The BLS also reported 493 thousand people that are usually full-time employees were working part time in January due to bad weather. The average for February over the previous 10 years was 1.57 million (median was 708 thousand). This series suggests weather positively impacted employment more than usual (boosting seasonally adjusted employment).
The San Francisco Fed estimates Weather-Adjusted Change in Total Nonfarm Employment (monthly change, seasonally adjusted). They use local area weather to estimate the impact on employment. For February, the San Francisco Fed estimated that weather boosted employment by 65 to 95 thousand jobs.
This is the second consecutive month with an employment boost from better than normal weather, and we should expect some negative payback in coming months.
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