According to the U.S. Bureau of Labor Statistics, there were 10.7 million unemployed persons in the U.S. in December, as total nonfarm payroll employment fell by 140,000 and the unemployment rate remained at 6.7%.
According to Biz2Credits’s latest Small Business Lending Index, small business loan approval percentages at lage banks decreased from 13.3% in October to 13.2% in November. In comparison, big banks approved 28.1% of the funding requests they received last November.
Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate changed little at 5.0%, the U.S. Bureau of Labor Statistics reported.
Total nonfarm payroll employment increased by 288,000 in June, and the unemployment rate declined to 6.1 percent, the U.S. Bureau of Labor Statistics reported.