Monthly job losses U.S. February 2023

In February 2023, the number of job losers and persons who completed temporary jobs in the United States stood at about 2.75 million. Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. The monthly unemployment rate can be found here.

Monthly number of job losers in the United States from February 2021 to February 2023 (in millions, seasonally adjusted)

Characteristic	Number in millions
Feb '23	2.75
Jan '23	2.53
Dec '22	2.63
Nov '22	2.76
Oct '22	2.7
Sep '22	2.53
Aug '22	2.69
Jul '22	2.55
Jun '22	2.65
May '22	2.74
Apr '22	2.84
Mar '22	2.83
Feb '22	3.04
Jan '22	3.22
Dec '21	3.09
Nov '21	3.37
Oct '21	3.7
Sep '21	4
Aug '21	4.44
Jul '21	4.91
Jun '21	5.73
May '21	5.82
Apr '21	6.27
Mar '21	6.26
Feb '21	6.61

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Release date

March 2023

More information

Region

United States

Survey time period

February 2021 to February 2023

Age group

16 years and older

Supplementary notes

Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. It is normal to report un-adjusted data for current unemployment rates, as these reflect the actual current situation. Seasonally adjusted data may be used for the longer term comparison. Unlike the trend and cyclical components, seasonal components, theoretically, happen with similar magnitude during the same time period each year. The seasonal component of a series are often considered to be uninteresting in their own right and to cause the interpretation of a series to be ambiguous. By removing the seasonal component, it is easier to focus on other components.

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