Catching up in 2006

Here are the statistics the BLS has given for this year to date.

Nationwide

2006

Month Change Num. Employed Unemployment Rate
Jan. +154,000 134,530,000 4.7%
Feb. +200,000 134,730,000 4.8%
Mar. +175,000 134,905,000 4.7%
Apr. +126,000 135,031,000 4.7%
May +75,000 135,106,000 4.6%

Economic watchers have noted the gain of only 75,000 jobs in May. Economists I've heard on the news have predicted a slowdown in employment uptake for this year. They may see what's occurred in the last couple months as affirming their prediction. I note, however, that a similar thing occurred in January, 2005 when the U.S. gained 76,000 jobs. Looking at the data now it seems like an odd blip.

Month, Year Change Num. Employed Unemployment Rate
Nov., 2004 +133,000 132,235,000 5.4%
Dec., 2004 +160,000 132,395,000 5.4%
Jan., 2005 +76,000 132,471,000 5.2%
Feb., 2005 +265,000 132,736,000 5.4%
Mar., 2005 +140,000 132,876,000 5.1%

The same may happen again. We'll have to see what develops.

Colorado (statewide)

2006

Month Change Num. Employed Unemployment Rate
Jan. +2,800 2,252,000 4.7%
Feb. +2,900 2,254,900 4.3%
Mar. +9,300 2,264,200 4.3%
Apr. +500 2,264,700 4.3%

Denver Metro Area

2006

Month Change Num. Employed Unemployment Rate
Jan. -27,200 1,184,300 5.3%
Feb. +3,600 1,187,900 4.8%
Mar. +7,300 1,195,200 4.8%
Apr. +10,100 1,205,300 4.4%

Boulder County

2006

Month Change Num. Employed Unemployment Rate
Jan. -4,600 159,100 4.4%
Feb. +2,100 161,200 4.0%
Mar. +1,000 162,200 4.0%
Apr. +600 162,800 3.6%

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