{"id":1004336873,"date":"2019-07-09T02:20:51","date_gmt":"2019-07-09T10:20:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004336873"},"modified":"2021-05-15T04:57:22","modified_gmt":"2021-05-15T12:57:22","slug":"u-s-jobs-picture-holds-steady","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/u-s-jobs-picture-holds-steady\/","title":{"rendered":"US Jobs Picture Holds Steady"},"content":{"rendered":"
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Image via Pixabay.com<\/em><\/p><\/div>\n

The latest Employment Situation report from the Labor Department\u2019s Bureau of Labor Statistics is studded with a certain type of phrase: \u201clittle changed<\/em>,\u201d \u201clittle or no change<\/em>,\u201d \u201cessentially unchanged<\/em>\u201d and \u201clittle different<\/em>.\u201d<\/p>\n

One would not necessarily expect much change to nationwide employment figures on a month-to-month basis, but the just-released June report nonetheless does convey the stability, the predictability of the U.S. jobs picture over the recent past.<\/p>\n

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READ ALSO<\/strong>: 2019 Employment Picture<\/a><\/p>\n

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Aspects of the nation\u2019s employment picture to which those phrases above apply include the average unemployment rate (at 3.7 percent), the number of unemployed individuals (6 million), the number of long-term unemployed individuals, meaning those who have been jobless for 27 weeks or more (1.4 million) and the labor force participation rate (at 62.9 percent).<\/p>\n

What have changed, however, are numbers that are highly relevant to the commercial real estate sector:<\/p>\n