TED: The Economics Daily

In October 2025, federal government employment fell by 179,000 to its lowest level since July 2014 as some federal employees who accepted a deferred resignation offer came off federal payrolls. Federal employees on furlough during the government shutdown were counted as employed in the establishment survey because they received pay, even if later than usual, for the pay period that included the 12th of the month.

Have you ever made a bauble, a bangle, or maybe a beaded bracelet? Across the country a wide variety of things fill our spare time, not the least of which is arts and crafts as a hobby. Hobbies sometimes require certain skills and, like most human endeavors, get easier with practice. Some people even take classes and do homework to learn about their personal interests and improve their skills. In recognition of World Hobby Month, let’s look at the time spent on a few hobbies and activities.

Overall, 177.2 million people worked or looked for work in 2024, up by 2.8 million from the prior year. The number who experienced some unemployment increased by 978,000 to 14.7 million. The work-experience unemployment rate (those unemployed during the year as a percentage of those who worked or looked for work during the year) increased by 0.4 percentage point to 8.3 percent.

From November 2024 to November 2025, nonfarm employment increased in 4 metropolitan areas with a 2020 Census population of 1 million or more, decreased in 1 area, and was essentially unchanged in 51 areas.