A Third of Unemployed Americans Find Jobs a Month Later: Chart

The tight U.S. labor market has not only allowed many workers to switch jobs in search of better pay or flexibility, but it’s also increasingly helping unemployed Americans land a job. The rarely cited job-finding rate, a metric the Federal Reserve Bank of Atlanta calculates based on labor force flows, shows an estimated 32.1% of workers who were unemployed in January were employed in February. The March employment report, out Friday, is expected to show employers added about half a million jobs in the month.

To contact the reporter on this story:
Reade Pickert in Washington at epickert@bloomberg.net

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