Friday, March 7, 2025

US Jobs Report February 2025

BLS 3-7-25 

The US Jobs Report listed increases in Healthcare, Retail, Government and Social Assistance in January 2025.  

Jobs are expected to increase as Corporate Taxes are cut and facilities are bought or built. Construction jobs should become available as Illegals leave. Job openings are listed on Indeed.

Local job posting sites are more useful to find jobs closer to home.

The BLS has reduced the number of jobs reported in 2024 by another 589,000. 7,982,000 were lost from 2021 to 2024.

The BLS also reduced the number of US jobs reported from April 2023 to March 2024 by 818,000. When spread through the prior year, the average monthly job gain from April 2023 through March 2024 was 173,500 versus nearly 242,000, an analysis of BLS data shows. The downward adjustments were limited to the private sector, with nearly half in the professional and business services industry (revised down by 358,000, or 1.6%.) Other sectors showing large negative swings included the information industry (down 68,000, or 2.3%), leisure and hospitality (down 150,000, or 0.9%) and manufacturing (down 115,000, or -0.9%).

BLS Jobs Report February 2025 

Total nonfarm payroll employment increased by 151.000. Unemployment remained at 4.1%. Employment trended up in health care, financial activities, transportation and warehousing, and social assistance.

Federal government employment declined.

The number of unemployed persons decreased from 6.8 million to 7.1 million in February 2025.  

Long Term Unemployment increased from 1.4 million to 1.5 million in February 2025.

The Labor Participation rate moved from 62.5% to 62.4% in February 2025.

There were 5.5 million actively seeking jobs.

The average work week remained at 34.3 hours to 34.1 hours in January 2025.

Health care jobs increased by 52,000 in February 2025 and is well above February 2020 levels.

Financial Services jobs increased by 21,000 in February 2025.

Transportation and Warehousing jobs increased by 18,000 in February 2025.

Social Assistance jobs increased by 11,000 in February 2025.

Retail trade lost 6,000 jobs in February 2025. Retail jobs are down by 100,000 since February 2020.

In February, employment in food and beverage retailers declined by 15,000, largely due to strike activity. Warehouse clubs, supercenters, and other general merchandise retailers added 10,000 jobs.

Government jobs lost 10,000 jobs in February 2025 and is above February 2020 levels.

Employment showed little change over the month in other major industries, including mining,

quarrying, and oil and gas extraction; construction; manufacturing; wholesale trade;

information; professional and business services; leisure and hospitality; and other services.

https://www.bls.gov/news.release/archives/empsit_03072025.htm

The US Jobs deficit was 9.5 million in January 2021. This is the shortfall between jobs held in February 2020.

Over 16 million illegal immigrants entered the US since January 2021. I expect they will take government welfare in addition to jobs where they can be supervised by bi-lingual illegals in jobs that don’t require English and drug cartel jobs. Over 4 million legal immigrants arrive each year and 2 million US students graduate each year.

Comments

This is Jobs Report has improved.

Biden’s BLS  Reports overstated jobs added and corrections were hard to find. The 12,686,000 Jobs restored are off-set by the 10.640,000 Job Lay-offs to have 2.046.000 Jobs created in 2021 to 2023 minus 818,000 puts Jobs created at 1,228,000.

The US population is 335.9 million. The Labor Participation rate is 62.4%. The US Labor force is 276.7816 million

If I applied the data above on US layoffs to the US Jobs Report, the data shows jobs lost from 2021 to Feb 2024 were 6,944,000.

Jobs 2021-2023                  Revised Feb 2024

Jobs restored 12,686,000   12,686,000

Job Lay-offs   10,640,000   19,630,000

Jobs created    2,046,000   -6,944,000 jobs lost

Comments

By 2021, most large companies required job seekers to apply via painfully complex company job websites. They hired mostly Black and LGBTQ applicants to comply with DEI edicts. White Conservatives were not welcome and many quit their Woke companies. Company website applications were too much hassle for lower paid workers who used to show up with a resume to get a job. 

The 11 million jobs open reported in 2021, was a fishing trip for Engineers with specific skills in AI, EV, Cyber abatement and advanced chip design and manufacturing. At the same time these companies were in the process of deciding what new fad they would continue to fund. Apple was going to make EVs and dropped it. Bezos bought Twitter, found corruption and laid off 75% of his workforce. AI companies did find Engineers who had been studying AI since 2000. Engineers can now work from home as consultants.

As job postings fell from 2022 to 2023, non-engineering jobs were posted “in case they needed employees”, but applicants were ignored as companies continued to question future demand for their services. Applicants stopped applying through company websites and turned to finding their own jobs.

The 8 million jobs open reported in 2024 reflects the bubbles in job postings that arose from “ready, fire, aim” tactics used by big companies as they assessed what fads would succeed. Low EV sales reflected prohibitive costs, design flaws and limitations. EV mandates continue to be ignored. The EV Mandate has been removed and Car Manufactures need to re-set their operations to include fewer EVs and more Hybrids and gasoline powered cars.

10 million illegals or 65% of our 16 million are working in the US and have taken the jobs. The 6 million plus Illegal migrants are working for Drug Cartels, collecting welfare and awaiting work permits. Many are working illegally in the US at familiar companies processing animal parts, landscaping and working in on-line retail in warehouse jobs.

Norb Leahy, Dunwoody GA Tea Party Leader

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