Employment rose by 467,000 in January as the U.S. unemployment rate edged up to four percent, according to the most recent U.S. Bureau of Labor Statistics report. Employment growth continued in leisure and hospitality, in professional and business services, in retail trade, and in transportation and warehousing. Over the year, the unemployment rate is down by 2.4 percentage points, and the number of unemployed persons declined by 3.7 million. In February 2020, prior to the coronavirus (COVID-19) pandemic, the unemployment rate was 3.5 percent, and unemployed persons numbered 5.7 million.
Among the major worker groups, the unemployment rates for adult men (3.8 percent)