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US payroll growth and jobless rate cannot be established from supplied data

U.S. payroll growth and its monthly comparison were unavailable in the supplied Bureau of Labor Statistics data. Corrupted unemployment and claims entries prevented a reliable employment update.

Updated 1 min read
(Pixabay)
(Pixabay)

U.S. payroll growth for the latest month and its comparison with the previous month were unavailable in the supplied data attributed to the Bureau of Labor Statistics through FRED.

The monthly employment figures lacked a reference month. The missing payroll changes prevented a comparison of hiring across the two months.

The unemployment rate could not be established. The supplied entry contained an invalid 400% reading alongside website code, while the previous month's rate was unavailable.

The Bureau of Labor Statistics figures supplied through FRED also lacked the twelve-month change in average hourly earnings. An hourly pay level alone does not establish how much wages changed over a year.

The labor force participation rate, the share of people working or looking for work, was also unusable. Its entry contained the same invalid percentage and website code.

The latest weekly initial claims figure could not be reliably dated because website code replaced the week in the supplied Department of Labor data through FRED. The four-week average was unavailable.

Initial claims count new applications for unemployment benefits. They are weekly figures, but the missing dates prevented confirmation that the supplied claims entry was more recent than the monthly employment figures.

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