Today’s Jobs Report in Pictures
Today’s jobs report shows an encouraging increase in payroll employment of 236,000 jobs in February, but a more complicated picture of unemployment. The unemployment rate edged down to 7.7 percent but the overall labor force shrank by 130,000 people, lowering the labor force participation rate and leaving the share of the population with a job unchanged. Long-term unemployment, which remains at historically high levels, ticked up in February.
Below are some charts to show how the new figures look in historical context.