Payroll employment rises by 292,000 in December; unemployment rate unchanged at 5.0%

Total nonfarm payroll employment rose by 292,000 in December, and the unemployment rate was unchanged at 5.0 percent. Employment gains were led by professional and business services, construction, health care, and food services and drinking places. Mining employment continued to decline.
Employment Situation

Image from page 227 of “Bell telephone magazine” (1922)

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Identifier: belltelephone6667mag00amerrich
Title: Bell telephone magazine
Year: 1922 (1920s)
Authors: American Telephone and Telegraph Company American Telephone and Telegraph Company. Information Dept
Subjects: Telephone
Publisher: [New York, American Telephone and Telegraph Co., etc.]
Contributing Library: Prelinger Library
Digitizing Sponsor: Internet Archive

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Populationresulted in growth and the increased mobility of people havea spiraling demand lor communications services.

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World War II, the most dramatic growth is centeredin the southeastern quadrant where the commerceand industry boom is outstripping the nation as awhole in virtually every growth barometer. The four states of Florida, Georgia, North andSouth Carolina form the heart of the areas boombelt. In the last 10 years these states have registereda population increase of almost four million —a 27per cent increase — compared to the national rate of17 per cent. Income in the area has almost doubled,climbing some 30 per cent faster than the rest of thecountry. Factory and non-farm payrolls are increas-ing at twice the countrys rate. As one southernerputs it: Weve had a taste of prosperity and welike it. Such a skyrocketing economy, of course, createsdemands for many goods and services, including ex-panded and more sophisticated communication fa-cilities. Not too many years ago, I can vividly remembercanvassing a town in the south to determine futuretelephone needs, recalls one Southern Bell tele

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