The BLS released their monthly labor report this morning:
REGIONAL AND STATE EMPLOYMENT AND UNEMPLOYMENT: FEBRUARY 2006 (PDF)
The seasonally adjusted unemployment rate rose to 4.7% in February from 4.5% in January. February also saw a year over year rise from a rate of 4.4% in February of 2005. The number of unemployed stands at 208,700 up from 201,800 the month prior. The total number of unemployed stood at 195,800 in February of 2005.
Caveat Emptor!
Grim
“The seasonally adjusted unemployment rate rose to 4.7% in February from 4.5% in January.”
We’re still at historic lows, and in ecomomic terms our economy is at “full employment.”
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