📊 Economic Indicators |
Bureau of Labor Statistics |
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In February 2025, the number of job openings, hires, and people leaving jobs stayed mostly the same across the United States. A few states saw changes: Arizona’s job openings dropped by 71,000 and its job opening rate fell by 2 percentage points, while New Jersey’s openings rose by 43,000 and its rate went up by 0.9 points. Hiring rates went down in Vermont by 1.3 points and Tennessee by 1 point but rose in Florida by 1.3 points. More people quit jobs in South Dakota (up 0.7 points), but fewer quit in Tennessee and Colorado. Layoffs increased in Alaska and Massachusetts but dropped in Rhode Island and Kansas. Overall, these small changes show that the job market is steady, meaning most people who want jobs can find them, and workers are not quitting or losing jobs in large numbers. This matters because steady job openings and hiring help families earn steady incomes and keep the economy balanced. Read full document →
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In the first three months of 2025, the middle amount of money that full-time workers usually earned each week was $1,194, which is about 5% more than a year before. At the same time, prices for things people buy went up by about 3%. This means workers’ pay grew faster than prices, so they could afford more than last year. Women earned about 84% of what men earned, and pay differences also changed depending on race, age, and education. For example, workers with a college degree earned much more than those without a high school diploma. These changes matter because they show how much money people have to spend and how fair pay is across different groups, which affects families and the economy. Read full document →
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