Tuesday, August 23, 2011

Nearly 29 Million People Need Jobs in the U.S.!

JULY 2011 UNEMPLOYMENT DATA*
                                          (U.S. BUREAU OF LABOR STATISTICS)

OFFICIAL UNEMPLOYMENT: 9.1% [Analysis]A year earlier, the number of unemployed persons was 14.6
million, and the jobless rate was 9.5 percent.
[BLS]

White
     8.1%
African American
15.9%
Hispanic
11.3%
Asian**
                                    7.7%
Persons with a disability **
    16.8%
Men 20 years and over
9.0%
Women 20 years and over
7.9%
Teens (16-19 years)
25.0%
Black teens
39.2%
Officially unemployed
13.9 million

HIDDEN UNEMPLOYMENT

Working part-time because can't find a full-time job:  8.4 million
People who want jobs but are not looking so are not counted in official statistics (of which about 2.8 million** searched for work during the prior 12 months and were available for work during the reference week.)  6.6 million
Total: 28.9 million (18.1% of the labor force)

Source: http://www.bls.gov/news.release/pdf/empsit.pdf
 
**Not seasonally adjusted.


Cross posted from www.njfac.org

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