Official unemployment figures for the Birmingham economy were updated today. Numbers for January have been finalized and preliminary figures for February have now been made available.
January
The unemployment rate increased to 2.8% in January. 7,685 positions were lost, and 4,273 workers left the labor force causing the unemployment rate increase. Nonfarm payrolls fell by 7,000. No individual sector saw significant employment changes.
February (preliminary)
The unemployment rate increased to 3.0% in February. 334 positions were lost, and 1319 workers entered the labor force causing the unemployment rate increase. Nonfarm payrolls increased by 2,900. No individual sector saw significant employment changes.
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