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On the last business day of March 2024, there were 8.5 million job openings, little changed from the previous month but 1.1 million fewer than a year earlier. The job openings rate was 5.1 percent.
read full article »Of the 3.1 million people ages 16 to 24 who graduated from high school between January and October 2023, 1.9 million, or 61.4 percent, were enrolled in colleges or universities in October 2023.
Nonfarm payroll employment increased by 175,000 in April 2024, lower than the average monthly gain of 242,000 over the prior 12 months. Since April 2023, the over-the-month change in employment has ranged from 165,000 to 315,000. Total nonfarm payroll employment has risen from 155.5 million in April 2023 to 158.3 million in April 2024.
In April 2024, the number of long-term unemployed (those jobless for 27 weeks or more) was at 1.3 million, or 19.6 percent of all unemployed people. Those unemployed long term made up 19.4 percent of the total unemployed in April 2023, 23.0 percent in April 2022, and 42.9 percent in March 2021 (the recent peak).