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Number Of Unemployed

There was 0.3 unemployed person per job opening in eight states (Minnesota, Nebraska, New Hampshire, North Dakota, South Dakota, Utah, Vermont, and Virginia) in September 2022. There was 0.7 unemployed person per job opening in six states (Connecticut, Illinois, Nevada, Oregon, Pennsylvania, and Washington) and 0.8 unemployed person per job opening in New York, where there were 405,000 unemployed people and 528,000 job openings in September. Nationwide, the ratio of unemployed persons per job opening was 0.5 in September 2022, as there were 5,753,000 unemployed people and 10,717,000 job openings. The number of job openings by state ranged from about 25,000 in Vermont and Wyoming to over one million in Texas and California. The number of job openings increased in 10 states, decreased in 1 state, and was little changed in 39 states and the District of Columbia in September 2022.

Unemployment Rate

Total non-farm payroll employment increased by 263,000 in November 2022, and the unemployment rate was unchanged at 3.7%, according to the most recent data by the U.S. Bureau of Labor Statistics. Notable job gains occurred in leisure and hospitality, health care, and government. Employment declined in retail trade and in transportation and warehousing. Among the unemployed, the number of permanent job losers rose by 127,000 to 1.4 million in November. The number of persons on temporary layoff changed little at 803,000.

Total Men, 20 years and over Women, 20 years and over 16 to 19 years old Asian Hispanic or Latino White Black or African American

Source: U.S. Bureau of Labor Statistics

Air Passenger Fares

Export air passenger fares rose 14.6% for the year ended in October 2022, due in part to a 33.5% increase in Latin American/Caribbean and an 11.5% increase in Asian fares. Import air passenger fares advanced 13.4% over the past 12 months.

Air Fares

Source: U.S. Bureau of Labor Statistics

Export air freight prices increased 11.7% from October 2021 to October 2022. Within the export air freight category, prices of Asian carriers increased 23% and prices at European carriers fell 1.3%. Import air freight prices fell 20.6% over the past year. Outbound air freight prices rose 48.4%, while inbound air freight prices fell 20.2% for the year ended in October.

Source: U.S. Bureau of Labor Statistics

Source: U.S. Bureau of Labor Statistics