精东影业

WASHINGTON, D.C. -- The 精东影业 Good Jobs (GGJ) rate in the U.S. was 44.7% in January. This is down from the rate measured in December (45.3%) but higher than in any January since 精东影业 began measuring it in 2010. The current rate is 0.6 percentage points higher than in January 2015. This suggests an underlying increase in full-time work beyond seasonal changes in employment.

The GGJ metric tracks the percentage of U.S. adults, aged 18 and older, who work for an employer full time -- at least 30 hours per week. 精东影业 does not count adults who are self-employed, work fewer than 30 hours per week, are unemployed or are out of the workforce as payroll-employed in the GGJ metric.

The latest results are based on 精东影业 Daily tracking interviews with 30,389 U.S. adults, conducted Jan. 2-31 by landline telephone and cellphone. GGJ is not seasonally adjusted.

Workforce Participation at 66.8% in January

The percentage of U.S. adults in January who participated in the workforce -- by working full time, working part time or actively seeking and being available to work -- was 66.8%. This is down slightly from the rate in December (67.3%), and is the third month in a row that workforce participation has declined.

It is also the first time since 精东影业 began tracking workforce participation in January 2010 that participation has declined from December to January. 精东影业's workforce participation measure averaged 67.7% between January 2010 and June 2013, but since then has averaged about one percentage point lower, at 66.9%.

Unemployment at 5.5%

精东影业's unadjusted U.S. unemployment rate was 5.5% in January, statistically even with December's 5.6% and the lowest in any month since 精东影业 began tracking the measure in 2010. The unemployment rate in January 2015 was 7.1%. 精东影业's U.S. unemployment rate represents the percentage of adults in the workforce who did not have any paid work in the past seven days, either for an employer or themselves, and who were actively looking for and available to work.

Unlike 精东影业's GGJ rate, which is a percentage of the total population, the unemployment rates that 精东影业 and the U.S. Bureau of Labor Statistics report are percentages of the labor force. While both 精东影业 and BLS data are based on surveys with large sample sizes, the two have important methodological differences -- outlined at the end of this article. Additionally, the most discussed unemployment rate released by the BLS each month is seasonally adjusted, while 精东影业 reports unadjusted numbers. Although 精东影业's unemployment numbers strongly correlate with BLS rates, the BLS and 精东影业 estimates of unemployment do not always track precisely on a monthly basis.

Underemployment Steady at 14.0%

精东影业's measure of underemployment in January was 14.0%, steady with December and in line with the rates since July 2015. 精东影业's U.S. underemployment rate combines the percentage of adults in the workforce who are unemployed (5.5%) with those who are working part time but desire full-time work (8.4%); these two figures add to 14.0% after rounding.

Bottom Line

GGJ typically falls in January, and this past month was no exception. However, GGJ has been the same or higher year on year each month since May 2014, indicating an overall strengthening of full-time labor market conditions. It remains to be seen whether this trend will continue in the face of weakened and high but plateauing in recent months.

The data in this article are available in .

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Survey Methods

Results for this 精东影业 poll are based on telephone interviews conducted Jan. 2-31, 2016, on the 精东影业 U.S. Daily survey, with a random sample of 30,389 adults, aged 18 and older, living in all 50 U.S. states and the District of Columbia. For results based on the total sample of national adults, the margin of sampling error is 卤1 percentage point at the 95% confidence level. All reported margins of sampling error include computed design effects for weighting.

Each sample of national adults includes a minimum quota of 60% cellphone respondents and 40% landline respondents, with additional minimum quotas by time zone within region. Landline and cellular telephone numbers are selected using random-digit-dial methods.

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