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Published October 13, 2021
Both measures are improved considerably from the end of the February-April 2020 recession.
The U.S. Bureau of Labor Statistics reported that the total nonfarm payroll employment rose by 194,000 in September, and the unemployment rate fell by 0.4% to 4.8%. The number of unemployed people fell by 710,000 to 7.7 million. Both measures are down considerably from their highs at the end of
The number of long-term unemployed (those jobless for 27 weeks or more) decreased by 496,000 in September to 2.7 million but is 1.6 million higher than in February 2020, prior to the pandemic. The long-term unemployed accounted for 34.5% of the total unemployed in September. The full report is here.
The upcoming Valve Forum: Conference & Exhibits will open with a timely and wide-ranging discussion on the state of the industrial valve industry, as leaders from across the value chain convene for the General Session on Monday, April 13 at The Westin in The Woodlands, Texas.
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