And the stable gain in January suggests that Omicron, while disruptive, did little to dent employers’ underlying confidence within the recovery. The unemployment rate rose slightly to four percent as some businesses laid off or furloughed employees. An different measure of employment, based mostly on a survey of households, really fell by greater Carrer News than a quarter-million. And economists warned that measurement issues and different quirks made the info tough to interpret. Ahead of the jobs numbers being released in a couple of minutes, futures on the S&P 500, which permit investors to trade before the market officially opens, are barely down, about zero.2 p.c.
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- And an essential sector the place fewer individuals are employed than earlier than the pandemic is local government schooling, with 359,000 fewer jobs than in Feb. 2020, a decrease of four.4 %.
- Hiring managers typically prefer nondegree credentials from high universities over credit-bearing certificates from for-profit institutions.