Employment Level Still 3 Million Jobs Less Then Peak Level in November 2007 Plus Short 9 Million Jobs For Population Growth in Last 65 Months — 12 Million Job Shortage — Stagflation — DOW hits 15000, NASDAQ hits 12 year high — Buy Low–Sell High — Sell Your U.S. Bonds and Stocks Now — Videos

Posted on May 3, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Economics, Education, Energy, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, Homes, Inflation, Investments, Language, Law, liberty, Links, Literacy, Macroeconomics, Math, media, Microeconomics, Monetary Policy, Money, Philosophy, Politics, Public Sector, Rants, Raves, Tax Policy, Unemployment, Unions, Video, War, Wealth, Wisdom | Tags: BLS, Buy Low, Civilian Labor Force, Discourages Workers, DOW hits 15000, Economics, Employment Level, Employment Situation Summary, Labor Force Participation Rate, NASDAQ hits 12 year high, New Entrants, Politics, Sell High, Stagflation, Stock Rallly, Teenage Unemployment Rate, U-3, U-6, Unemployment Level, Unemployment Rate, Videos |

DOW hits 15000, NASDAQ hits 12 year high

May 3rd 2013 CNBC Stock Market Squawk Box (April Jobs Report)

Jobless Rate Falls to Four-Year Low, and More

Jobs Pop, Unemployment Rate Drops

Data extracted on: May 3, 2013 (11:51:32 AM)

Labor Force Statistics from the Current Population Survey

Employment Level

143,579,000

Series Id:           LNS12000000
Seasonally Adjusted
Series title:        (Seas) Employment Level
Labor force status:  Employed
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	136559(1)	136598	136701	137270	136630	136940	136531	136662	136893	137088	137322	137614
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140245(1)	140385	140654	141254	141609	141714	142026	142434	142401	142548	142499	142752
2006	143150(1)	143457	143741	143761	144089	144353	144202	144625	144815	145314	145534	145970
2007	146028(1)	146057	146320	145586	145903	146063	145905	145682	146244	145946	146595	146273
2008	146378(1)	146156	146086	146132	145908	145737	145532	145203	145076	144802	144100	143369
2009	142153(1)	141644	140721	140652	140250	140005	139898	139481	138810	138421	138665	138025
2010	138439(1)	138624	138767	139296	139255	139148	139167	139405	139388	139097	139046	139295
2011	139253(1)	139471	139643	139606	139681	139405	139509	139870	140164	140314	140771	140896
2012	141608(1)	142019	142020	141934	142302	142448	142250	142164	142974	143328	143277	143305
2013	143322(1)	143492	143286	143579
1 : Data affected by changes in population controls.

Civilian Labor Force Level

155,238,000

Series Id:           LNS11000000
Seasonally Adjusted
Series title:        (Seas) Civilian Labor Force Level
Labor force status:  Civilian labor force
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	142267(1)	142456	142434	142751	142388	142591	142278	142514	142518	142622	142962	143248
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148029(1)	148364	148391	148926	149261	149238	149432	149779	149954	150001	150065	150030
2006	150214(1)	150641	150813	150881	151069	151354	151377	151716	151662	152041	152406	152732
2007	153144(1)	152983	153051	152435	152670	153041	153054	152749	153414	153183	153835	153918
2008	154063(1)	153653	153908	153769	154303	154313	154469	154641	154570	154876	154639	154655
2009	154232(1)	154526	154142	154479	154742	154710	154505	154300	153815	153804	153887	153120
2010	153455(1)	153702	153960	154577	154110	153623	153709	154078	153966	153681	154140	153649
2011	153244(1)	153269	153358	153478	153552	153369	153325	153707	154074	154010	154096	153945
2012	154356(1)	154825	154707	154451	154998	155149	154995	154647	155056	155576	155319	155511
2013	155654(1)	155524	155028	155238
1 : Data affected by changes in population controls.

Labor Force Participation Rate

63.3%

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	67.3	67.3	67.3	67.3	67.1	67.1	66.9	66.9	66.9	66.8	66.9	67.0
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.1	66.1	66.0	66.0	65.9	65.8
2009	65.7	65.8	65.6	65.7	65.7	65.7	65.5	65.4	65.1	65.0	65.0	64.6
2010	64.8	64.9	64.9	65.1	64.9	64.6	64.6	64.7	64.6	64.4	64.6	64.3
2011	64.2	64.2	64.2	64.2	64.2	64.0	64.0	64.1	64.2	64.1	64.1	64.0
2012	63.7	63.9	63.8	63.6	63.8	63.8	63.7	63.5	63.6	63.8	63.6	63.6
2013	63.6	63.5	63.3	63.3

Unemployment Level

11,659,000

Series Id:           LNS13000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	5708	5858	5733	5481	5758	5651	5747	5853	5625	5534	5639	5634
2001	6023	6089	6141	6271	6226	6484	6583	7042	7142	7694	8003	8258
2002	8182	8215	8304	8599	8399	8393	8390	8304	8251	8307	8520	8640
2003	8520	8618	8588	8842	8957	9266	9011	8896	8921	8732	8576	8317
2004	8370	8167	8491	8170	8212	8286	8136	7990	7927	8061	7932	7934
2005	7784	7980	7737	7672	7651	7524	7406	7345	7553	7453	7566	7279
2006	7064	7184	7072	7120	6980	7001	7175	7091	6847	6727	6872	6762
2007	7116	6927	6731	6850	6766	6979	7149	7067	7170	7237	7240	7645
2008	7685	7497	7822	7637	8395	8575	8937	9438	9494	10074	10538	11286
2009	12079	12881	13421	13826	14492	14705	14607	14819	15005	15382	15223	15095
2010	15016	15078	15192	15281	14856	14475	14542	14673	14577	14584	15094	14354
2011	13992	13798	13716	13872	13871	13964	13817	13837	13910	13696	13325	13049
2012	12748	12806	12686	12518	12695	12701	12745	12483	12082	12248	12042	12206
2013	12332	12032	11742	11659

Unemployment Rate U-3

7.5%

Series Id:           LNS14000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	4.0	4.1	4.0	3.8	4.0	4.0	4.0	4.1	3.9	3.9	3.9	3.9
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.9	5.1	5.0	5.4	5.6	5.8	6.1	6.1	6.5	6.8	7.3
2009	7.8	8.3	8.7	9.0	9.4	9.5	9.5	9.6	9.8	10.0	9.9	9.9
2010	9.8	9.8	9.9	9.9	9.6	9.4	9.5	9.5	9.5	9.5	9.8	9.3
2011	9.1	9.0	8.9	9.0	9.0	9.1	9.0	9.0	9.0	8.9	8.6	8.5
2012	8.3	8.3	8.2	8.1	8.2	8.2	8.2	8.1	7.8	7.9	7.8	7.8
2013	7.9	7.7	7.6	7.5

16-19 Years (Teenage) Unemployment Rate

24.1%

Series Id:           LNS14000012
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate – 16-19 yrs.
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 to 19 years

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	12.7	13.8	13.3	12.6	12.8	12.3	13.4	14.0	13.0	12.8	13.0	13.2
2001	13.8	13.7	13.8	13.9	13.4	14.2	14.4	15.6	15.2	16.0	15.9	17.0
2002	16.5	16.0	16.6	16.7	16.6	16.7	16.8	17.0	16.3	15.1	17.1	16.9
2003	17.2	17.2	17.8	17.7	17.9	19.0	18.2	16.6	17.6	17.2	15.7	16.2
2004	17.0	16.5	16.8	16.6	17.1	17.0	17.8	16.7	16.6	17.4	16.4	17.6
2005	16.2	17.5	17.1	17.8	17.8	16.3	16.1	16.1	15.5	16.1	17.0	14.9
2006	15.1	15.3	16.1	14.6	14.0	15.8	15.9	16.0	16.3	15.2	14.8	14.6
2007	14.8	14.9	14.9	15.9	15.9	16.3	15.3	15.9	15.9	15.4	16.2	16.8
2008	17.8	16.6	16.1	15.9	19.0	19.2	20.7	18.6	19.1	20.0	20.3	20.5
2009	20.7	22.2	22.2	22.2	23.4	24.7	24.3	25.0	25.9	27.1	26.9	26.6
2010	26.0	25.4	26.2	25.5	26.6	26.0	26.0	25.7	25.8	27.2	24.6	25.1
2011	25.5	24.0	24.4	24.7	24.0	24.7	24.9	25.2	24.4	24.1	23.9	22.9
2012	23.4	23.7	25.0	24.9	24.4	23.7	23.9	24.5	23.7	23.7	23.6	23.5
2013	23.4	25.1	24.2	24.1

Average Weeks Unemployed

36.5%

Series Id:           LNS13008275
Seasonally Adjusted
Series title:        (Seas) Average Weeks Unemployed
Labor force status:  Unemployed
Type of data:        Number of weeks
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	13.1	12.6	12.7	12.4	12.6	12.3	13.4	12.9	12.2	12.7	12.4	12.5
2001	12.7	12.8	12.8	12.4	12.1	12.7	12.9	13.3	13.2	13.3	14.3	14.5
2002	14.7	15.0	15.4	16.3	16.8	16.9	16.9	16.5	17.6	17.8	17.6	18.5
2003	18.5	18.5	18.1	19.4	19.0	19.9	19.7	19.2	19.5	19.3	19.9	19.8
2004	19.9	20.1	19.8	19.6	19.8	20.5	18.8	18.8	19.4	19.5	19.7	19.4
2005	19.5	19.1	19.5	19.6	18.6	17.9	17.6	18.4	17.9	17.9	17.5	17.5
2006	16.9	17.8	17.1	16.7	17.1	16.6	17.1	17.1	17.1	16.3	16.2	16.1
2007	16.3	16.7	17.8	16.9	16.6	16.5	17.2	17.0	16.3	17.0	17.3	16.6
2008	17.5	16.9	16.5	16.9	16.6	17.1	17.0	17.7	18.6	19.9	18.9	19.9
2009	19.8	20.1	20.9	21.6	22.4	23.9	25.1	25.3	26.7	27.4	29.0	29.7
2010	30.4	29.8	31.6	33.2	33.9	34.4	33.8	33.6	33.4	34.0	34.1	34.8
2011	37.3	37.4	39.2	38.6	39.5	39.6	40.4	40.3	40.4	38.9	40.7	40.7
2012	40.2	39.9	39.5	39.1	39.6	39.7	38.8	39.3	39.6	39.9	39.7	38.1
2013	35.3	36.9	37.1	36.5

Unemployment Level New Entrants

1,280,000

Series Id:                  LNS13023569
Seasonally Adjusted
Series title:               (Seas) Unemployment Level – New Entrants
Labor force status:         Unemployed
Type of data:               Number in thousands
Age:                        16 years and over
Unemployed entrant status:  New entrants

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	394	420	429	406	466	427	433	499	415	402	419	490
2001	444	396	378	457	468	467	448	485	473	481	495	515
2002	484	507	538	527	497	549	545	612	536	479	591	535
2003	599	584	630	635	630	661	669	652	686	636	593	693
2004	676	666	631	652	718	649	702	704	695	734	700	702
2005	621	753	712	764	710	650	630	626	607	638	673	633
2006	616	711	636	591	517	646	639	646	612	572	591	586
2007	622	599	615	620	530	640	602	588	668	696	678	679
2008	677	656	704	625	797	786	835	821	815	819	763	803
2009	779	999	874	901	965	1002	1004	1085	1150	1100	1326	1240
2010	1199	1192	1155	1188	1201	1170	1207	1279	1211	1277	1272	1308
2011	1352	1289	1308	1301	1220	1231	1278	1260	1370	1289	1271	1286
2012	1258	1382	1421	1362	1347	1316	1299	1268	1253	1302	1326	1291
2013	1287	1279	1316	1280

Not in Labor Force, Search For Work and Available

2,347,000

Series Id:                       LNU05026642
Not Seasonally Adjusted
Series title:                    (Unadj) Not in Labor Force, Searched For Work and Available
Labor force status:              Not in labor force
Type of data:                    Number in thousands
Age:                             16 years and over
Job desires/not in labor force:  Want a job now
Reasons not in labor force:      Available to work now

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Annual
2000	1207	1281	1219	1216	1113	1142	1172	1097	1166	1044	1100	1125	1157
2001	1295	1337	1109	1131	1157	1170	1232	1364	1335	1398	1331	1330	1266
2002	1532	1423	1358	1397	1467	1380	1507	1456	1501	1416	1401	1432	1439
2003	1598	1590	1577	1399	1428	1468	1566	1665	1544	1586	1473	1483	1531
2004	1670	1691	1643	1526	1533	1492	1557	1587	1561	1647	1517	1463	1574
2005	1804	1673	1588	1511	1428	1583	1516	1583	1438	1414	1415	1589	1545
2006	1644	1471	1468	1310	1388	1584	1522	1592	1299	1478	1366	1252	1448
2007	1577	1451	1385	1391	1406	1454	1376	1365	1268	1364	1363	1344	1395
2008	1729	1585	1352	1414	1416	1558	1573	1640	1604	1637	1947	1908	1614
2009	2130	2051	2106	2089	2210	2176	2282	2270	2219	2373	2323	2486	2226
2010	2539	2527	2255	2432	2223	2591	2622	2370	2548	2602	2531	2609	2487
2011	2800	2730	2434	2466	2206	2680	2785	2575	2511	2555	2591	2540	2573
2012	2809	2608	2352	2363	2423	2483	2529	2561	2517	2433	2505	2614	2516
2013	2443	2588	2326	2347

Not in Labor Force, Searched for Work and Available,

Discouraged Reasons For Not Currently Looking

835,000

Series Id:                       LNU05026645
Not Seasonally Adjusted
Series title:                    (Unadj) Not in Labor Force, Searched For Work and Available, Discouraged Reasons For Not Currently Looking
Labor force status:              Not in labor force
Type of data:                    Number in thousands
Age:                             16 years and over
Job desires/not in labor force:  Want a job now
Reasons not in labor force:      Discouragement over job prospects (Persons who believe no job is available.)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Annual
2000	236	267	258	331	280	309	266	203	253	232	236	269	262
2001	301	287	349	349	328	294	310	337	285	331	328	348	321
2002	328	375	330	320	414	342	405	378	392	359	385	403	369
2003	449	450	474	437	482	478	470	503	388	462	457	433	457
2004	432	484	514	492	476	478	504	534	412	429	392	442	466
2005	515	485	480	393	392	476	499	384	362	392	404	451	436
2006	396	386	451	381	323	481	428	448	325	331	349	274	381
2007	442	375	381	399	368	401	367	392	276	320	349	363	369
2008	467	396	401	412	400	420	461	381	467	484	608	642	462
2009	734	731	685	740	792	793	796	758	706	808	861	929	778
2010	1065	1204	994	1197	1083	1207	1185	1110	1209	1219	1282	1318	1173
2011	993	1020	921	989	822	982	1119	977	1037	967	1096	945	989
2012	1059	1006	865	968	830	821	852	844	802	813	979	1068	909
2013	804	885	803	835

Total Unemployment Rate U-6

13.9%

Series Id:           LNS13327709
Seasonally Adjusted
Series title:        (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers
Labor force status:  Aggregated totals unemployed
Type of data:        Percent or rate
Age:                 16 years and over
Percent/rates:       Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached

2000	7.1	7.2	7.1	6.9	7.1	7.0	7.0	7.1	7.0	6.8	7.1	6.9
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5	9.4	9.7	9.5	9.5	9.6	9.6	9.6	9.6	9.7	9.8
2003	10.0	10.2	10.0	10.2	10.1	10.3	10.3	10.1	10.4	10.2	10.0	9.8
2004	9.9	9.7	10.0	9.6	9.6	9.5	9.5	9.4	9.4	9.7	9.4	9.2
2005	9.3	9.3	9.1	8.9	8.9	9.0	8.8	8.9	9.0	8.7	8.7	8.6
2006	8.4	8.4	8.2	8.1	8.2	8.4	8.5	8.4	8.0	8.2	8.1	7.9
2007	8.4	8.2	8.0	8.2	8.2	8.3	8.4	8.4	8.4	8.4	8.4	8.8
2008	9.2	9.0	9.1	9.2	9.7	10.1	10.5	10.8	11.0	11.8	12.6	13.6
2009	14.2	15.1	15.7	15.9	16.4	16.5	16.5	16.7	16.7	17.1	17.1	17.1
2010	16.7	17.0	17.0	17.1	16.6	16.5	16.5	16.5	16.8	16.7	16.9	16.6
2011	16.2	16.0	15.8	16.0	15.8	16.1	16.0	16.1	16.3	16.0	15.5	15.2
2012	15.1	15.0	14.5	14.5	14.8	14.8	14.9	14.7	14.7	14.5	14.4	14.4
2013	14.4	14.3	13.8	13.9

Background Articles and Videos

Employment Situation Summary

Transmission of material in this release is embargoed                   USDL-13-0785
until 8:30 a.m. (EDT) Friday, May 3, 2013

Technical information:
 Household data:       (202) 691-6378  *  cpsinfo@bls.gov  *  www.bls.gov/cps
 Establishment data:   (202) 691-6555  *  cesinfo@bls.gov  *  www.bls.gov/ces

Media contact:         (202) 691-5902  *  PressOffice@bls.gov

                       THE EMPLOYMENT SITUATION -- APRIL 2013

Total nonfarm payroll employment rose by 165,000 in April, and the unemployment 
rate was little changed at 7.5 percent, the U.S. Bureau of Labor Statistics 
reported today. Employment increased in professional and business services, 
food services and drinking places, retail trade, and health care.

Household Survey Data

The unemployment rate, at 7.5 percent, changed little in April but has 
declined by 0.4 percentage point since January. The number of unemployed 
persons, at 11.7 million, was also little changed over the month; however, 
unemployment has decreased by 673,000 since January. (See table A-1.)

Among the major worker groups, the unemployment rate for adult women
(6.7 percent) declined in April, while the rates for adult men (7.1
percent), teenagers (24.1 percent), whites (6.7 percent), blacks (13.2
percent), and Hispanics (9.0 percent) showed little or no change. The
jobless rate for Asians was 5.1 percent (not seasonally adjusted),
little changed from a year earlier. (See tables A-1, A-2, and A-3.)

In April, the number of long-term unemployed (those jobless for 27
weeks or more) declined by 258,000 to 4.4 million; their share of the
unemployed declined by 2.2 percentage points to 37.4 percent. Over the
past 12 months, the number of long-term unemployed has decreased by
687,000, and their share has declined by 3.1 percentage points. (See
table A-12.)

The civilian labor force participation rate was 63.3 percent in April,
unchanged over the month but down from 63.6 percent in January. The
employment-population ratio, 58.6 percent, was about unchanged over
the month and has shown little movement, on net, over the past year.
(See table A-1.)

In April, the number of persons employed part time for economic
reasons (sometimes referred to as involuntary part-time workers)
increased by 278,000 to 7.9 million, largely offsetting a decrease in
March. These individuals were working part time because their hours
had been cut back or because they were unable to find a full-time job.
(See table A-8.)

In April, 2.3 million persons were marginally attached to the labor
force, essentially unchanged from a year earlier. (The data are not
seasonally adjusted.) These individuals were not in the labor force,
wanted and were available for work, and had looked for a job sometime
in the prior 12 months. They were not counted as unemployed because
they had not searched for work in the 4 weeks preceding the survey.
(See table A-16.)

Among the marginally attached, there were 835,000 discouraged workers
in April, down by 133,000 from a year earlier. (The data are not
seasonally adjusted.) Discouraged workers are persons not currently
looking for work because they believe no jobs are available for them.
The remaining 1.5 million persons marginally attached to the labor
force in April had not searched for work in the 4 weeks preceding the
survey for reasons such as school attendance or family responsibilities. 
(See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 165,000 in April, with
job gains in professional and business services, food services and
drinking places, retail trade, and health care. Over the prior 12
months, employment growth averaged 169,000 per month. (See table B-1.)

Professional and business services added 73,000 jobs in April and has
added 587,000 jobs over the past year. In April, employment rose in
temporary help services (+31,000), professional and technical services
(+23,000), and management of companies (+7,000).

Within leisure and hospitality, employment in food services and
drinking places rose by 38,000 over the month. Job growth in the food
services industry averaged 25,000 per month over the prior 12 months.

Retail trade employment increased by 29,000 in April. The industry
added an average of 21,000 jobs per month over the prior 12 months. In
April, job growth occurred in general merchandise stores (+15,000) and
in health and personal care stores (+5,000).

Health care added 19,000 jobs in April. Within the industry, employment 
rose in ambulatory health care services (+14,000). Over the prior 12 
months, job growth in health care averaged 24,000 per month. In April, 
employment also continued its upward trend in social assistance (+7,000).

Employment changed little over the month in construction, with small
offsetting movements in the residential and nonresidential components.
Construction gained an average of 27,000 jobs per month over the prior 
6 months. Manufacturing employment was unchanged in April.

Employment in other major industries, including mining and logging,
wholesale trade, transportation and warehousing, financial activities,
and government, showed little change over the month.

The average workweek for all employees on private nonfarm payrolls
decreased by 0.2 hour in April to 34.4 hours. Within manufacturing, 
the workweek decreased by 0.1 hour to 40.7 hours, and overtime declined 
by 0.1 hour to 3.3 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls decreased by 0.1
hour to 33.7 hours. (See tables B-2 and B-7.)

In April, average hourly earnings for all employees on private nonfarm
payrolls rose by 4 cents to $23.87. Over the year, average hourly
earnings have risen by 45 cents, or 1.9 percent. In April, average
hourly earnings of private-sector production and nonsupervisory
employees edged up by 2 cents to $20.06. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for February was
revised from +268,000 to +332,000, and the change for March was
revised from +88,000 to +138,000. With these revisions, employment
gains in February and March combined were 114,000 higher than
previously reported.

____________
The Employment Situation for May is scheduled to be released on
Friday, June 7, 2013, at 8:30 a.m. (EDT).

Employment Situation Summary Table A. Household data, seasonally adjusted

[Numbers in thousands]

CategoryApr.
2012Feb.
2013Mar.
2013Apr.
2013Change from:
Mar.
2013-
Apr.
2013Employment status Civilian noninstitutional population242,784244,828244,995245,175180Civilian labor force154,451155,524155,028155,238210Participation rate63.663.563.363.30.0Employed141,934143,492143,286143,579293Employment-population ratio58.558.658.558.60.1Unemployed12,51812,03211,74211,659-83Unemployment rate8.17.77.67.5-0.1Not in labor force88,33289,30489,96789,936-31 Unemployment rates Total, 16 years and over8.17.77.67.5-0.1Adult men (20 years and over)7.57.16.97.10.2Adult women (20 years and over)7.47.07.06.7-0.3Teenagers (16 to 19 years)24.925.124.224.1-0.1White7.46.86.76.70.0Black or African American13.113.813.313.2-0.1Asian (not seasonally adjusted)5.26.15.05.1-Hispanic or Latino ethnicity10.39.69.29.0-0.2 Total, 25 years and over6.86.36.26.1-0.1Less than a high school diploma12.511.211.111.60.5High school graduates, no college7.97.97.67.4-0.2Some college or associate degree7.56.76.46.40.0Bachelor’s degree and higher4.03.83.83.90.1 Reason for unemployment Job losers and persons who completed temporary jobs6,8806,5226,3296,41081Job leavers989956986864-122Reentrants3,3363,3403,1763,151-25New entrants1,3621,2791,3161,280-36 Duration of unemployment Less than 5 weeks2,5672,6672,4642,474105 to 14 weeks2,8412,7822,8382,8481015 to 26 weeks1,9841,6951,7371,96723027 weeks and over5,0404,7974,6114,353-258 Employed persons at work part time Part time for economic reasons7,8967,9887,6387,916278Slack work or business conditions5,2105,1364,9065,129223Could only find part-time work2,3932,5782,5762,527-49Part time for noneconomic reasons18,86818,90818,74518,908163 Persons not in the labor force (not seasonally adjusted) Marginally attached to the labor force2,3632,5882,3262,347-Discouraged workers968885803835– Over-the-month changes are not displayed for not seasonally adjusted data.
NOTE: Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Detail for the seasonally adjusted data shown in this table will not necessarily add to totals because of the independent seasonal adjustment of the various series. Updated population controls are introduced annually with the release of January data.

Employment Situation Summary Table B. Establishment data, seasonally adjusted

ESTABLISHMENT DATA
Summary table B. Establishment data, seasonally adjusted
Category	Apr. 2012	Feb. 2013	Mar. 2013(p)	Apr. 2013(p)
EMPLOYMENT BY SELECTED INDUSTRY (Over-the-month change, in thousands)
Total nonfarm	112	332	138	165
Total private	120	319	154	176
Goods-producing	6	75	15	-9
Mining and logging	0	4	0	-3
Construction	-4	48	13	-6
Manufacturing	10	23	2	0
Durable goods(1)	8	12	7	1
Motor vehicles and parts	1.0	6.4	4.1	2.4
Nondurable goods	2	11	-5	-1
Private service-providing(1)	114	244	139	185
Wholesale trade	13.2	4.7	2.9	4.1
Retail trade	30.4	25.8	-3.9	29.3
Transportation and warehousing	-15.1	-5.3	-6.7	4.2
Information	0	18	2	-9
Financial activities	5	15	5	9
Professional and business services(1)	45	93	64	73
Temporary help services	14.7	27.5	25.5	30.8
Education and health services(1)	22	31	46	28
Health care and social assistance	20.7	37.0	26.5	26.1
Leisure and hospitality	14	63	38	43
Other services	0	-1	-8	4
Government	-8	13	-16	-11

WOMEN AND PRODUCTION AND NONSUPERVISORY EMPLOYEES(2) AS A PERCENT OF ALL EMPLOYEES
Total nonfarm women employees	49.4	49.3	49.3	49.3
Total private women employees	47.8	47.8	47.8	47.9
Total private production and nonsupervisory employees	82.6	82.6	82.6	82.6

HOURS AND EARNINGS ALL EMPLOYEES
Total private
Average weekly hours	34.5	34.5	34.6	34.4
Average hourly earnings	$23.42	$23.82	$23.83	$23.87
Average weekly earnings	$807.99	$821.79	$824.52	$821.13
Index of aggregate weekly hours (2007=100)(3)	96.3	97.9	98.3	97.9
Over-the-month percent change	0.1	0.5	0.4	-0.4
Index of aggregate weekly payrolls (2007=100)(4)	107.6	111.2	111.7	111.5
Over-the-month percent change	0.2	0.7	0.4	-0.2

HOURS AND EARNINGS PRODUCTION AND NONSUPERVISORY EMPLOYEES
Total private
Average weekly hours	33.7	33.8	33.8	33.7
Average hourly earnings	$19.72	$20.03	$20.04	$20.06
Average weekly earnings	$664.56	$677.01	$677.35	$676.02
Index of aggregate weekly hours (2002=100)(3)	103.6	105.6	105.7	105.5
Over-the-month percent change	0.1	0.9	0.1	-0.2
Index of aggregate weekly payrolls (2002=100)(4)	136.4	141.2	141.4	141.3
Over-the-month percent change	0.3	1.1	0.1	-0.1

DIFFUSION INDEX(5) (Over 1-month span)
Total private (266 industries)	58.3	61.7	56.2	53.9
Manufacturing (81 industries)	54.9	56.8	51.9	44.4
Footnotes (1) Includes other industries, not shown separately. (2) Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. (3) The indexes of aggregate weekly hours are calculated by dividing the current month’s estimates of aggregate hours by the corresponding annual average aggregate hours. (4) The indexes of aggregate weekly payrolls are calculated by dividing the current month’s estimates of aggregate weekly payrolls by the corresponding annual average aggregate weekly payrolls. (5) Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with increasing and decreasing employment. (p) Preliminary

Read Full Post | Make a Comment ( None so far )

Double Dip Recession Begins: The Ever Shrinking U.S. Labor Force Declined By 496,000!–Labor Participation Rate Declines .2% to 63.3% New Obama Low and Lowest Since Carter in May 1979! and Only 88,000 Nonfarm payroll Increase in March 2013 — U-7b Unemployment Rate Over 22%! — Videos

Posted on April 5, 2013. Filed under: Banking, Blogroll, Business, College, Communications, Computers, Demographics, Economics, Education, Employment, Federal Government Budget, Fiscal Policy, High School, Macroeconomics, Microeconomics, Monetary Policy, Money, Tax Policy | Tags: BLS, Discourage Workers, Economics, Establishment Survey, Household Survey, Labor Force Statistics, March 2013, Politics, Unemployment Rate |

Former Obama Advisor- Terrible March Jobs Numbers ‘A Punch To The Gut’

Weak US jobs numbers ‘unexpected’

Rush Limbaugh: It’s Official, We Have a Dying Country – April 5, 2013

CNN Reports On “Very Bad” Jobs Report For March

US Economy Adds 88K Jobs, Rate Drops to 7.6 Pct.

US Jobless Claims Hiked During The Easter Holiday Weekend in March 2013

Job Gains Slow as Unemployment Rate Falls

ECONOMIC CRASH WORLDWIDE STARTING

George Soros Predicts Economic Collapse WE WILL HAVE A DOUBLE-DIP

Jim Rogers BBC – Economic Crisis, Europe 2012-2013

Peter Schiff explains how a US depression can cause a global ‘death spiral’

JIM-ROGERS-All-FIAT-CURRENCY-will-be-WORTHLESS-in-2014-Dont-SELL-GOLD-or-SILVER

Jim Rogers sits down with Glenn Beck

EXPERT Peter Schiff Says Economic Collapse Is Coming And Is HERE NOW

FTSE takes a tumble before US jobs data – IG’s morning market headlines 05.04.13

The First Few Days After The Dollar Crashes – Buy “Stuff” Now

Planned Economic Collapse 2013-2014

Latest: Unemployment Numbers

American Economic Collapse, martial law

BLS paper describing undercounting of long-term discouraged umemployed

Unemployment Measures

http://www.bls.gov/opub/mlr/1995/10/art3full.pdf

Will The Unemployment Rate Stall in 2013? (Extra Segment) (EiP)

Will the Unemployment Rate Stall in 2013? (Full Video) (EiP)

Table A-15. Alternative measures of labor underutilization

**HOUSEHOLD DATA Table A-15. Alternative measures of labor underutilization**

[Percent]
Measure	Not seasonally adjusted			Seasonally adjusted
Measure	Mar. 2012	Feb. 2013	Mar. 2013	Mar. 2012	Nov. 2012	Dec. 2012	Jan. 2013	Feb. 2013	Mar. 2013
U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force	4.9	4.3	4.3	4.6	4.3	4.3	4.2	4.2	4.1
U-2 Job losers and persons who completed temporary jobs, as a percent of the civilian labor force	4.8	4.6	4.3	4.5	4.1	4.1	4.3	4.2	4.1
U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate)	8.4	8.1	7.6	8.2	7.8	7.8	7.9	7.7	7.6
U-4 Total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers	8.9	8.6	8.1	8.7	8.3	8.5	8.4	8.3	8.1
U-5 Total unemployed, plus discouraged workers, plus all other persons marginally attached to the labor force, as a percent of the civilian labor force plus all persons marginally attached to the labor force	9.7	9.6	9.0	9.6	9.2	9.4	9.3	9.2	8.9
U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force	14.8	14.9	13.9	14.5	14.4	14.4	14.4	14.3	13.8
NOTE: Persons marginally attached to the labor force are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule. Updated population controls are introduced annually with the release of January data.http://www.bls.gov/news.release/empsit.t15.htm

Employment-population Ratio

16 years and over

Series Id:           LNS12300000
Seasonally Adjusted
Series title:        (Seas) Employment-Population Ratio
Labor force status: Employment-population ratio
Type of data:        Percent or rate

Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	64.6	64.6	64.6	64.7	64.4	64.5	64.2	64.2	64.2	64.2	64.3	64.4
2001	64.4	64.3	64.3	64.0	63.8	63.7	63.7	63.2	63.5	63.2	63.0	62.9
2002	62.7	63.0	62.8	62.7	62.9	62.7	62.7	62.7	63.0	62.7	62.5	62.4
2003	62.5	62.5	62.4	62.4	62.3	62.3	62.1	62.1	62.0	62.1	62.3	62.2
2004	62.3	62.3	62.2	62.3	62.3	62.4	62.5	62.4	62.3	62.3	62.5	62.4
2005	62.4	62.4	62.4	62.7	62.8	62.7	62.8	62.9	62.8	62.8	62.7	62.8
2006	62.9	63.0	63.1	63.0	63.1	63.1	63.0	63.1	63.1	63.3	63.3	63.4
2007	63.3	63.3	63.3	63.0	63.0	63.0	62.9	62.7	62.9	62.7	62.9	62.7
2008	62.9	62.8	62.7	62.7	62.5	62.4	62.2	62.0	61.9	61.7	61.4	61.0
2009	60.6	60.3	59.9	59.8	59.6	59.4	59.3	59.1	58.7	58.5	58.6	58.3
2010	58.5	58.5	58.5	58.7	58.6	58.5	58.5	58.5	58.5	58.3	58.2	58.3
2011	58.3	58.4	58.4	58.4	58.4	58.2	58.2	58.3	58.4	58.4	58.5	58.6
2012	58.5	58.6	58.5	58.5	58.6	58.6	58.5	58.4	58.7	58.7	58.7	58.6
2013	58.6	58.6	58.5

http://www.bls.gov/news.release/pdf/empsit.pdf

Labor Force Statistics from the Current Population Survey

Employment Level

143,286,000 March 2013

146,595,000 Nov. 2007 Peak of Boom

Series Id:           LNS12000000
Seasonally Adjusted
Series title:        (Seas) Employment Level
Labor force status:  Employed
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	136559(1)	136598	136701	137270	136630	136940	136531	136662	136893	137088	137322	137614
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140245(1)	140385	140654	141254	141609	141714	142026	142434	142401	142548	142499	142752
2006	143150(1)	143457	143741	143761	144089	144353	144202	144625	144815	145314	145534	145970
2007	146028(1)	146057	146320	145586	145903	146063	145905	145682	146244	145946	146595	146273
2008	146378(1)	146156	146086	146132	145908	145737	145532	145203	145076	144802	144100	143369
2009	142153(1)	141644	140721	140652	140250	140005	139898	139481	138810	138421	138665	138025
2010	138439(1)	138624	138767	139296	139255	139148	139167	139405	139388	139097	139046	139295
2011	139253(1)	139471	139643	139606	139681	139405	139509	139870	140164	140314	140771	140896
2012	141608(1)	142019	142020	141934	142302	142448	142250	142164	142974	143328	143277	143305
2013	143322(1)	143492	143286
1 : Data affected by changes in population controls.

Civilian Labor Force

155,028,000 March 2013

153,845,000 Nov. 2008

Series Id:           LNS11000000
Seasonally Adjusted
Series title:        (Seas) Civilian Labor Force Level
Labor force status:  Civilian labor force
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	142267(1)	142456	142434	142751	142388	142591	142278	142514	142518	142622	142962	143248
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148029(1)	148364	148391	148926	149261	149238	149432	149779	149954	150001	150065	150030
2006	150214(1)	150641	150813	150881	151069	151354	151377	151716	151662	152041	152406	152732
2007	153144(1)	152983	153051	152435	152670	153041	153054	152749	153414	153183	153835	153918
2008	154063(1)	153653	153908	153769	154303	154313	154469	154641	154570	154876	154639	154655
2009	154232(1)	154526	154142	154479	154742	154710	154505	154300	153815	153804	153887	153120
2010	153455(1)	153702	153960	154577	154110	153623	153709	154078	153966	153681	154140	153649
2011	153244(1)	153269	153358	153478	153552	153369	153325	153707	154074	154010	154096	153945
2012	154356(1)	154825	154707	154451	154998	155149	154995	154647	155056	155576	155319	155511
2013	155654(1)	155524	155028
1 : Data affected by changes in population controls.

Civilian Labor Force Participation Rate

63.3% March 2013

66.0% Nov. 2007

63.3% May 1979

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	67.3	67.3	67.3	67.3	67.1	67.1	66.9	66.9	66.9	66.8	66.9	67.0
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.1	66.1	66.0	66.0	65.9	65.8
2009	65.7	65.8	65.6	65.7	65.7	65.7	65.5	65.4	65.1	65.0	65.0	64.6
2010	64.8	64.9	64.9	65.1	64.9	64.6	64.6	64.7	64.6	64.4	64.6	64.3
2011	64.2	64.2	64.2	64.2	64.2	64.0	64.0	64.1	64.2	64.1	64.1	64.0
2012	63.7	63.9	63.8	63.6	63.8	63.8	63.7	63.5	63.6	63.8	63.6	63.6
2013	63.6	63.5	63.3

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
1948	58.6	58.9	58.5	59.0	58.3	59.2	59.3	58.9	58.9	58.7	58.7	59.1
1949	58.7	59.0	58.9	58.8	59.0	58.6	58.9	59.2	59.1	59.6	59.4	59.2
1950	58.9	58.9	58.8	59.2	59.1	59.4	59.1	59.5	59.2	59.4	59.3	59.2
1951	59.1	59.1	59.8	59.1	59.4	59.0	59.4	59.2	59.1	59.4	59.2	59.6
1952	59.5	59.5	58.9	58.8	59.1	59.1	58.9	58.7	59.2	58.7	59.1	59.2
1953	59.5	59.5	59.6	59.1	58.6	58.9	58.9	58.6	58.5	58.5	58.6	58.3
1954	58.6	59.3	59.1	59.2	58.9	58.5	58.4	58.7	59.2	58.8	58.6	58.1
1955	58.6	58.4	58.5	59.0	58.8	58.8	59.3	59.7	59.7	59.8	59.9	60.2
1956	60.2	59.9	59.8	59.9	60.2	60.1	60.1	60.0	60.0	59.8	59.8	59.8
1957	59.5	59.9	59.8	59.5	59.5	59.8	60.0	59.3	59.6	59.5	59.5	59.6
1958	59.3	59.3	59.3	59.6	59.8	59.5	59.6	59.8	59.7	59.6	59.2	59.2
1959	59.3	59.0	59.3	59.4	59.2	59.2	59.4	59.2	59.3	59.4	59.1	59.5
1960	59.1	59.1	58.5	59.5	59.5	59.7	59.5	59.5	59.7	59.4	59.8	59.7
1961	59.6	59.6	59.7	59.3	59.4	59.7	59.3	59.3	59.0	59.1	59.1	58.8
1962	58.8	59.0	58.9	58.7	58.9	58.8	58.5	59.0	59.0	58.7	58.5	58.4
1963	58.6	58.6	58.6	58.8	58.8	58.5	58.7	58.5	58.7	58.8	58.8	58.5
1964	58.6	58.8	58.7	59.1	59.1	58.7	58.6	58.6	58.7	58.6	58.5	58.6
1965	58.6	58.7	58.7	58.8	59.0	58.8	59.1	58.9	58.7	58.9	58.8	59.0
1966	59.0	58.8	58.8	59.0	59.0	59.1	59.1	59.3	59.3	59.3	59.6	59.5
1967	59.5	59.3	59.1	59.4	59.3	59.6	59.6	59.7	59.7	59.9	59.8	59.9
1968	59.2	59.6	59.6	59.5	59.9	60.0	59.8	59.6	59.5	59.5	59.6	59.7
1969	59.6	60.0	59.9	60.0	59.8	60.1	60.1	60.3	60.3	60.4	60.2	60.2
1970	60.4	60.4	60.6	60.6	60.3	60.2	60.4	60.3	60.2	60.4	60.4	60.4
1971	60.4	60.1	60.0	60.1	60.2	59.8	60.1	60.2	60.1	60.1	60.4	60.4
1972	60.2	60.2	60.5	60.4	60.4	60.4	60.4	60.6	60.4	60.3	60.3	60.5
1973	60.0	60.5	60.8	60.8	60.6	60.9	60.9	60.7	60.8	60.9	61.2	61.2
1974	61.3	61.4	61.3	61.1	61.2	61.2	61.4	61.2	61.4	61.3	61.3	61.2
1975	61.4	61.0	61.2	61.3	61.5	61.2	61.3	61.3	61.2	61.2	61.1	61.1
1976	61.3	61.3	61.3	61.6	61.5	61.5	61.8	61.8	61.6	61.6	61.9	61.8
1977	61.6	61.9	62.0	62.1	62.2	62.4	62.1	62.3	62.3	62.4	62.8	62.7
1978	62.8	62.7	62.8	63.0	63.1	63.3	63.2	63.2	63.3	63.3	63.5	63.6
1979	63.6	63.8	63.8	63.5	63.3	63.5	63.6	63.6	63.8	63.7	63.7	63.9
1980	64.0	64.0	63.7	63.8	63.9	63.7	63.8	63.7	63.6	63.7	63.8	63.6
1981	63.9	63.9	64.1	64.2	64.3	63.7	63.8	63.8	63.5	63.8	63.9	63.6
1982	63.7	63.8	63.8	63.9	64.2	63.9	64.0	64.1	64.1	64.1	64.2	64.1
1983	63.9	63.8	63.7	63.8	63.7	64.3	64.1	64.3	64.3	64.0	64.1	64.1
1984	63.9	64.1	64.1	64.3	64.5	64.6	64.6	64.4	64.4	64.4	64.5	64.6
1985	64.7	64.7	64.9	64.9	64.8	64.6	64.7	64.6	64.9	65.0	64.9	65.0
1986	64.9	65.0	65.1	65.1	65.2	65.4	65.4	65.3	65.4	65.4	65.4	65.3
1987	65.4	65.5	65.5	65.4	65.7	65.5	65.6	65.7	65.5	65.7	65.7	65.7
1988	65.8	65.9	65.7	65.8	65.7	65.8	65.9	66.1	65.9	66.0	66.2	66.1
1989	66.5	66.3	66.3	66.4	66.3	66.5	66.5	66.5	66.4	66.5	66.6	66.5
1990	66.8	66.7	66.7	66.6	66.6	66.4	66.5	66.5	66.4	66.4	66.4	66.4
1991	66.2	66.2	66.3	66.4	66.2	66.2	66.1	66.0	66.2	66.1	66.1	66.0
1992	66.3	66.2	66.4	66.5	66.6	66.7	66.7	66.6	66.5	66.2	66.3	66.3
1993	66.2	66.2	66.2	66.1	66.4	66.5	66.4	66.4	66.2	66.3	66.3	66.4
1994	66.6	66.6	66.5	66.5	66.6	66.4	66.4	66.6	66.6	66.7	66.7	66.7
1995	66.8	66.8	66.7	66.9	66.5	66.5	66.6	66.6	66.6	66.6	66.5	66.4
1996	66.4	66.6	66.6	66.7	66.7	66.7	66.9	66.7	66.9	67.0	67.0	67.0
1997	67.0	66.9	67.1	67.1	67.1	67.1	67.2	67.2	67.1	67.1	67.2	67.2
1998	67.1	67.1	67.1	67.0	67.0	67.0	67.0	67.0	67.2	67.2	67.1	67.2
1999	67.2	67.2	67.0	67.1	67.1	67.1	67.1	67.0	67.0	67.0	67.1	67.1
2000	67.3	67.3	67.3	67.3	67.1	67.1	66.9	66.9	66.9	66.8	66.9	67.0
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.1	66.1	66.0	66.0	65.9	65.8
2009	65.7	65.8	65.6	65.7	65.7	65.7	65.5	65.4	65.1	65.0	65.0	64.6
2010	64.8	64.9	64.9	65.1	64.9	64.6	64.6	64.7	64.6	64.4	64.6	64.3
2011	64.2	64.2	64.2	64.2	64.2	64.0	64.0	64.1	64.2	64.1	64.1	64.0
2012	63.7	63.9	63.8	63.6	63.8	63.8	63.7	63.5	63.6	63.8	63.6	63.6
2013	63.6	63.5	63.3

Unemployment Level

11,742,000 March 2013

7,240,000 Nov. 2007

Series Id:           LNS13000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	5708	5858	5733	5481	5758	5651	5747	5853	5625	5534	5639	5634
2001	6023	6089	6141	6271	6226	6484	6583	7042	7142	7694	8003	8258
2002	8182	8215	8304	8599	8399	8393	8390	8304	8251	8307	8520	8640
2003	8520	8618	8588	8842	8957	9266	9011	8896	8921	8732	8576	8317
2004	8370	8167	8491	8170	8212	8286	8136	7990	7927	8061	7932	7934
2005	7784	7980	7737	7672	7651	7524	7406	7345	7553	7453	7566	7279
2006	7064	7184	7072	7120	6980	7001	7175	7091	6847	6727	6872	6762
2007	7116	6927	6731	6850	6766	6979	7149	7067	7170	7237	7240	7645
2008	7685	7497	7822	7637	8395	8575	8937	9438	9494	10074	10538	11286
2009	12079	12881	13421	13826	14492	14705	14607	14819	15005	15382	15223	15095
2010	15016	15078	15192	15281	14856	14475	14542	14673	14577	14584	15094	14354
2011	13992	13798	13716	13872	13871	13964	13817	13837	13910	13696	13325	13049
2012	12748	12806	12686	12518	12695	12701	12745	12483	12082	12248	12042	12206
2013	12332	12032	11742

U-3 Unemployment Rate

7.6% March 2013

4.7% Nov. 2007

Series Id:           LNS14000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	4.0	4.1	4.0	3.8	4.0	4.0	4.0	4.1	3.9	3.9	3.9	3.9
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.9	5.1	5.0	5.4	5.6	5.8	6.1	6.1	6.5	6.8	7.3
2009	7.8	8.3	8.7	9.0	9.4	9.5	9.5	9.6	9.8	10.0	9.9	9.9
2010	9.8	9.8	9.9	9.9	9.6	9.4	9.5	9.5	9.5	9.5	9.8	9.3
2011	9.1	9.0	8.9	9.0	9.0	9.1	9.0	9.0	9.0	8.9	8.6	8.5
2012	8.3	8.3	8.2	8.1	8.2	8.2	8.2	8.1	7.8	7.9	7.8	7.8
2013	7.9	7.7	7.6

U-6 Total Unemployment Rate

13.8% March 2013

88.4% Nov. 2007

Series Id:           LNS13327709
Seasonally Adjusted
Series title:        (seas) Total unemployed, plus all marginally attached workers plus total employed 
part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers
Labor force status:  Aggregated totals unemployed
Type of data:        Percent or rate
Age:                 16 years and over
Percent/rates:       Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	7.1	7.2	7.1	6.9	7.1	7.0	7.0	7.1	7.0	6.8	7.1	6.9
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5	9.4	9.7	9.5	9.5	9.6	9.6	9.6	9.6	9.7	9.8
2003	10.0	10.2	10.0	10.2	10.1	10.3	10.3	10.1	10.4	10.2	10.0	9.8
2004	9.9	9.7	10.0	9.6	9.6	9.5	9.5	9.4	9.4	9.7	9.4	9.2
2005	9.3	9.3	9.1	8.9	8.9	9.0	8.8	8.9	9.0	8.7	8.7	8.6
2006	8.4	8.4	8.2	8.1	8.2	8.4	8.5	8.4	8.0	8.2	8.1	7.9
2007	8.4	8.2	8.0	8.2	8.2	8.3	8.4	8.4	8.4	8.4	8.4	8.8
2008	9.2	9.0	9.1	9.2	9.7	10.1	10.5	10.8	11.0	11.8	12.6	13.6
2009	14.2	15.1	15.7	15.9	16.4	16.5	16.5	16.7	16.7	17.1	17.1	17.1
2010	16.7	17.0	17.0	17.1	16.6	16.5	16.5	16.5	16.8	16.7	16.9	16.6
2011	16.2	16.0	15.8	16.0	15.8	16.1	16.0	16.1	16.3	16.0	15.5	15.2
2012	15.1	15.0	14.5	14.5	14.8	14.8	14.9	14.7	14.7	14.5	14.4	14.4
2013	14.4	14.3	13.8

Employment Situation Summary

Transmission of material in this release is embargoed USDL-13-0581
until 8:30 a.m. (EDT) Friday, April 5, 2013

Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces

Media contact: (202) 691-5902 * PressOffice@bls.gov

THE EMPLOYMENT SITUATION -- MARCH 2013

Nonfarm payroll employment edged up in March (+88,000), and the unemployment rate was
little changed at 7.6 percent, the U.S. Bureau of Labor Statistics reported today.
Employment grew in professional and business services and in health care but declined
in retail trade.

Household Survey Data

Both the number of unemployed persons, at 11.7 million, and the unemployment rate, at
7.6 percent, were little changed in March. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men (6.9 percent),
adult women (7.0 percent), teenagers (24.2 percent), whites (6.7 percent), blacks
(13.3 percent), and Hispanics (9.2 percent) showed little or no change in March. The
jobless rate for Asians was 5.0 percent (not seasonally adjusted), little changed from
a year earlier. (See tables A-1, A-2, and A-3.)

In March, the number of long-term unemployed (those jobless for 27 weeks or more) was
little changed at 4.6 million. These individuals accounted for 39.6 percent of the
unemployed. (See table A-12.)

The civilian labor force declined by 496,000 over the month, and the labor force
participation rate decreased by 0.2 percentage point to 63.3 percent. The employment-
population ratio, at 58.5 percent, changed little. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred to
as involuntary part-time workers) fell by 350,000 over the month to 7.6 million. These
individuals were working part time because their hours had been cut back or because
they were unable to find a full-time job. (See table A-8.)

In March, 2.3 million persons were marginally attached to the labor force, essentially
unchanged from a year earlier. (The data are not seasonally adjusted.) These individuals
were not in the labor force, wanted and were available for work, and had looked for a job
sometime in the prior 12 months. They were not counted as unemployed because they had not
searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 803,000 discouraged workers in March, little
changed from a year earlier. (These data are not seasonally adjusted.) Discouraged workers
are persons not currently looking for work because they believe no jobs are available for
them. The remaining 1.5 million persons marginally attached to the labor force in March
had not searched for work for reasons such as school attendance or family responsibilities.
(See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment edged up in March (+88,000). Over the prior 12 months,
employment growth had averaged 169,000 per month. In March, employment increased in
professional and business services and in health care, while retail trade employment
declined. (See table B-1.)

Professional and business services added 51,000 jobs in March. Over the past 12 months,
employment in this industry has grown by 533,000. Within professional and business
services, accounting and bookkeeping services added 11,000 jobs over the month, and
employment continued to trend up in temporary help services and in several other
component industries.

Job growth in health care continued in March, with a gain of 23,000, similar to the prior
12-month average. Within health care, employment increased by 15,000 in ambulatory health
care services, such as home health care, and by 8,000 in hospitals.

Construction employment continued to trend up in March (+18,000). Job growth in this
industry picked up this past fall; since September, the industry has added 169,000
jobs. In March, employment continued to expand among specialty trade contractors
(+23,000). Employment in specialty trade contractors has increased by 128,000 since
September, with the gain about equally split between the residential and nonresidential
components.

Within leisure and hospitality, employment in food services and drinking places continued
to trend up in March (+13,000). Over the past year, the industry added 262,000 jobs.

In March, retail trade employment declined by 24,000. The industry had added an average
of 32,000 jobs per month over the prior 6 months. In March, job declines occurred in
clothing and clothing accessories stores (-15,000), building material and garden supply
stores (-10,000), and electronics and appliance stores (-6,000).

Within government, U.S. Postal Service employment fell by 12,000 in March. Employment in
other major industries, including mining, manufacturing, wholesale trade, transportation
and warehousing, information, financial activities, state government, and local government,
showed little change over the month.

The average workweek for all employees on private nonfarm payrolls increased by 0.1
hour to 34.6 hours. The manufacturing workweek decreased by 0.1 hour to 40.8 hours, and
factory overtime rose by 0.1 hour to 3.4 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls was unchanged at 33.8 hours. (See
tables B-2 and B-7.)

In March, average hourly earnings for all employees on private nonfarm payrolls, at $23.82,
changed little (+1 cent). Over the year, average hourly earnings have risen by 42 cents,
or 1.8 percent. Average hourly earnings of private-sector production and nonsupervisory
employees, at $20.03, changed little (-1 cent) in March. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for January was revised from +119,000 to
+148,000, and the change for February was revised from +236,000 to +268,000.

____________
The Employment Situation for April is scheduled to be released on Friday, May 3, 2013, at
8:30 a.m. (EDT).

Employment Situation Summary Table A. Household data, seasonally adjusted

[Numbers in thousands]

CategoryMar.
2012Jan.
2013Feb.
2013Mar.
2013Change from:
Feb.
2013-
Mar.
2013Employment status Civilian noninstitutional population242,604244,663244,828244,995167Civilian labor force154,707155,654155,524155,028-496Participation rate63.863.663.563.3-0.2Employed142,020143,322143,492143,286-206Employment-population ratio58.558.658.658.5-0.1Unemployed12,68612,33212,03211,742-290Unemployment rate8.27.97.77.6-0.1Not in labor force87,89889,00889,30489,967663 Unemployment rates Total, 16 years and over8.27.97.77.6-0.1Adult men (20 years and over)7.77.37.16.9-0.2Adult women (20 years and over)7.47.37.07.00.0Teenagers (16 to 19 years)25.023.425.124.2-0.9White7.37.06.86.7-0.1Black or African American14.013.813.813.3-0.5Asian (not seasonally adjusted)6.26.56.15.0-Hispanic or Latino ethnicity10.39.79.69.2-0.4 Total, 25 years and over6.86.56.36.2-0.1Less than a high school diploma12.612.011.211.1-0.1High school graduates, no college8.08.17.97.6-0.3Some college or associate degree7.57.06.76.4-0.3Bachelor’s degree and higher4.23.73.83.80.0 Reason for unemployment Job losers and persons who completed temporary jobs7,0216,6376,5226,329-193Job leavers1,11198195698630Reentrants3,2643,5153,3403,176-164New entrants1,4211,2871,2791,31637 Duration of unemployment Less than 5 weeks2,5962,7662,6672,464-2035 to 14 weeks2,7843,0282,7822,8385615 to 26 weeks1,8771,8581,6951,7374227 weeks and over5,3024,7084,7974,611-186 Employed persons at work part time Part time for economic reasons7,6647,9737,9887,638-350Slack work or business conditions5,0605,1265,1364,906-230Could only find part-time work2,3602,6302,5782,576-2Part time for noneconomic reasons18,53018,46418,90818,745-163 Persons not in the labor force (not seasonally adjusted) Marginally attached to the labor force2,3522,4432,5882,326-Discouraged workers865804885803– Over-the-month changes are not displayed for not seasonally adjusted data.
NOTE: Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Detail for the seasonally adjusted data shown in this table will not necessarily add to totals because of the independent seasonal adjustment of the various series. Updated population controls are introduced annually with the release of January data.

Employment Situation Summary Table B. Establishment data, seasonally adjusted

ESTABLISHMENT DATA
Summary table B. Establishment data, seasonally adjusted
Category	Mar. 2012	Jan. 2013	Feb. 2013(p)	Mar. 2013(p)
EMPLOYMENT BY SELECTED INDUSTRY (Over-the-month change, in thousands)
Total nonfarm	205	148	268	88
Total private	208	164	254	95
Goods-producing	37	41	73	16
Mining and logging	1	3	5	1
Construction	-4	24	49	18
Manufacturing	40	14	19	-3
Durable goods(1)	26	5	9	4
Motor vehicles and parts	10.7	1.7	1.3	0.8
Nondurable goods	14	9	10	-7
Private service-providing(1)	171	123	181	79
Wholesale trade	5.9	13.7	4.7	-1.0
Retail trade	-5.6	22.4	14.6	-24.1
Transportation and warehousing	3.1	-22.2	-1.7	-2.8
Information	-2	4	19	5
Financial activities	23	7	8	-2
Professional and business services(1)	43	46	80	51
Temporary help services	-7.1	11.6	23.4	20.3
Education and health services(1)	46	15	31	44
Health care and social assistance	28.7	16.5	36.9	27.9
Leisure and hospitality	52	31	26	17
Other services	5	6	-2	-9
Government	-3	-16	14	-7

WOMEN AND PRODUCTION AND NONSUPERVISORY EMPLOYEES(2) AS A PERCENT OF ALL EMPLOYEES
Total nonfarm women employees	49.3	49.4	49.3	49.3
Total private women employees	47.8	47.9	47.8	47.8
Total private production and nonsupervisory employees	82.6	82.6	82.6	82.6

HOURS AND EARNINGS ALL EMPLOYEES
Total private
Average weekly hours	34.5	34.4	34.5	34.6
Average hourly earnings	$23.40	$23.78	$23.81	$23.82
Average weekly earnings	$807.30	$818.03	$821.45	$824.17
Index of aggregate weekly hours (2007=100)(3)	96.2	97.4	97.9	98.2
Over-the-month percent change	-0.1	-0.1	0.5	0.3
Index of aggregate weekly payrolls (2007=100)(4)	107.4	110.4	111.1	111.6
Over-the-month percent change	0.2	0.0	0.6	0.5

HOURS AND EARNINGS PRODUCTION AND NONSUPERVISORY EMPLOYEES
Total private
Average weekly hours	33.7	33.6	33.8	33.8
Average hourly earnings	$19.68	$19.98	$20.04	$20.03
Average weekly earnings	$663.22	$671.33	$677.35	$677.01
Index of aggregate weekly hours (2002=100)(3)	103.5	104.7	105.5	105.6
Over-the-month percent change	-0.1	-0.2	0.8	0.1
Index of aggregate weekly payrolls (2002=100)(4)	136.0	139.7	141.2	141.3
Over-the-month percent change	0.1	0.1	1.1	0.1

DIFFUSION INDEX(5) (Over 1-month span)
Total private (266 industries)	68.8	63.0	59.6	54.3
Manufacturing (81 industries)	74.1	55.6	54.3	46.3
Footnotes (1) Includes other industries, not shown separately. (2) Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. (3) The indexes of aggregate weekly hours are calculated by dividing the current month’s estimates of aggregate hours by the corresponding annual average aggregate hours. (4) The indexes of aggregate weekly payrolls are calculated by dividing the current month’s estimates of aggregate weekly payrolls by the corresponding annual average aggregate weekly payrolls. (5) Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with increasing and decreasing employment. (p) Preliminary

Discouraged Worker

In economics, a discouraged worker is a person of legal employment age who is not actively seeking employment or who does not find employment after long-term unemployment. This is usually because an individual has given up looking or has had no success in finding a job, hence the term “discouraged”.

In other words, even if a person is still looking actively for a job, that person may have fallen out of the core statistics of unemployment rate after long-term unemployment and is therefore by default classified as “discouraged” (since the person does not appear in the core statistics of unemployment rate). In some cases, their belief may derive from a variety of factors including a shortage of jobs in their locality or line of work; discrimination for reasons such as age, race, sex, religion, sexual orientation, and disability; a lack of necessary skills, training, or experience; or, a chronic illness or disability.^[1]

As a general practice, discouraged workers, who are often classified as “marginally attached to the labor force”, “on the margins” of the labor force, or as part of “hidden unemployment”, are not considered to be part of the labor force and are thus not counted in most official unemployment rates, which influences the appearance and interpretation of unemployment statistics. Although some countries offer alternative measures of unemployment rate, the existence of discouraged workers can be inferred from a low employment-to-population ratio.

United States

Discouraged Workers (US, 2004-09)

In the United States, a discouraged worker is defined as a person not in the labor force who wants and is available for a job and who has looked for work sometime in the past 12 months (or since the end of his or her last job if a job was held within the past 12 months), but who is not currently looking because of real or perceived poor employment prospects.^[2]^[3]^[4]

The Bureau of Labor Statistics does not count discouraged workers as unemployed but rather refers to them as only “marginally attached to the labor force”.^[5]^[6]^[7] This means that the officially measured unemployment captures so-called “frictional unemployment” and not much else.^[8] This has led some economists to believe that the actual unemployment rate in the United States is higher than what is officially reported while others suggest that discouraged workers voluntarily choose not to work.^[9] Nonetheless, the U.S. Bureau of Labor Statistics has published the discouraged worker rate in alternative measures of labor underutilization under U-4 since 1994 when the most recent redesign of the CPS was implemented.^[10]^[11]

The United States Department of Labor first began tracking discouraged workers in 1967 and found 500,000 at the time.^[12] Today, In the United States, according to the U.S. Bureau of Labor Statistics as of April 2009, there are 740,000 discouraged workers.^[13]^[14] There is an ongoing debate as to whether discouraged workers should be included in the official unemployment rate.^[12] Over time, it has been shown that a disproportionate number of young people, blacks, Hispanics and men, make up discouraged workers.^[15]^[16] Nonetheless, it is generally believed that the discouraged worker is underestimated because it does not include homeless people or those who have not looked for or held a job during the past twelve months and is often poorly tracked.^[12]^[17]

According to the U.S. Bureau of Labor Statistics, the top five reasons for discouragement are the following:^[18]

The worker thinks no work is available.
The worker could not find work.
The worker lacks schooling or training.
The worker is viewed as too young or too old by the prospective employer.
The worker is the target of various types of discrimination. …

References

^ ^a ^b ^c Akyeampong, Ernest B. “Discouraged workers – where have they gone?” (PDF). Perspectives on Labour and Income. 3 (Canada: Statistics Canada) 4 (Article 5). Catalogue=75- 001E. Retrieved 2009-05-12.
^ O’Sullivan, Arthur; Sheffrin, Steven M. (2003) [January 2002]. Economics: Principles in Action. The Wall Street Journal: Classroom Edition (2nd ed.). Upper Saddle River, New Jersey 07458: Pearson Prentice Hall: Addison Wesley Longman. p. 336. ISBN 0-13-063085-3.
^ “BLS Information”. Glossary. U.S. Bureau of Labor Statistics Division of Information Services. February 28, 2008. Retrieved 2009-05-05.
^ “Glossary”. Congressional Budget Office. Retrieved 2009-05-10. ^{[dead link]}
^ Castillo, Monica D. (July 1998). “Persons outside the labor force who want a job”. Monthly Labor Review. LABSTAT Bureau of Labor Statistics. Retrieved 2009-05-12.
^ Hederman Jr., Rea S. (January 9, 2004). “Tracking the Long-Term Unemployed and Discouraged Workers”. WebMemo #389. The heritage foundation. Retrieved 2009-05-10.
^ Rampell, Catherine (April 30, 2009). “Job Market Pie”. Business: Economicx. The New York Times. Retrieved 2009-05-10.
^ Garrison, Roger (July 12, 2004). “The Sin of Wages?”. Archives. Ludwig von Mises Institute. Retrieved 2009-05-12.
^ Zuckerman, Sam (Sunday, November 17, 2002). “Jobless statistics overlook many Official numbers omit discouraged seekers, part-time workers”. Business. San Francisco Chronicle. Retrieved 2009-05-12.
^ “Alternative measures of labor underutilization”. Economic News Release. U.S. Bureau of Labor Statistics Division of Current Employment Statistics. May 8, 2009. Retrieved 2009-05-12.
^ “The Unemployment Rate and Beyond: Alternative Measures of Labor Underutilization (Issues in Labor Statistics, Summary 08-06, June 2008)”. Issues in labor statistics. U.S. Bureau of Labor Statistics. June 2008. Retrieved 2009-05-12.
^ ^a ^b ^c McCARROLL, THOMAS (Monday, Sep. 09, 1991). “Down And Out: “Discouraged” Workers”. magazine. Time magazine. Retrieved 2009-05-10.
^ “Black Male Unemployment Jumps to 17.2%”. Dollars & Sense. Friday, May 08, 2009. Retrieved 2009-05-10. ^{[dead link]}
^ “Employment Situation Summary”. Economic News Release. U.S. Bureau of Labor Statistics Division of Labor Force Statistics. May 8, 2009. Retrieved 2009-05-10.
^ “Issues in Labor Statistics: Ranks of Discouraged Workers and Others Marginally Attached to the Labor Force Rise During Recession”. Issues in Labor Statistics. U.S. Bureau of Labor Statistics Division of Information Services. May 1, 2009. p. 2. Retrieved 2009-05-10.
^ Ahrens, Frank (May 8, 2009; 3:25 PM ET). “Actual U.S. Unemployment: 15.8%”. Economy Watch. The Washington Post. Retrieved 2009-05-10.
^ PODSADA, JANICE (April 19, 2009). “‘Hidden Unemployment’ Inflates State’s Real Jobless Figures”. Business. The Hartford Courant. Retrieved 2009-05-10.
^ “Ranks of Discouraged Workers and Others Marginally Attached to the Labor Force Rise During Recession”. Issues in Labor Statistics. U.S. Bureau of Labor Statistics. April 2009. Retrieved 2009-05-12.
^ ^a ^b ^c ^d Akyeampong, Ernest B. (Autumn 1989). “Discouraged Workers” (PDF). Perspectives on Labour and Income. 2 (Canada: Statistics Canada) 1. Retrieved 2009-05-12.

Akyeampong, Ernest B. “Persons on the Margins of the Labour Force,” The Labour Force (71-001). Statistics Canada, April 1987.
Akyeampong, Ernest B. “Women Wanting Work But Not Looking Due to Child Care Demands,” The Labour Force. April 1988.
Australian Bureau of Statistics. Persons in the Labour Force, Australia (Including Persons who Wanted Work but who were not Defined as Unemployed) (6219.0). July 1985.
Jackson, George. “Alternative Concepts and Measures of Unemployment,” The Labour Force. February 1987.
Macredie, Ian. “Persons Not in the Labour Force: Job Search Activities and the Desire for Employment, September 1984,” The Labour Force. October 1984.
Organization for Economic Co-operation and Development. OECD Employment Outlook. September 1987. Akyeampong, E.B. “Discouraged workers.” Perspectives on labour and income, Quarterly, Catalogue 75-001E, Autumn 1989. Ottawa: Statistics Canada, pp. 64–69.
“Women wanting work, but not looking due to child care demands.” The labour force, Monthly, Catalogue 71-001, April 1988. Ottawa: Statistics Canada, pp. 123–131.
“Persons on the margins of the labour force.” The labour force, Monthly, Catalogue 71-001, April 1987. Ottawa: Statistics Canada, pp. 85–131.
Frenken, H. “The pension carrot: incentives to early retirement.” Perspectives on labour and income, Quarterly, Catalogue 75-001E, Autumn 1991. Ottawa: Statistics Canada, pp. 18–27.
Jackson, G. “Alternative concepts and measures of unemployment.” The labour force, Monthly, Catalogue 71-001, February 1987. Ottawa: Statistics Canada, pp. 85–120.
Macredie, I. “Persons not in the labour force – job search activities and the desire for employment, September 1984.” The labour force, Monthly, Catalogue 71-001, October 1984. Ottawa: Statistics Canada, pp. 91–104.

External links

Discouraged workers, OECD Stats extract
Incidence of discouraged workers, OECD

United States

Discouraged workers in glossary, U.S. Bureau of Labor Statistics Division of Information Services
Employment Situation Summary, U.S. Bureau of Labor Statistics Division of Information Services
Alternative measures of labor underutilization, U.S. Bureau of Labor Statistics Division of Information Services
Discouraged Worker, Investopedia
Down And Out: “Discouraged” Workers, Time magazine
Actual U.S. Unemployment: 15.8%, The Washington Post
‘Hidden Unemployment’ Inflates State’s Real Jobless Figures, The Hartford Courant
Tracking the Long-Term Unemployed and Discouraged Workers, The Heritage Foundation
Ranks of Discouraged Workers and Others Marginally Attached to the Labor Force Rise During Recession Issues in Labor Statistics, U.S. Bureau of Labor Statistics Division of Information Services
Discouraged Workers, Drexel
Jobless statistics overlook many, San Francisco Chronicle
PROMOTING ECONOMIC OPPORTUNITY AND OWNERSHIP
Labor force characteristics, Labor Force Statistics from the Current Population Survey

Read Full Post | Make a Comment ( None so far )

Unemployment Rate Falls To 7.7% As Labor Participation Rate Falls To 63.5%–Lowest in Three Decades–296,000 of Discouraged Americans Leave Labor Force In February –Videos

Posted on March 8, 2013. Filed under: American History, Banking, Blogroll, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government spending, history, Inflation, Investments, Language, Law, liberty, Life, Links, Macroeconomics, media, Monetary Policy, Money, People, Philosophy, Politics, Psychology, Rants, Raves, Talk Radio, Tax Policy, Unemployment, Video, Wisdom | Tags: BLS, March 2013, Unemployment Rate |

Jobless Rate Hits Four-Year Low: Sequester Lurks

US recovery too slow to create jobs, say analysts

Huge Jobs Numbers, US Unemployment Lowest in 4 Years

Unemployment rate falls to 7.7 percent

America Live | New Concerns Over High Jobless Rate for Young Veterans, 8 MAR 2013

US Adds 236K Jobs, Unemployment Falls to 7.7 Pct

The Jobs Report: Bad News Amid Good

8 March 2013 Breaking News Mass economic protests Portugal & Spain – End Times News Update – 3-8-13

Employment Level

143,492,000

Data extracted on: March 8, 2013 (2:50:17 PM)

Labor Force Statistics from the Current Population Survey

Series Id: LNS12000000 Seasonally Adjusted

Series title: (Seas) Employment Level

Labor force status: Employed Type of data: Number in thousands Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	136559(1)	136598	136701	137270	136630	136940	136531	136662	136893	137088	137322	137614
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140245(1)	140385	140654	141254	141609	141714	142026	142434	142401	142548	142499	142752
2006	143150(1)	143457	143741	143761	144089	144353	144202	144625	144815	145314	145534	145970
2007	146028(1)	146057	146320	145586	145903	146063	145905	145682	146244	145946	146595	146273
2008	146378(1)	146156	146086	146132	145908	145737	145532	145203	145076	144802	144100	143369
2009	142153(1)	141644	140721	140652	140250	140005	139898	139481	138810	138421	138665	138025
2010	138439(1)	138624	138767	139296	139255	139148	139167	139405	139388	139097	139046	139295
2011	139253(1)	139471	139643	139606	139681	139405	139509	139870	140164	140314	140771	140896
2012	141608(1)	142019	142020	141934	142302	142448	142250	142164	142974	143328	143277	143305
2013	143322(1)	143492
1 : Data affected by changes in population controls.

Civilian Labor Force Level

155,524,000

Series Id: LNS11000000
Seasonally Adjusted
Series title: (Seas) Civilian Labor Force Level
Labor force status: Civilian labor force
Type of data: Number in thousands
Age: 16 years and over

ear	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	142267(1)	142456	142434	142751	142388	142591	142278	142514	142518	142622	142962	143248
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148029(1)	148364	148391	148926	149261	149238	149432	149779	149954	150001	150065	150030
2006	150214(1)	150641	150813	150881	151069	151354	151377	151716	151662	152041	152406	152732
2007	153144(1)	152983	153051	152435	152670	153041	153054	152749	153414	153183	153835	153918
2008	154063(1)	153653	153908	153769	154303	154313	154469	154641	154570	154876	154639	154655
2009	154232(1)	154526	154142	154479	154742	154710	154505	154300	153815	153804	153887	153120
2010	153455(1)	153702	153960	154577	154110	153623	153709	154078	153966	153681	154140	153649
2011	153244(1)	153269	153358	153478	153552	153369	153325	153707	154074	154010	154096	153945
2012	154356(1)	154825	154707	154451	154998	155149	154995	154647	155056	155576	155319	155511
2013	155654(1)	155524
1 : Data affected by changes in population controls.

Civilian Labor Force Participation Rate

63.5%

Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	67.3	67.3	67.3	67.3	67.1	67.1	66.9	66.9	66.9	66.8	66.9	67.0
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.1	66.1	66.0	66.0	65.9	65.8
2009	65.7	65.8	65.6	65.7	65.7	65.7	65.5	65.4	65.1	65.0	65.0	64.6
2010	64.8	64.9	64.9	65.1	64.9	64.6	64.6	64.7	64.6	64.4	64.6	64.3
2011	64.2	64.2	64.2	64.2	64.2	64.0	64.0	64.1	64.2	64.1	64.1	64.0
2012	63.7	63.9	63.8	63.6	63.8	63.8	63.7	63.5	63.6	63.8	63.6	63.6
2013	63.6	63.5

Unemployment Level

12,032,000

12,

Series Id: LNS13000000
Seasonally Adjusted
Series title: (Seas) Unemployment Level
Labor force status: Unemployed
Type of data: Number in thousands

Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	5708	5858	5733	5481	5758	5651	5747	5853	5625	5534	5639	5634
2001	6023	6089	6141	6271	6226	6484	6583	7042	7142	7694	8003	8258
2002	8182	8215	8304	8599	8399	8393	8390	8304	8251	8307	8520	8640
2003	8520	8618	8588	8842	8957	9266	9011	8896	8921	8732	8576	8317
2004	8370	8167	8491	8170	8212	8286	8136	7990	7927	8061	7932	7934
2005	7784	7980	7737	7672	7651	7524	7406	7345	7553	7453	7566	7279
2006	7064	7184	7072	7120	6980	7001	7175	7091	6847	6727	6872	6762
2007	7116	6927	6731	6850	6766	6979	7149	7067	7170	7237	7240	7645
2008	7685	7497	7822	7637	8395	8575	8937	9438	9494	10074	10538	11286
2009	12079	12881	13421	13826	14492	14705	14607	14819	15005	15382	15223	15095
2010	15016	15078	15192	15281	14856	14475	14542	14673	14577	14584	15094	14354
2011	13992	13798	13716	13872	13871	13964	13817	13837	13910	13696	13325	13049
2012	12748	12806	12686	12518	12695	12701	12745	12483	12082	12248	12042	12206
2013	12332	12032

Unemployment Rate U-3

7.7%

Series Id: LNS14000000
Seasonally Adjusted
Series title: (Seas) Unemployment Rate
Labor force status: Unemployment rate
Type of data: Percent or rate
Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	4.0	4.1	4.0	3.8	4.0	4.0	4.0	4.1	3.9	3.9	3.9	3.9
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.9	5.1	5.0	5.4	5.6	5.8	6.1	6.1	6.5	6.8	7.3
2009	7.8	8.3	8.7	9.0	9.4	9.5	9.5	9.6	9.8	10.0	9.9	9.9
2010	9.8	9.8	9.9	9.9	9.6	9.4	9.5	9.5	9.5	9.5	9.8	9.3
2011	9.1	9.0	8.9	9.0	9.0	9.1	9.0	9.0	9.0	8.9	8.6	8.5
2012	8.3	8.3	8.2	8.1	8.2	8.2	8.2	8.1	7.8	7.9	7.8	7.8
2013	7.9	7.7

Teenage Unemployment Rate

25.1%

Series Id: LNS14000012
Seasonally Adjusted
Series title: (Seas) Unemployment Rate – 16-19 yrs.
Labor force status: Unemployment rate
Type of data: Percent or rate
Age: 16 to 19 years

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	12.7	13.8	13.3	12.6	12.8	12.3	13.4	14.0	13.0	12.8	13.0	13.2
2001	13.8	13.7	13.8	13.9	13.4	14.2	14.4	15.6	15.2	16.0	15.9	17.0
2002	16.5	16.0	16.6	16.7	16.6	16.7	16.8	17.0	16.3	15.1	17.1	16.9
2003	17.2	17.2	17.8	17.7	17.9	19.0	18.2	16.6	17.6	17.2	15.7	16.2
2004	17.0	16.5	16.8	16.6	17.1	17.0	17.8	16.7	16.6	17.4	16.4	17.6
2005	16.2	17.5	17.1	17.8	17.8	16.3	16.1	16.1	15.5	16.1	17.0	14.9
2006	15.1	15.3	16.1	14.6	14.0	15.8	15.9	16.0	16.3	15.2	14.8	14.6
2007	14.8	14.9	14.9	15.9	15.9	16.3	15.3	15.9	15.9	15.4	16.2	16.8
2008	17.8	16.6	16.1	15.9	19.0	19.2	20.7	18.6	19.1	20.0	20.3	20.5
2009	20.7	22.2	22.2	22.2	23.4	24.7	24.3	25.0	25.9	27.1	26.9	26.6
2010	26.0	25.4	26.2	25.5	26.6	26.0	26.0	25.7	25.8	27.2	24.6	25.1
2011	25.5	24.0	24.4	24.7	24.0	24.7	24.9	25.2	24.4	24.1	23.9	22.9
2012	23.4	23.7	25.0	24.9	24.4	23.7	23.9	24.5	23.7	23.7	23.6	23.5
2013	23.4	25.1

Total Unemployment Rate U-6

14.3

Series Id: LNS13327709 Seasonally Adjusted

Series title: (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers

Labor force status: Aggregated totals unemployed

Type of data: Percent or rate Age: 16 years and over

Percent/rates: Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	7.1	7.2	7.1	6.9	7.1	7.0	7.0	7.1	7.0	6.8	7.1	6.9
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5	9.4	9.7	9.5	9.5	9.6	9.6	9.6	9.6	9.7	9.8
2003	10.0	10.2	10.0	10.2	10.1	10.3	10.3	10.1	10.4	10.2	10.0	9.8
2004	9.9	9.7	10.0	9.6	9.6	9.5	9.5	9.4	9.4	9.7	9.4	9.2
2005	9.3	9.3	9.1	8.9	8.9	9.0	8.8	8.9	9.0	8.7	8.7	8.6
2006	8.4	8.4	8.2	8.1	8.2	8.4	8.5	8.4	8.0	8.2	8.1	7.9
2007	8.4	8.2	8.0	8.2	8.2	8.3	8.4	8.4	8.4	8.4	8.4	8.8
2008	9.2	9.0	9.1	9.2	9.7	10.1	10.5	10.8	11.0	11.8	12.6	13.6
2009	14.2	15.1	15.7	15.9	16.4	16.5	16.5	16.7	16.7	17.1	17.1	17.1
2010	16.7	17.0	17.0	17.1	16.6	16.5	16.5	16.5	16.8	16.7	16.9	16.6
2011	16.2	16.0	15.8	16.0	15.8	16.1	16.0	16.1	16.3	16.0	15.5	15.2
2012	15.1	15.0	14.5	14.5	14.8	14.8	14.9	14.7	14.7	14.5	14.4	14.4
2013	14.4	14.3

mployment Situation Summary

Transmission of material in this release is embargoed USDL-13-0389
until 8:30 a.m. (EST) Friday, March 8, 2013

Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * http://www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * http://www.bls.gov/ces

Media contact: (202) 691-5902 * PressOffice@bls.gov

THE EMPLOYMENT SITUATION — FEBRUARY 2013

Total nonfarm payroll employment increased by 236,000 in February, and the
unemployment rate edged down to 7.7 percent, the U.S. Bureau of Labor
Statistics reported today. Employment increased in professional and business
services, construction, and health care.

Household Survey Data

The unemployment rate edged down to 7.7 percent in February but has shown
little movement, on net, since September 2012. The number of unemployed
persons, at 12.0 million, also edged lower in February. (See table A-1.)

Among the major worker groups, the unemployment rate for whites (6.8 percent)
declined in February while the rates for adult men (7.1 percent), adult women
(7.0 percent), teenagers (25.1 percent), blacks (13.8 percent), and Hispanics
(9.6 percent) showed little or no change. The jobless rate for Asians was 6.1
percent (not seasonally adjusted), little changed from a year earlier. (See
tables A-1, A-2, and A-3.)

In February, the number of long-term unemployed (those jobless for 27 weeks
or more) was about unchanged at 4.8 million. These individuals accounted for
40.2 percent of the unemployed. (See table A-12.)

The employment-population ratio held at 58.6 percent in February. The civilian
labor force participation rate, at 63.5 percent, changed little. (See table A-1.)

The number of persons employed part time for economic reasons, at 8.0 million,
was essentially unchanged in February. These individuals were working part
time because their hours had been cut back or because they were unable to
find a full-time job. (See table A-8.)

In February, 2.6 million persons were marginally attached to the labor force,
the same as a year earlier. (The data are not seasonally adjusted.) These
individuals were not in the labor force, wanted and were available for work,
and had looked for a job sometime in the prior 12 months. They were not
counted as unemployed because they had not searched for work in the 4 weeks
preceding the survey. (See table A-16.)

Among the marginally attached, there were 885,000 discouraged workers in
February, down slightly from a year earlier. (These data are not seasonally
adjusted.) Discouraged workers are persons not currently looking for work
because they believe no jobs are available for them. The remaining 1.7
million persons marginally attached to the labor force in February had not
searched for work in the 4 weeks preceding the survey for reasons such as
school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 236,000 in February, with
job gains in professional and business services, construction, and health
care. In the prior 3 months, employment had risen by an average of 195,000
per month. (See table B-1.)

Professional and business services added 73,000 jobs in February; employment
in the industry had changed little (+16,000) in January. In February,
employment in administrative and support services, which includes employment
services and services to buildings, rose by 44,000. Accounting and
bookkeeping services added 11,000 jobs, and growth continued in computer
systems design and in management and technical consulting services.

In February, employment in construction increased by 48,000. Since September,
construction employment has risen by 151,000. In February, job growth
occurred in specialty trade contractors, with this gain about equally split
between residential (+17,000) and nonresidential specialty trade contractors
(+15,000). Nonresidential building construction also added jobs (+6,000).

The health care industry continued to add jobs in February (+32,000). Within
health care, there was a job gain of 14,000 in ambulatory health care services,
which includes doctors’ offices and outpatient care centers. Employment also
increased over the month in nursing and residential care facilities (+9,000)
and hospitals (+9,000).

Employment in the information industry increased over the month (+20,000),
lifted by a large job gain in the motion picture and sound recording industry.

Employment continued to trend up in retail trade in February (+24,000). Retail
trade has added 252,000 jobs over the past 12 months. Employment also
continued to trend up over the month in food services and drinking places and
in wholesale trade. Employment in other major industries showed little change
over the month.

In February, the average workweek for all employees on private nonfarm payrolls
edged up by 0.1 hour to 34.5 hours. The manufacturing workweek rose by 0.2
hour to 40.9 hours, and factory overtime edged up by 0.1 hour to 3.4 hours.
The average workweek for production and nonsupervisory employees on private
nonfarm payrolls increased by 0.2 hour to 33.8 hours. (See tables B-2 and B-7.)

Average hourly earnings for all employees on private nonfarm payrolls rose
by 4 cents to $23.82. Over the year, average hourly earnings have risen by 2.1
percent. In February, average hourly earnings of private-sector production
and nonsupervisory employees increased by 5 cents to $20.04. (See tables B-3
and B-8.)

The change in total nonfarm payroll employment for December was revised from
+196,000 to +219,000, and the change for January was revised from +157,000 to
+119,000.

____________
The Employment Situation for March is scheduled to be released on Friday,
April 5, 2013, at 8:30 a.m. (EDT).

Employment Situation Summary Table A. Household data, seasonally adjusted

HOUSEHOLD DATA Summary table A. Household data, seasonally adjusted

[Numbers in thousands]
Category	Feb. 2012	Dec. 2012	Jan. 2013	Feb. 2013	Change from: Jan. 2013- Feb. 2013
Employment status
Civilian noninstitutional population	242,435	244,350	244,663	244,828	165
Civilian labor force	154,825	155,511	155,654	155,524	-130
Participation rate	63.9	63.6	63.6	63.5	-0.1
Employed	142,019	143,305	143,322	143,492	170
Employment-population ratio	58.6	58.6	58.6	58.6	0.0
Unemployed	12,806	12,206	12,332	12,032	-300
Unemployment rate	8.3	7.8	7.9	7.7	-0.2
Not in labor force	87,611	88,839	89,008	89,304	296

Unemployment rates
Total, 16 years and over	8.3	7.8	7.9	7.7	-0.2
Adult men (20 years and over)	7.7	7.2	7.3	7.1	-0.2
Adult women (20 years and over)	7.6	7.3	7.3	7.0	-0.3
Teenagers (16 to 19 years)	23.7	23.5	23.4	25.1	1.7
White	7.4	6.9	7.0	6.8	-0.2
Black or African American	14.1	14.0	13.8	13.8	0.0
Asian (not seasonally adjusted)	6.3	6.6	6.5	6.1	-
Hispanic or Latino ethnicity	10.6	9.6	9.7	9.6	-0.1

Total, 25 years and over	6.9	6.5	6.5	6.3	-0.2
Less than a high school diploma	12.9	11.7	12.0	11.2	-0.8
High school graduates, no college	8.3	8.0	8.1	7.9	-0.2
Some college or associate degree	7.3	6.9	7.0	6.7	-0.3
Bachelor’s degree and higher	4.2	3.9	3.7	3.8	0.1

Reason for unemployment
Job losers and persons who completed temporary jobs	7,187	6,408	6,637	6,522	-115
Job leavers	1,035	983	981	956	-25
Reentrants	3,341	3,587	3,515	3,340	-175
New entrants	1,382	1,291	1,287	1,279	-8

Duration of unemployment
Less than 5 weeks	2,563	2,676	2,766	2,667	-99
5 to 14 weeks	2,817	2,838	3,028	2,782	-246
15 to 26 weeks	1,974	1,895	1,858	1,695	-163
27 weeks and over	5,392	4,766	4,708	4,797	89

Employed persons at work part time
Part time for economic reasons	8,127	7,918	7,973	7,988	15
Slack work or business conditions	5,440	4,928	5,126	5,136	10
Could only find part-time work	2,397	2,616	2,630	2,578	-52
Part time for noneconomic reasons	18,868	18,763	18,464	18,908	444

Persons not in the labor force (not seasonally adjusted)
Marginally attached to the labor force	2,608	2,614	2,443	2,588	-
Discouraged workers	1,006	1,068	804	885	-
- Over-the-month changes are not displayed for not seasonally adjusted data. NOTE: Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Detail for the seasonally adjusted data shown in this table will not necessarily add to totals because of the independent seasonal adjustment of the various series. Updated population controls are introduced annually with the release of January data.

Employment Situation Summary Table B. Establishment data, seasonally adjusted

ESTABLISHMENT DATA Summary table B. Establishment data, seasonally adjusted
Category	Feb. 2012	Dec. 2012	Jan. 2013(p)	Feb. 2013(p)
EMPLOYMENT BY SELECTED INDUSTRY (Over-the-month change, in thousands)
Total nonfarm	271	219	119	236
Total private	265	224	140	246
Goods-producing	51	58	41	67
Mining and logging	7	7	4	5
Construction	15	38	25	48
Manufacturing	29	13	12	14
Durable goods(1)	26	11	6	6
Motor vehicles and parts	5.8	1.4	1.4	0.7
Nondurable goods	3	2	6	8
Private service-providing(1)	214	166	99	179
Wholesale trade	11.9	6.5	15.5	5.9
Retail trade	-24.3	6.2	29.0	23.7
Transportation and warehousing	17.9	34.8	-20.4	-1.3
Information	11	-9	1	20
Financial activities	10	9	6	7
Professional and business services(1)	76	35	16	73
Temporary help services	47.3	12.3	-3.0	16.0
Education and health services(1)	69	36	9	24
Health care and social assistance	46.2	42.9	19.3	39.1
Leisure and hospitality	47	40	30	24
Other services	-4	6	11	1
Government	6	-5	-21	-10

WOMEN AND PRODUCTION AND NONSUPERVISORY EMPLOYEES(2) AS A PERCENT OF ALL EMPLOYEES
Total nonfarm women employees	49.4	49.3	49.3	49.3
Total private women employees	47.8	47.9	47.9	47.8
Total private production and nonsupervisory employees	82.6	82.6	82.6	82.6

HOURS AND EARNINGS ALL EMPLOYEES
Total private
Average weekly hours	34.6	34.5	34.4	34.5
Average hourly earnings	$23.33	$23.75	$23.78	$23.82
Average weekly earnings	$807.22	$819.38	$818.03	$821.79
Index of aggregate weekly hours (2007=100)(3)	96.3	97.5	97.3	97.8
Over-the-month percent change	0.5	0.5	-0.2	0.5
Index of aggregate weekly payrolls (2007=100)(4)	107.2	110.4	110.4	111.1
Over-the-month percent change	0.8	0.8	0.0	0.6

HOURS AND EARNINGS PRODUCTION AND NONSUPERVISORY EMPLOYEES
Total private
Average weekly hours	33.8	33.7	33.6	33.8
Average hourly earnings	$19.64	$19.93	$19.99	$20.04
Average weekly earnings	$663.83	$671.64	$671.66	$677.35
Index of aggregate weekly hours (2002=100)(3)	103.6	104.9	104.6	105.5
Over-the-month percent change	0.3	0.2	-0.3	0.9
Index of aggregate weekly payrolls (2002=100)(4)	135.9	139.6	139.7	141.2
Over-the-month percent change	0.4	0.5	0.1	1.1

DIFFUSION INDEX(5) (Over 1-month span)
Total private (266 industries)	62.2	65.2	64.7	63.3
Manufacturing (81 industries)	57.4	58.0	57.4	60.5
Footnotes (1) Includes other industries, not shown separately. (2) Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. (3) The indexes of aggregate weekly hours are calculated by dividing the current month’s estimates of aggregate hours by the corresponding annual average aggregate hours. (4) The indexes of aggregate weekly payrolls are calculated by dividing the current month’s estimates of aggregate weekly payrolls by the corresponding annual average aggregate weekly payrolls. (5) Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with increasing and decreasing employment.

Employment Level

142,974,000

Series Id:           LNS12000000
Seasonally Adjusted
Series title:        (Seas) Employment Level
Labor force status: Employed
Type of data:        Number in thousands
Age:                 16 years and over

Employment Level

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	136559(1)	136598	136701	137270	136630	136940	136531	136662	136893	137088	137322	137614
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140245(1)	140385	140654	141254	141609	141714	142026	142434	142401	142548	142499	142752
2006	143150(1)	143457	143741	143761	144089	144353	144202	144625	144815	145314	145534	145970
2007	146028(1)	146057	146320	145586	145903	146063	145905	145682	146244	145946	146595	146273
2008	146397(1)	146157	146108	146130	145929	145738	145530	145196	145059	144792	144078	143328
2009	142187(1)	141660	140754	140654	140294	140003	139891	139458	138775	138401	138607	137968
2010	138500(1)	138665	138836	139306	139340	139137	139139	139338	139344	139072	138937	139220
2011	139330(1)	139551	139764	139628	139808	139385	139450	139754	140107	140297	140614	140790
2012	141637(1)	142065	142034	141865	142287	142415	142220	142101	142974
1 : Data affected by changes in population controls.

Civilian Labor Force

155,063,000

Series Id:           LNS11000000
Seasonally Adjusted
Series title:        (Seas) Civilian Labor Force Level
Labor force status: Civilian labor force
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	142267(1)	142456	142434	142751	142388	142591	142278	142514	142518	142622	142962	143248
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148029(1)	148364	148391	148926	149261	149238	149432	149779	149954	150001	150065	150030
2006	150214(1)	150641	150813	150881	151069	151354	151377	151716	151662	152041	152406	152732
2007	153144(1)	152983	153051	152435	152670	153041	153054	152749	153414	153183	153835	153918
2008	154075(1)	153648	153925	153761	154325	154316	154480	154646	154559	154875	154622	154626
2009	154236(1)	154521	154143	154450	154800	154730	154538	154319	153786	153822	153833	153091
2010	153454(1)	153704	153964	154528	154216	153653	153748	154073	153918	153709	154041	153613
2011	153250(1)	153302	153392	153420	153700	153409	153358	153674	154004	154057	153937	153887
2012	154395(1)	154871	154707	154365	155007	155163	155013	154645	155063
1 : Data affected by changes in population controls.

Labor Force Participation Rate

63.6%

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

Labor Force Participation Rate

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	67.3	67.3	67.3	67.3	67.1	67.1	66.9	66.9	66.9	66.8	66.9	67.0
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.1	66.1	65.9	66.0	65.8	65.8
2009	65.7	65.8	65.6	65.6	65.7	65.7	65.5	65.4	65.1	65.0	65.0	64.6
2010	64.8	64.9	64.9	65.1	64.9	64.6	64.6	64.7	64.6	64.4	64.5	64.3
2011	64.2	64.2	64.2	64.2	64.2	64.1	64.0	64.1	64.1	64.1	64.0	64.0
2012	63.7	63.9	63.8	63.6	63.8	63.8	63.7	63.5	63.6

Unemployment Level

12,088,000

Series Id:           LNS13000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Level
Labor force status: Unemployed
Type of data:        Number in thousands
Age:                 16 years and over

Unemployment Level

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	5708	5858	5733	5481	5758	5651	5747	5853	5625	5534	5639	5634
2001	6023	6089	6141	6271	6226	6484	6583	7042	7142	7694	8003	8258
2002	8182	8215	8304	8599	8399	8393	8390	8304	8251	8307	8520	8640
2003	8520	8618	8588	8842	8957	9266	9011	8896	8921	8732	8576	8317
2004	8370	8167	8491	8170	8212	8286	8136	7990	7927	8061	7932	7934
2005	7784	7980	7737	7672	7651	7524	7406	7345	7553	7453	7566	7279
2006	7064	7184	7072	7120	6980	7001	7175	7091	6847	6727	6872	6762
2007	7116	6927	6731	6850	6766	6979	7149	7067	7170	7237	7240	7645
2008	7678	7491	7816	7631	8395	8578	8950	9450	9501	10083	10544	11299
2009	12049	12860	13389	13796	14505	14727	14646	14861	15012	15421	15227	15124
2010	14953	15039	15128	15221	14876	14517	14609	14735	14574	14636	15104	14393
2011	13919	13751	13628	13792	13892	14024	13908	13920	13897	13759	13323	13097
2012	12758	12806	12673	12500	12720	12749	12794	12544	12088

Unemployment Rate U-3

7.8%

Series Id:           LNS14000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate
Labor force status: Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	4.0	4.1	4.0	3.8	4.0	4.0	4.0	4.1	3.9	3.9	3.9	3.9
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.9	5.1	5.0	5.4	5.6	5.8	6.1	6.1	6.5	6.8	7.3
2009	7.8	8.3	8.7	8.9	9.4	9.5	9.5	9.6	9.8	10.0	9.9	9.9
2010	9.7	9.8	9.8	9.9	9.6	9.4	9.5	9.6	9.5	9.5	9.8	9.4
2011	9.1	9.0	8.9	9.0	9.0	9.1	9.1	9.1	9.0	8.9	8.7	8.5
2012	8.3	8.3	8.2	8.1	8.2	8.2	8.3	8.1	7.8

Unemployment Rate U-6

14.7%

Series Id:           LNS13327709 

Seasonally Adjusted 
Series title:        (seas) Total unemployed, plus all marginally attached workers 
                      plus total employed part time for economic reasons, as a percent of all civilian labor force
                      plus all marginally attached workers 
Labor force status:  Aggregated totals unemployed 
Type of data:        Percent or rate 
Age:                 16 years and over 
Percent/rates:       Unemployed and mrg attached and pt for econ reas as percent of labor force 
                     plus marg attached

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	7.1	7.2	7.1	6.9	7.1	7.0	7.0	7.1	7.0	6.8	7.1	6.9
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5	9.4	9.7	9.5	9.5	9.6	9.6	9.6	9.6	9.7	9.8
2003	10.0	10.2	10.0	10.2	10.1	10.3	10.3	10.1	10.4	10.2	10.0	9.8
2004	9.9	9.7	10.0	9.6	9.6	9.5	9.5	9.4	9.4	9.7	9.4	9.2
2005	9.3	9.3	9.1	8.9	8.9	9.0	8.8	8.9	9.0	8.7	8.7	8.6
2006	8.4	8.4	8.2	8.1	8.2	8.4	8.5	8.4	8.0	8.2	8.1	7.9
2007	8.4	8.2	8.0	8.2	8.2	8.3	8.4	8.4	8.4	8.4	8.4	8.8
2008	9.2	9.0	9.1	9.2	9.7	10.1	10.5	10.8	11.1	11.8	12.7	13.5
2009	14.2	15.1	15.7	15.8	16.4	16.5	16.5	16.7	16.8	17.2	17.1	17.1
2010	16.7	16.9	16.9	17.0	16.6	16.5	16.5	16.6	16.9	16.8	16.9	16.6
2011	16.1	15.9	15.7	15.9	15.8	16.2	16.1	16.2	16.4	16.0	15.6	15.2
2012	15.1	14.9	14.5	14.5	14.8	14.9	15.0	14.7	14.7

Background Articles and Videos

Employment Situation Summary

Transmission of material in this release is embargoed USDL-12-1981
until 8:30 a.m. (EDT) Friday, October 5, 2012

Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces

Media contact: (202) 691-5902 * PressOffice@bls.gov

THE EMPLOYMENT SITUATION -- SEPTEMBER 2012

The unemployment rate decreased to 7.8 percent in September, and total nonfarm
payroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported
today. Employment increased in health care and in transportation and warehousing
but changed little in most other major industries.

Household Survey Data

The unemployment rate declined by 0.3 percentage point to 7.8 percent in September.
For the first 8 months of the year, the rate held within a narrow range of 8.1
and 8.3 percent. The number of unemployed persons, at 12.1 million, decreased by
456,000 in September. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men (7.3 percent),
adult women (7.0 percent), and whites (7.0 percent) declined over the month.
The unemployment rates for teenagers (23.7 percent), blacks (13.4 percent), and
Hispanics (9.9 percent) were little changed. The jobless rate for Asians, at
4.8 percent (not seasonally adjusted), fell over the year. (See tables A-1, A-2,
and A-3.)

In September, the number of job losers and persons who completed temporary jobs
decreased by 468,000 to 6.5 million. (See table A-11.)

The number of persons unemployed for less than 5 weeks declined by 302,000 over
the month to 2.5 million. The number of long-term unemployed (those jobless for
27 weeks or more) was little changed at 4.8 million and accounted for 40.1
percent of the unemployed. (See table A-12.)

Total employment rose by 873,000 in September, following 3 months of little
change. The employment-population ratio increased by 0.4 percentage point to
58.7 percent, after edging down in the prior 2 months. The overall trend in
the employment-population ratio for this year has been flat. The civilian labor
force rose by 418,000 to 155.1 million in September, while the labor force
participation rate was little changed at 63.6 percent. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes
referred to as involuntary part-time workers) rose from 8.0 million in August
to 8.6 million in September. These individuals were working part time because
their hours had been cut back or because they were unable to find a full-time
job. (See table A-8.)

In September, 2.5 million persons were marginally attached to the labor force,
essentially unchanged from a year earlier. (These data are not seasonally
adjusted.) These individuals were not in the labor force, wanted and were
available for work, and had looked for a job sometime in the prior 12 months.
They were not counted as unemployed because they had not searched for work
in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 802,000 discouraged workers in
September, a decline of 235,000 from a year earlier. (These data are not
seasonally adjusted.) Discouraged workers are persons not currently looking
for work because they believe no jobs are available for them. The remaining
1.7 million persons marginally attached to the labor force in September had
not searched for work in the 4 weeks preceding the survey for reasons such
as school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 114,000 in September. In 2012,
employment growth has averaged 146,000 per month, compared with an average
monthly gain of 153,000 in 2011. In September, employment rose in health care
and in transportation and warehousing. (See table B-1.)

Health care added 44,000 jobs in September. Job gains continued in ambulatory
health care services (+30,000) and hospitals (+8,000). Over the past year,
employment in health care has risen by 295,000.

In September, employment increased by 17,000 in transportation and warehousing.
Within the industry, there were job gains in transit and ground passenger
transportation (+9,000) and in warehousing and storage (+4,000).

Employment in financial activities edged up in September (+13,000), reflecting
modest job growth in credit intermediation (+6,000) and real estate (+7,000).

Manufacturing employment edged down in September (-16,000). On net, manufacturing
employment has been unchanged since April. In September, job losses occurred
in computer and electronic products (-6,000) and in printing and related
activities (-3,000).

Employment in other major industries, including mining and logging, construction,
wholesale trade, retail trade, information, professional and business services,
leisure and hospitality, and government, showed little change over the month.

The average workweek for all employees on private nonfarm payrolls edged up by
0.1 hour to 34.5 hours in September. The manufacturing workweek edged up by
0.1 hour to 40.6 hours, and factory overtime was unchanged at 3.2 hours.
The average workweek for production and nonsupervisory employees on private
nonfarm payrolls was unchanged at 33.7 hours. (See tables B-2 and B-7.)

In September, average hourly earnings for all employees on private nonfarm
payrolls rose by 7 cents to $23.58. Over the past 12 months, average hourly
earnings have risen by 1.8 percent. In September, average hourly earnings of
private-sector production and nonsupervisory employees increased by 5 cents
to $19.81. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for July was revised from
+141,000 to +181,000, and the change for August was revised from +96,000 to
+142,000.

____________
The Employment Situation for October is scheduled to be released on
Friday, November 2, 2012, at 8:30 a.m. (EDT).
http://www.bls.gov/news.release/empsit.nr0.htmEmployment Situation Summary Table A. Household data, seasonally adjusted

[Numbers in thousands]

HOUSEHOLD DATA Summary table A. Household data, seasonally adjusted
Category	Sept. 2011	July 2012	Aug. 2012	Sept. 2012	Change from: Aug. 2012- Sept. 2012
Employment status
Civilian noninstitutional population	240,071	243,354	243,566	243,772	206
Civilian labor force	154,004	155,013	154,645	155,063	418
Participation rate	64.1	63.7	63.5	63.6	0.1
Employed	140,107	142,220	142,101	142,974	873
Employment-population ratio	58.4	58.4	58.3	58.7	0.4
Unemployed	13,897	12,794	12,544	12,088	-456
Unemployment rate	9.0	8.3	8.1	7.8	-0.3
Not in labor force	86,067	88,340	88,921	88,710	-211

Unemployment rates
Total, 16 years and over	9.0	8.3	8.1	7.8	-0.3
Adult men (20 years and over)	8.7	7.7	7.6	7.3	-0.3
Adult women (20 years and over)	8.1	7.5	7.3	7.0	-0.3
Teenagers (16 to 19 years)	24.5	23.8	24.6	23.7	-0.9
White	7.9	7.4	7.2	7.0	-0.2
Black or African American	15.9	14.1	14.1	13.4	-0.7
Asian (not seasonally adjusted)	7.8	6.2	5.9	4.8	-
Hispanic or Latino ethnicity	11.3	10.3	10.2	9.9	-0.3

Total, 25 years and over	7.7	6.9	6.8	6.6	-0.2
Less than a high school diploma	13.9	12.7	12.0	11.3	-0.7
High school graduates, no college	9.6	8.7	8.8	8.7	-0.1
Some college or associate degree	8.4	7.1	6.6	6.5	-0.1
Bachelor’s degree and higher	4.2	4.1	4.1	4.1	0.0

Reason for unemployment
Job losers and persons who completed temporary jobs	8,028	7,123	7,003	6,535	-468
Job leavers	972	878	942	957	15
Reentrants	3,484	3,380	3,318	3,306	-12
New entrants	1,323	1,311	1,277	1,247	-30

Duration of unemployment
Less than 5 weeks	2,743	2,711	2,844	2,542	-302
5 to 14 weeks	2,902	3,092	2,868	2,826	-42
15 to 26 weeks	2,029	1,760	1,845	1,860	15
27 weeks and over	6,197	5,185	5,033	4,844	-189

Employed persons at work part time
Part time for economic reasons	9,270	8,246	8,031	8,613	582
Slack work or business conditions	5,900	5,342	5,217	5,523	306
Could only find part-time work	2,844	2,576	2,507	2,572	65
Part time for noneconomic reasons	18,329	18,866	18,996	18,736	-260

Persons not in the labor force (not seasonally adjusted)
Marginally attached to the labor force	2,511	2,529	2,561	2,517	-
Discouraged workers	1,037	852	844	802	-
- Over-the-month changes are not displayed for not seasonally adjusted data. NOTE: Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Detail for the seasonally adjusted data shown in this table will not necessarily add to totals because of the independent seasonal adjustment of the various series. Updated population controls are introduced annually with the release of January data.

Employment Situation Summary Table B. Establishment data, seasonally adjusted

ESTABLISHMENT DATA Summary table B. Establishment data, seasonally adjusted
Category	Sept. 2011	July 2012	Aug. 2012(p)	Sept. 2012(p)
EMPLOYMENT BY SELECTED INDUSTRY (Over-the-month change, in thousands)
Total nonfarm	202	181	142	114
Total private	216	163	97	104
Goods-producing	33	20	-22	-10
Mining and logging	6	-1	-1	1
Construction	30	3	1	5
Manufacturing	-3	18	-22	-16
Durable goods(1)	4	18	-20	-13
Motor vehicles and parts	2.9	12.8	-6.9	-3.4
Nondurable goods	-7	0	-2	-3
Private service-providing(1)	183	143	119	114
Wholesale trade	-3.0	8.8	7.0	-1.6
Retail trade	14.2	3.2	8.3	9.4
Transportation and warehousing	1.8	14.2	7.7	17.1
Information	34	8	1	-6
Financial activities	-6	1	7	13
Professional and business services(1)	59	41	19	13
Temporary help services	23.7	13.0	0.1	-2.0
Education and health services(1)	58	40	25	49
Health care and social assistance	47.5	27.7	22.2	44.5
Leisure and hospitality	20	24	38	11
Other services	3	9	-2	9
Government	-14	18	45	10

WOMEN AND PRODUCTION AND NONSUPERVISORY EMPLOYEES(2) AS A PERCENT OF ALL EMPLOYEES
Total nonfarm women employees	49.4	49.3	49.3	49.3
Total private women employees	47.9	47.8	47.8	47.8
Total private production and nonsupervisory employees	82.5	82.6	82.6	82.6

HOURS AND EARNINGS ALL EMPLOYEES
Total private
Average weekly hours	34.4	34.4	34.4	34.5
Average hourly earnings	$23.16	$23.52	$23.51	$23.58
Average weekly earnings	$796.70	$809.09	$808.74	$813.51
Index of aggregate weekly hours (2007=100)(3)	94.5	95.9	96.0	96.4
Over-the-month percent change	0.4	-0.2	0.1	0.4
Index of aggregate weekly payrolls (2007=100)(4)	104.4	107.6	107.7	108.4
Over-the-month percent change	0.7	-0.1	0.1	0.6

HOURS AND EARNINGS PRODUCTION AND NONSUPERVISORY EMPLOYEES
Total private
Average weekly hours	33.6	33.7	33.7	33.7
Average hourly earnings	$19.53	$19.77	$19.76	$19.81
Average weekly earnings	$656.21	$666.25	$665.91	$667.60
Index of aggregate weekly hours (2002=100)(3)	101.5	103.5	103.6	103.7
Over-the-month percent change	0.2	0.1	0.1	0.1
Index of aggregate weekly payrolls (2002=100)(4)	132.5	136.7	136.8	137.3
Over-the-month percent change	0.4	0.3	0.1	0.4

DIFFUSION INDEX(5) (Over 1-month span)
Total private (266 industries)	57.9	54.9	51.3	52.8
Manufacturing (81 industries)	53.7	48.8	38.9	39.5
Footnotes (1) Includes other industries, not shown separately. (2) Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. (3) The indexes of aggregate weekly hours are calculated by dividing the current month’s estimates of aggregate hours by the corresponding annual average aggregate hours. (4) The indexes of aggregate weekly payrolls are calculated by dividing the current month’s estimates of aggregate weekly payrolls by the corresponding annual average aggregate weekly payrolls. (5) Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with increasing and decreasing employment. (p) Preliminary
NOTE: Data in this table have been corrected. For more information see http://www.bls.gov/bls/ceswomen_usps_correction.htm.

Read Full Post | Make a Comment ( None so far )

No Change, No Hope, No Second Term: Over 12.8 Million Americans Still Unemployed and Unemployment Rate Over 8% After 42 Months of Obama Administration–Obama Is Not Working!–Total Unemployment Rate 15%–Over 23 Million Americans Seeking Full Time Job!–Videos

Posted on August 3, 2012. Filed under: American History, Banking, Blogroll, Business, College, Communications, Economics, Education, Federal Government, Fiscal Policy, government, government spending, history, Inflation, Law, liberty, Life, Links, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Programming, Psychology, Radio, Rants, Raves, Strategy, Unemployment, Video, Wisdom | Tags: BLS, Department of Labor, Employment Level, Employment Situation Summary, Jobs Report, Labor Participation Rate, Total Unemployment Rate, U-3, U-6, Unemplooyment Level, Unemployed, Unemployment Rate |

The number of Americans employed when Obama became President in January 2009 was 142,187,000.

The number of Americans employed in July 2012 was 142,220,000.

The net increase in number of Americans employed after 42 months of the Obama Presidency is 33,000!

The U.S. economy needs to create between 130,000 and 140,000 jobs per month to just keep up with population growth according to Commissioner Dr. Keith Hall of the Bureau of Labor Statistics.

Vice Chairman Brady Questions BLS Commissioner at JEC Hearing on the Employment Situation

Between 130,000 to 140,000 need to be created each month to keep up with population growth!

At a Joint Economic Committee Hearing on the Employment Situation, Representative Kevin Brady, Vice Chairman, questions Witness Dr. Keith Hall, Commissioner, Bureau of Labor Statistics about the effect of government spending on private sector job growth.

For the 42 months that Obama has been President, a minimum of 130,000 jobs per month times 42 months or 5,460,000 new jobs needed to be created to just keep up with population growth.

Instead only a net increase in the employment level of 33,000 new jobs was created during the last 42 months.

The U.S. economy and employment level peaked in November 2007 when the number of employed Americans was 146,595,000.

From November 2007 to January 2009, the economy lost 4,408,000 jobs (146,595,000 employed in November 2007 minus 142,187,000 employed in January 2009).

To keep up with population growth during this 14 month period the economy needed to produce another 1,820,000 in new jobs ( 14 months times 130,000 new jobs per month) from December 2007 through January 2009.

Barack Obama became President in January 2009.

For the U.S. economy to reach it previous peak employment level of 146,595,000 plus the growth in the labor force from November 2007 through July 2012, the U.S. economy would need to create a total of ( 5,460,000 + 1,820,000 + 4,408,000) or 11,668,000 new jobs for a total employment level of 153,855,000.

The current employment level is 142,220,000 as of the August 3, 2012 Bureau of Labor Statistics Employment Situation Survey.

Barack Obama’s economic policies have produced in 42 months a net increase of only 33,000 in the employment level or new jobs when 11,668,000 new jobs were needed to reach the previous of peak in the employment level under President Bush plus the growth in the labor force.

Obama on jobs report: Still too many people out of work

In the above speech given on August 3, Barack Obama misleads the American people about his failed economic policies in creating jobs.

By January 2013, the total increase in the Federal national debt under President Obama will exceed $5,300 billion over a 48 month period due to government deficit spending greater than $1,297 billion per year for four consecutive years.

This is fiscal insanity.

Obama’s economic policies failed to grow the economy and create jobs.

Obama does not deserve another term as president.

Obama is not working.

More Jobs, Higher Unemployment Rate, July Report Says

July Unemployment Rate Rises to 8.3%- More Jobs Lost (195k) Than Gained (163k)

“It’s Been Four Years”

Trapped in Unemployment

Romney’s promise of 12 million jobs

Will Jobs Numbers Determine Election? Not So Far

Unemployment rate UP to 8.3% – REAL rate UP to 15% with Obama focus on jobs

Jobs Added in July but Unemployment Rate Rises

July Jobs Report: 163,000 jobs added

Rep. Kevin Brady Jobs Numbers Interview with CNBC’s Larry Kudlow 07-06-12

Congressman Kevin Brady Questions Fed Chairman Ben Bernanke 6-7-12

Rep. Kevin Brady Repeal Floor Speech 07-10-2012

We Told You They Are Lying about Unemployment

Unemployment Rate Primer

Lew Rockwell Pins the Tail on Ben Bernanke and the Rest of Washington’s Donkeys!

Lew Rockwell: The Government is A Gang of Thieves at Large!

Employment Level–144.2 Million

Series Id:           LNS12000000
Seasonally Adjusted
Series title:        (Seas) Employment Level
Labor force status: Employed
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140245(1)	140385	140654	141254	141609	141714	142026	142434	142401	142548	142499	142752
2006	143150(1)	143457	143741	143761	144089	144353	144202	144625	144815	145314	145534	145970
2007	146028(1)	146057	146320	145586	145903	146063	145905	145682	146244	145946	146595	146273
2008	146397(1)	146157	146108	146130	145929	145738	145530	145196	145059	144792	144078	143328
2009	142187(1)	141660	140754	140654	140294	140003	139891	139458	138775	138401	138607	137968
2010	138500(1)	138665	138836	139306	139340	139137	139139	139338	139344	139072	138937	139220
2011	139330(1)	139551	139764	139628	139808	139385	139450	139754	140107	140297	140614	140790
2012	141637(1)	142065	142034	141865	142287	142415	142220
1 : Data affected by changes in population controls.

Civilian Labor Force Level–155 Million

Series Id:           LNS11000000
Seasonally Adjusted
Series title:        (Seas) Civilian Labor Force Level
Labor force status: Civilian labor force
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148029(1)	148364	148391	148926	149261	149238	149432	149779	149954	150001	150065	150030
2006	150214(1)	150641	150813	150881	151069	151354	151377	151716	151662	152041	152406	152732
2007	153144(1)	152983	153051	152435	152670	153041	153054	152749	153414	153183	153835	153918
2008	154075(1)	153648	153925	153761	154325	154316	154480	154646	154559	154875	154622	154626
2009	154236(1)	154521	154143	154450	154800	154730	154538	154319	153786	153822	153833	153091
2010	153454(1)	153704	153964	154528	154216	153653	153748	154073	153918	153709	154041	153613
2011	153250(1)	153302	153392	153420	153700	153409	153358	153674	154004	154057	153937	153887
2012	154395(1)	154871	154707	154365	155007	155163	155013
1 : Data affected by changes in population controls.

Labor Force Participation Rate–63.7%

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.1	66.1	65.9	66.0	65.8	65.8
2009	65.7	65.8	65.6	65.6	65.7	65.7	65.5	65.4	65.1	65.0	65.0	64.6
2010	64.8	64.9	64.9	65.1	64.9	64.6	64.6	64.7	64.6	64.4	64.5	64.3
2011	64.2	64.2	64.2	64.2	64.2	64.1	64.0	64.1	64.1	64.1	64.0	64.0
2012	63.7	63.9	63.8	63.6	63.8	63.8	63.7

Unemployment Level–12.8 Million

Series Id:           LNS13000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Level
Labor force status: Unemployed
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	6023	6089	6141	6271	6226	6484	6583	7042	7142	7694	8003	8258
2002	8182	8215	8304	8599	8399	8393	8390	8304	8251	8307	8520	8640
2003	8520	8618	8588	8842	8957	9266	9011	8896	8921	8732	8576	8317
2004	8370	8167	8491	8170	8212	8286	8136	7990	7927	8061	7932	7934
2005	7784	7980	7737	7672	7651	7524	7406	7345	7553	7453	7566	7279
2006	7064	7184	7072	7120	6980	7001	7175	7091	6847	6727	6872	6762
2007	7116	6927	6731	6850	6766	6979	7149	7067	7170	7237	7240	7645
2008	7678	7491	7816	7631	8395	8578	8950	9450	9501	10083	10544	11299
2009	12049	12860	13389	13796	14505	14727	14646	14861	15012	15421	15227	15124
2010	14953	15039	15128	15221	14876	14517	14609	14735	14574	14636	15104	14393
2011	13919	13751	13628	13792	13892	14024	13908	13920	13897	13759	13323	13097
2012	12758	12806	12673	12500	12720	12749	12794

Unemployment Rate U-3–8.3%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.9	5.1	5.0	5.4	5.6	5.8	6.1	6.1	6.5	6.8	7.3
2009	7.8	8.3	8.7	8.9	9.4	9.5	9.5	9.6	9.8	10.0	9.9	9.9
2010	9.7	9.8	9.8	9.9	9.6	9.4	9.5	9.6	9.5	9.5	9.8	9.4
2011	9.1	9.0	8.9	9.0	9.0	9.1	9.1	9.1	9.0	8.9	8.7	8.5
2012	8.3	8.3	8.2	8.1	8.2	8.2	8.3

Total Unemployment Rate U-6–15%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5	9.4	9.7	9.5	9.5	9.6	9.6	9.6	9.6	9.7	9.8
2003	10.0	10.2	10.0	10.2	10.1	10.3	10.3	10.1	10.4	10.2	10.0	9.8
2004	9.9	9.7	10.0	9.6	9.6	9.5	9.5	9.4	9.4	9.7	9.4	9.2
2005	9.3	9.3	9.1	8.9	8.9	9.0	8.8	8.9	9.0	8.7	8.7	8.6
2006	8.4	8.4	8.2	8.1	8.2	8.4	8.5	8.4	8.0	8.2	8.1	7.9
2007	8.4	8.2	8.0	8.2	8.2	8.3	8.4	8.4	8.4	8.4	8.4	8.8
2008	9.2	9.0	9.1	9.2	9.7	10.1	10.5	10.8	11.1	11.8	12.7	13.5
2009	14.2	15.1	15.7	15.8	16.4	16.5	16.5	16.7	16.8	17.2	17.1	17.1
2010	16.7	16.9	16.9	17.0	16.6	16.5	16.5	16.6	16.9	16.8	16.9	16.6
2011	16.1	15.9	15.7	15.9	15.8	16.2	16.1	16.2	16.4	16.0	15.6	15.2
2012	15.1	14.9	14.5	14.5	14.8	14.9	15.0

Comparison of U.S. Recoveries from Recession

1949-2007

Real Gross Domest Product (GDP) Growth Rates

Background Articles and Videos

Did Mitt Romney Call President Obama A Liar?

Romney Aid: Obama’s Ad Is a Lie

Current Population Survey

August 3, 2012

Employment from the BLS household and payroll surveys:

summary of recent trends

http://www.bls.gov/web/empsit/ces_cps_trends.pdf

Employment Situation Summary

Transmission of material in this release is embargoed USDL-12-1531
until 8:30 a.m. (EDT) Friday, August 3, 2012

Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces

Media contact: (202) 691-5902 * PressOffice@bls.gov

THE EMPLOYMENT SITUATION -- JULY 2012

Total nonfarm payroll employment rose by 163,000 in July, and the unemployment rate
was essentially unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported
today. Employment rose in professional and business services, food services and drinking
places, and manufacturing.

Household Survey Data

Both the number of unemployed persons (12.8 million) and the unemployment rate (8.3
percent) were essentially unchanged in July. Both measures have shown little movement
thus far in 2012. (See table A-1.)

Among the major worker groups, the unemployment rate for Hispanics (10.3 percent) edged
down in July, while the rates for adult men (7.7 percent), adult women (7.5 percent),
teenagers (23.8 percent), whites (7.4 percent), and blacks (14.1 percent) showed little
or no change. The jobless rate for Asians was 6.2 percent in July (not seasonally
adjusted), little changed from a year earlier. (See tables A-1, A-2, and A-3.)

In July, the number of long-term unemployed (those jobless for 27 weeks and over) was
little changed at 5.2 million. These individuals accounted for 40.7 percent of the
unemployed. (See table A-12.)

Both the civilian labor force participation rate, at 63.7 percent, and the employment-
population ratio, at 58.4 percent, changed little in July. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred to as
involuntary part-time workers) was essentially unchanged at 8.2 million in July. These
individuals were working part time because their hours had been cut back or because
they were unable to find a full-time job. (See table A-8.)

In July, 2.5 million persons were marginally attached to the labor force, down from 2.8
million a year earlier. (These data are not seasonally adjusted.) These individuals were
not in the labor force, wanted and were available for work, and had looked for a job
sometime in the prior 12 months. They were not counted as unemployed because they had
not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 852,000 discouraged workers in July, a decline
of 267,000 from a year earlier. (These data are not seasonally adjusted.) Discouraged
workers are persons not currently looking for work because they believe no jobs are
available for them. The remaining 1.7 million persons marginally attached to the labor
force in July had not searched for work in the 4 weeks preceding the survey for reasons
such as school attendance or family responsibilities.

Establishment Survey Data

Total nonfarm payroll employment rose by 163,000 in July. Since the beginning of this
year, employment growth has averaged 151,000 per month, about the same as the average
monthly gain of 153,000 in 2011. In July, employment rose in professional and business
services, food services and drinking places, and manufacturing. (See table B-1.)

Employment in professional and business services increased by 49,000 in July. Computer
systems design added 7,000 jobs, and employment in temporary help services continued
to trend up (+14,000).

Within leisure and hospitality, employment in food services and drinking places rose by
29,000 over the month and by 292,000 over the past 12 months.

Manufacturing employment rose in July (+25,000), with nearly all of the increase in durable
goods manufacturing. Within durable goods, the motor vehicles and parts industry had fewer
seasonal layoffs than is typical for July, contributing to a seasonally adjusted employment
increase of 13,000. Employment continued to trend up in fabricated metal products (+5,000).

Employment continued to trend up in health care in July (+12,000), with over-the-month
gains in outpatient care centers (+4,000) and in hospitals (+5,000). Employment also
continued to trend up in wholesale trade.

Utilities employment declined in July (-8,000). The decrease reflects 8,500 utility workers
who were off payrolls due to a labor-management dispute.

Employment in other major industries, including mining and logging, construction, retail
trade, transportation and warehousing, financial activities, and government, showed little
or no change over the month.

The average workweek for all employees on private nonfarm payrolls was unchanged at
34.5 hours in July. Both the manufacturing workweek, at 40.7 hours, and factory overtime,
at 3.2 hours, were unchanged over the month. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls was unchanged at 33.7 hours. (See
tables B-2 and B-7.)

In July, average hourly earnings for all employees on private nonfarm payrolls edged up
by 2 cents to $23.52. Over the year, average hourly earnings rose by 1.7 percent. In July,
average hourly earnings of private-sector production and nonsupervisory employees increased
by 2 cents to $19.77. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for May was revised from +77,000 to +87,000,
and the change for June was revised from +80,000 to +64,000.

_____________
The Employment Situation for August is scheduled to be released on Friday, September 7, 2012,
at 8:30 a.m. (EDT).

Glenn Hubbard: The Romney Plan for Economic Recovery

Tax cuts, spending restraint and repeal of Obama’s regulatory excesses would
mean 12 million new jobs in his first term alone

By Glenn Hubbard

“…We are currently in the most anemic economic recovery in the memory of most Americans. Declining consumer sentiment and business concerns over policy uncertainty weigh on the minds of all of us. We must fix our economy’s growth and jobs machine.

We can do this. The U.S. economy has the talent, ideas, energy and capital for the robust economic growth that has characterized much of America’s experience in our lifetimes. Our standard of living and the nation’s standing as a world power depend on restoring that growth.

But to do so we must have vastly different policies aimed at stopping runaway federal spending and debt, reforming our tax code and entitlement programs, and scaling back costly regulations. Those policies cannot be found in the president’s proposals. They are, however, the core of Gov. Mitt Romney’s plan for economic recovery and renewal.

In response to the recession, the Obama administration chose to emphasize costly, short-term fixes—ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in “green” companies.

As a consequence, uncertainty over policy—particularly over tax and regulatory policy—slowed the recovery and limited job creation. One recent study by Scott Baker and Nicholas Bloom of Stanford University and Steven Davis of the University of Chicago found that this uncertainty reduced GDP by 1.4% in 2011 alone, and that returning to pre-crisis levels of uncertainty would add about 2.3 million jobs in just 18 months.

The Obama administration’s attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead.

Moreover, the Obama administration’s large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation. A recent study by Ernst & Young finds that the administration’s proposal to increase marginal tax rates on the wage, dividend and capital-gain income of upper-income Americans would reduce GDP by 1.3% (or $200 billion per year), kill 710,000 jobs, depress investment by 2.4%, and reduce wages and living standards by 1.8%. And according to the Congressional Budget Office, the large deficits codified in the president’s budget would reduce GDP during 2018-2022 by between 0.5% and 2.2% compared to what would occur under current law.

President Obama has ignored or dismissed proposals that would address our anti-competitive tax code and unsustainable trajectory of federal debt—including his own bipartisan National Commission on Fiscal Responsibility and Reform—and submitted no plan for entitlement reform. In February, Treasury Secretary Tim Geithner famously told congressional Republicans that this administration was putting forth no plan, but “we know we don’t like yours.”

Other needed reforms would emphasize opening global markets for U.S. goods and services—but the president has made no contribution to the global trade agenda, while being dragged to the support of individual trade agreements only recently.

The president’s choices cannot be ascribed to a political tug of war with Republicans in Congress. He and Democratic congressional majorities had two years to tackle any priority they chose. They chose not growth and jobs but regulatory expansion. The Patient Protection and Affordable Care Act raised taxes, unleashed significant new spending, and raised hiring costs for workers. The Dodd-Frank Act missed the mark on housing and “too-big-to-fail” financial institutions but raised financing costs for households and small and mid-size businesses.

These economic errors and policy choices have consequences—record high long-term unemployment and growing ranks of discouraged workers. Sadly, at the present rate of job creation and projected labor-force growth, the nation will never return to full employment.

It doesn’t have to be this way. The Romney economic plan would fundamentally change the direction of policy to increase GDP and job creation now and going forward. The governor’s plan puts growth and recovery first, and it stands on four main pillars:

• Stop runaway federal spending and debt. The governor’s plan would reduce federal spending as a share of GDP to 20%—its pre-crisis average—by 2016. This would dramatically reduce policy uncertainty over the need for future tax increases, thus increasing business and consumer confidence.

• Reform the nation’s tax code to increase growth and job creation. The Romney plan would reduce individual marginal income tax rates across the board by 20%, while keeping current low tax rates on dividends and capital gains. The governor would also reduce the corporate income tax rate—the highest in the world—to 25%. In addition, he would broaden the tax base to ensure that tax reform is revenue-neutral.

• Reform entitlement programs to ensure their viability. The Romney plan would gradually reduce growth in Social Security and Medicare benefits for more affluent seniors and give more choice in Medicare programs and benefits to improve value in health-care spending. It would also block grant the Medicaid program to states to enable experimentation that might better serve recipients.

• Make growth and cost-benefit analysis important features of regulation. The governor’s plan would remove regulatory impediments to energy production and innovation that raise costs to consumers and limit new job creation. He would also work with Congress toward repealing and replacing the costly and burdensome Dodd–Frank legislation and the Patient Protection and Affordable Care Act. The Romney alternatives will emphasize better financial regulation and market-oriented, patient-centered health-care reform.

In contrast to the sclerosis and joblessness of the past three years, the Romney plan offers an economic U-turn in ideas and choices. When bolstered by sound trade, education, energy and monetary policy, the Romney reform program is expected by the governor’s economic advisers to increase GDP growth by between 0.5% and 1% per year over the next decade. It should also speed up the current recovery, enabling the private sector to create 200,000 to 300,000 jobs per month, or about 12 million new jobs in a Romney first term, and millions more after that due to the plan’s long-run growth effects.

But these gains aren’t just about numbers, as important as those numbers are. The Romney approach will restore confidence in America’s economic future and make America once again a place to invest and grow.

Mr. Hubbard, dean of Columbia Business School, was chairman of the Council of Economic Advisers under President George W. Bush. He is an economic adviser to Gov. Romney. …”

http://online.wsj.com/article/SB10000872396390443687504577562842656362660.html

Employment Situation Summary

Transmission of material in this release is embargoed USDL-12-1070
until 8:30 a.m. (EDT) Friday, June 1, 2012

Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces

Media contact: (202) 691-5902 * PressOffice@bls.gov

THE EMPLOYMENT SITUATION -- MAY 2012

Nonfarm payroll employment changed little in May (+69,000), and the unemployment rate
was essentially unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported
today. Employment increased in health care, transportation and warehousing, and wholesale
trade but declined in construction. Employment was little changed in most other major
industries.

Household Survey Data

Both the number of unemployed persons (12.7 million) and the unemployment rate (8.2
percent) changed little in May. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men (7.8 percent) and
Hispanics (11.0 percent) edged up in May, while the rates for adult women (7.4 percent),
teenagers (24.6 percent), whites (7.4 percent), and blacks (13.6 percent) showed little
or no change. The jobless rate for Asians was 5.2 percent in May (not seasonally
adjusted), down from 7.0 percent a year earlier. (See tables A-1, A-2, and A-3.)

The number of long-term unemployed (those jobless for 27 weeks and over) rose from 5.1
to 5.4 million in May. These individuals accounted for 42.8 percent of the unemployed.
(See table A-12.)

The civilian labor force participation rate increased in May by 0.2 percentage point
to 63.8 percent, offsetting a decline of the same amount in April. The employment-
population ratio edged up to 58.6 percent in May. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred to
as involuntary part-time workers) edged up to 8.1 million over the month. These
individuals were working part time because their hours had been cut back or because
they were unable to find a full-time job. (See table A-8.)

In May, 2.4 million persons were marginally attached to the labor force, up from 2.2
million a year earlier. (The data are not seasonally adjusted.) These individuals were
not in the labor force, wanted and were available for work, and had looked for a job
sometime in the prior 12 months. They were not counted as unemployed because they had
not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 830,000 discouraged workers in May, about the
same as a year earlier. (The data are not seasonally adjusted.) Discouraged workers are
persons not currently looking for work because they believe no jobs are available for
them. The remaining 1.6 million persons marginally attached to the labor force in May
had not searched for work in the 4 weeks preceding the survey for reasons such as school
attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment changed little in May (+69,000), following a similar
change in April (+77,000). In comparison, the average monthly gain was 226,000 in the
first quarter of the year. In May, employment rose in health care, transportation and
warehousing, and wholesale trade, while construction lost jobs. (See table B-1.)

Health care employment continued to increase in May (+33,000). Within the industry,
employment in ambulatory health care services, which includes offices of physicians
and outpatient care centers, rose by 23,000 over the month. Over the year, health care
employment has risen by 340,000.

Transportation and warehousing added 36,000 jobs over the month. Employment gains in
transit and ground passenger transportation (+20,000) and in couriers and messengers
(+5,000) followed job losses in those industries in April. Employment in both industries
has shown little net change over the year. In May, truck transportation added 7,000 jobs.

Employment in wholesale trade rose by 16,000 over the month. Since reaching an employment
low in May 2010, this industry has added 184,000 jobs.

Manufacturing employment continued to trend up in May (+12,000) following a similar
change in April (+9,000). Job gains averaged 41,000 per month in the first quarter of
this year. In May, employment rose in fabricated metal products (+6,000) and in primary
metals (+4,000). Since its most recent low in January 2010, manufacturing employment has
increased by 495,000.

Construction employment declined by 28,000 in May, with job losses occurring in specialty
trade contractors (-18,000) and in heavy and civil engineering construction (-11,000).
Since reaching a low in January 2011, employment in construction has shown little change
on net.

Employment in professional and business services was essentially unchanged in May. Since
the most recent low point in September 2009, employment in this industry has grown by
1.4 million. In May, job losses in accounting and bookkeeping services (-14,000) and in
services to buildings and dwellings (-14,000) were offset by small gains elsewhere in
the industry.

Employment in other major industries, including mining and logging, retail trade,
information, financial activities, leisure and hospitality, and government, changed
little in May.

The average workweek for all employees on private nonfarm payrolls edged down by 0.1 hour
to 34.4 hours in May. The manufacturing workweek declined by 0.3 hour to 40.5 hours, and
factory overtime declined by 0.1 hour to 3.2 hours. The average workweek for production
and nonsupervisory employees on private nonfarm payrolls was unchanged at 33.7 hours.
(See tables B-2 and B-7.)

In May, average hourly earnings for all employees on private nonfarm payrolls edged up
by 2 cents to $23.41. Over the past 12 months, average hourly earnings have increased
by 1.7 percent. In May, average hourly earnings of private-sector production and
nonsupervisory employees edged down by 1 cent to $19.70. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for March was revised from +154,000 to +143,000, and the change for April was revised from +115,000 to +77,000.
_____________
The Employment Situation for June is scheduled to be released on Friday, July 6, 2012,
at 8:30 a.m. (EDT).

US Creates 69,000 New Jobs, Unemployment Rate 8.2%

By: Jeff Cox

The American jobs engine hit stall speed in May, with the economy adding just 69,000 new jobs while the unemployment rate climbed to 8.2 percent.

As another summertime swoon looms, the Bureau of Labor Statistics reported that job creation missed economist estimates for 158,000 new positions, and said labor force participation remains near 30-year lows though incrementally better than last month.

The unemployment rate that counts discouraged workers rose as well, swelling to 14.8 percent.

In May, stocks suffered through their worst month in two years, and the job-creation figures only added to the gloom.

Stock market futures indicated a sharply lower open for Wall Street, while investors continued to pour into bonds, sending the 10-year Treasury note yield tumbling to near 1.47 percent.

The bulk of the gains came from the service sector, which added 84,000 jobs, while manufacturing grew 12,000.

Construction took the biggest hit, dropping by 28,000 for the month.

“It’s painfully obvious the economic recovery in the U.S. isn’t just slowing down, it’s pulling up the emergency brake. And, lack of job creation isn’t the only critical concern. Wages/Income is sharply lower,” said Todd Schoenberger, managing principal The BlackBay Group in New York.

http://www.cnbc.com/id/47643788

Background Articles and Videos

The Unemployment Game Show: Are You *Really* Unemployed?

Unemployment and the Unemployment Rate

Types of Unemployment

U.S. job growth trips again, opens door to more Fed moves

Reuters

“…U.S. job growth braked sharply for a third straight month in May and the unemployment rate rose for the first time in nearly a year, raising chances of further monetary stimulus from the Federal Reserve to support the sputtering recovery.

Employers added a paltry 69,000 jobs to their payrolls last month, the least since May of last year, and 49,000 fewer jobs were created in the previous two months than had been thought, the Labor Department said on Friday.

The report is troubling for President Barack Obama, whose prospects of winning re-election in November could hinge on the economy’s health. Republican opponent Mitt Romney called the report “a harsh indictment” of Obama’s policies.

The jobless rate rose to 8.2 percent in May from 8.1 percent in April, although the increase reflected more people entering the labor force to look for work, a possible sign of growing confidence.

The data offered the clearest evidence yet that the deepening debt crisis in Europe and a slowdown in China were starting to dampen an already lackluster U.S. recovery. Concerns over the course of U.S. fiscal policy may also be weighing.

“The U.S. is not an island. What happens abroad matters here,” said Diane Swonk, chief economist at Mesirow Financial in Chicago. “It is difficult for anyone to commit to hire when growth remains subdued, and our fiscal problems both at home and abroad appear to be compounding.”

Data from other major economies was also worrisome. Chinese factory output barely rose in May and manufacturing activity in Britain shrank at its fastest pace in three years. Earlier reports had shown factory activity also declined in Germany and France.

Stocks on Wall Street ended down more than 2 percent, extending May’s rout. The Dow Jones industrial average sank into negative territory for the year.

Investors fearful of a global economic slump rushed into the safety of U.S. government bonds, pushing the yield on the benchmark 10-year Treasury note to a record low below 1.5 percent. The dollar fell against a basket of currencies.

The broadly weak payrolls report raised the odds of the Fed launching a third round of bond purchases or expanding on other efforts to help the flagging recovery. But many economists said it was unlikely the U.S. central bank would pull the trigger at its next policy meeting on June 19 and 20.

Economists had expected payrolls to rise 150,000 and the unemployment rate to hold steady at 8.1 percent. …”

http://finance.yahoo.com/news/job-growth-falters-may-123604088.html

Read Full Post | Make a Comment ( 1 so far )

Over 315,000 Discouraged Unemployed Stopped Looking For Work In November 2011–Only 120,000 New Jobs Created–U-3 Unemployment Rate Drops From 9.0% To 8.6 %–Do Not Believe It–Videos

Posted on December 2, 2011. Filed under: American History, Banking, Blogroll, Communications, Economics, Employment, Fiscal Policy, government, government spending, history, Inflation, Investments, Language, Law, liberty, Life, Links, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Public Sector, Rants, Raves, Regulations, Security, Talk Radio, Taxes, Technology, Unemployment, Video, Wealth, Wisdom | Tags: BLS, Bureau of Labor Statistics, Civilian Labor Force, Department of Labor, Economics, Employment Level, Labor Participation Rate, Total Unemployment Rate, U-3, U-6, Unemployment Rate |

http://www.shadowstats.com/alternate_data/unemployment-charts

http://www.nytimes.com/interactive/2011/09/25/us/unemployment-landscape-of-the-nation.html?ref=unemployment

Mythical Green Shoots and the Big Government Lie on Unemployment

Mike Norman Pwns Peter Schiff Again As US Economy Bounces Back

US Unemployment Rate Drops Sharply or does it? (December 02, 2011)

300,000 Give Up Job Search

Weekly Economic Flashback… Is Economic “Recovery” Gaining Momentum?

Behind The U.S. Jobs Report. A ‘Very Long Struggle’ for Work

Montag Discusses Unemployment Data and Extending Payroll Tax Cuts on News 12 – December 4 2011

The Dylan Ratigan Show – As The Unemployment Rate Falls, Have The Unemployed Given Up? 12-2-2011

NewsNation – Unemployment Rate Drops In November 12-2-2011

Andrea Mitchell Reports – 13.3 Million Americans Remain Unemployed 12-2-2011

Gerald Celente: We’re going into an economic 9/11

Decline in unemployment an Obama political ploy?

December 2nd 2011 CNBC Stock Market Squawk Box (November Jobs Report)

cnn – unemployment rate falls to 8.6 percent

Employment Level

140,580,000

Series Id: LNS12000000 Seasonally Adjusted

Series title: (Seas) Employment Level

Labor force status: Employed

Type of data: Number in thousands

Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140245(1)	140385	140654	141254	141609	141714	142026	142434	142401	142548	142499	142752
2006	143150(1)	143457	143741	143761	144089	144353	144202	144625	144815	145314	145534	145970
2007	146033(1)	146066	146334	145610	145901	146058	145886	145670	146231	145937	146584	146272
2008	146407(1)	146183	146143	146173	145925	145725	145479	145167	145056	144778	144068	143324
2009	142201(1)	141687	140822	140720	140292	139978	139794	139409	138791	138393	138590	137960
2010	138511(1)	138698	138952	139382	139353	139092	138991	139267	139378	139084	138909	139206
2011	139323(1)	139573	139864	139674	139779	139334	139296	139627	140025	140302	140580
1 : Data affected by changes in population controls.

Civilian Labor Force

153,883,000

Series Id: LNS11000000 Seasonally Adjusted

Series title: (Seas) Civilian Labor Force Level

Labor force status: Civilian labor force

Type of data: Number in thousands

Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148029(1)	148364	148391	148926	149261	149238	149432	149779	149954	150001	150065	150030
2006	150214(1)	150641	150813	150881	151069	151354	151377	151716	151662	152041	152406	152732
2007	153133(1)	152966	153054	152446	152666	153038	153035	152756	153422	153209	153845	153936
2008	154060(1)	153624	153924	153779	154322	154315	154432	154656	154613	154953	154621	154669
2009	154185(1)	154424	154100	154453	154805	154754	154457	154362	153940	154022	153795	153172
2010	153353(1)	153558	153895	154520	154237	153684	153628	154117	154124	153960	153950	153690
2011	153186(1)	153246	153406	153421	153693	153421	153228	153594	154017	154198	153883
1 : Data affected by changes in population controls.

Labor Participation Rate

64.0%

Series Id: LNS11300000 Seasonally Adjusted

Series title: (Seas) Labor Force Participation Rate

Labor force status: Civilian labor force participation rate

Type of data: Percent or rate

Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.0	66.1	66.0	66.0	65.8	65.8
2009	65.7	65.7	65.6	65.6	65.7	65.7	65.5	65.4	65.1	65.1	65.0	64.7
2010	64.8	64.8	64.9	65.1	64.9	64.7	64.6	64.7	64.7	64.5	64.5	64.3
2011	64.2	64.2	64.2	64.2	64.2	64.1	63.9	64.0	64.2	64.2	64.0

Unemployment Level

13,303,000

Series Id: LNS13000000 Seasonally Adjusted

Series title: (Seas) Unemployment Level

Labor force status: Unemployed

Type of data: Number in thousands

Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	6023	6089	6141	6271	6226	6484	6583	7042	7142	7694	8003	8258
2002	8182	8215	8304	8599	8399	8393	8390	8304	8251	8307	8520	8640
2003	8520	8618	8588	8842	8957	9266	9011	8896	8921	8732	8576	8317
2004	8370	8167	8491	8170	8212	8286	8136	7990	7927	8061	7932	7934
2005	7784	7980	7737	7672	7651	7524	7406	7345	7553	7453	7566	7279
2006	7064	7184	7072	7120	6980	7001	7175	7091	6847	6727	6872	6762
2007	7100	6900	6721	6836	6766	6980	7149	7085	7191	7272	7261	7664
2008	7653	7441	7781	7606	8398	8590	8953	9489	9557	10176	10552	11344
2009	11984	12737	13278	13734	14512	14776	14663	14953	15149	15628	15206	15212
2010	14842	14860	14943	15138	14884	14593	14637	14849	14746	14876	15041	14485
2011	13863	13673	13542	13747	13914	14087	13931	13967	13992	13897	13303

Unemployment Rate U-3

8.6%

Series Id: LNS14000000 Seasonally Adjusted

Series title: (Seas) Unemployment Rate

Labor force status: Unemployment rate

Type of data: Percent or rate

Age: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.8	5.1	4.9	5.4	5.6	5.8	6.1	6.2	6.6	6.8	7.3
2009	7.8	8.2	8.6	8.9	9.4	9.5	9.5	9.7	9.8	10.1	9.9	9.9
2010	9.7	9.7	9.7	9.8	9.6	9.5	9.5	9.6	9.6	9.7	9.8	9.4
2011	9.0	8.9	8.8	9.0	9.1	9.2	9.1	9.1	9.1	9.0	8.6

Total Unemployment Rate U-6

15.6%

Series Id: LNS13327709 Seasonally Adjusted

Labor force status: Aggregated totals unemployed

Type of data: Percent or rate

Age: 16 years and over

Percent/rates: Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5	9.4	9.7	9.5	9.5	9.6	9.6	9.6	9.6	9.7	9.8
2003	10.0	10.2	10.0	10.2	10.1	10.3	10.3	10.1	10.4	10.2	10.0	9.8
2004	9.9	9.7	10.0	9.6	9.6	9.5	9.5	9.4	9.4	9.7	9.4	9.2
2005	9.3	9.3	9.1	8.9	8.9	9.0	8.8	8.9	9.0	8.7	8.7	8.6
2006	8.4	8.4	8.2	8.1	8.2	8.4	8.5	8.4	8.0	8.2	8.1	7.9
2007	8.4	8.1	8.0	8.2	8.2	8.3	8.4	8.5	8.4	8.4	8.5	8.8
2008	9.1	8.9	9.0	9.2	9.7	10.1	10.5	10.9	11.2	11.9	12.7	13.6
2009	14.1	15.0	15.6	15.8	16.4	16.6	16.5	16.8	17.0	17.4	17.1	17.2
2010	16.5	16.8	16.8	17.0	16.5	16.5	16.5	16.7	17.1	17.0	17.0	16.7
2011	16.1	15.9	15.7	15.9	15.8	16.2	16.1	16.2	16.5	16.2	15.6

Background Articles and Videos

Employment Situation Summary

Transmission of material in this release is embargoed                        USDL-11-1691
until 8:30 a.m. (EST) Friday, December 2, 2011

Technical information:
 Household data:       (202) 691-6378  *  cpsinfo@bls.gov  *  www.bls.gov/cps
 Establishment data:   (202) 691-6555  *  cesinfo@bls.gov  *  www.bls.gov/ces

Media contact:         (202) 691-5902  *  PressOffice@bls.gov

                         THE EMPLOYMENT SITUATION -- NOVEMBER 2011

The unemployment rate fell by 0.4 percentage point to 8.6 percent in November, and
nonfarm payroll employment rose by 120,000, the U.S. Bureau of Labor Statistics
reported today. Employment continued to trend up in retail trade, leisure and
hospitality, professional and business services, and health care. Government
employment continued to trend down.

Household Survey Data 
In November, the unemployment rate declined by 0.4 percentage point to 8.6 percent.
From April through October, the rate held in a narrow range from 9.0 to 9.2 percent.
The number of unemployed persons, at 13.3 million, was down by 594,000 in November.
The labor force, which is the sum of the unemployed and employed, was down by a
little more than half that amount. (See table A-1.)

Among the major worker groups, the unemployment rate for adult men fell by 0.5
percentage point to 8.3 percent in November. The jobless rate for whites (7.6
percent) also declined, while the rates for adult women (7.8 percent), teenagers
(23.7 percent), blacks (15.5 percent), and Hispanics (11.4 percent) showed little
or no change. The jobless rate for Asians was 6.5 percent, not seasonally adjusted.
(See tables A-1, A-2, and A-3.)

In November, the number of job losers and persons who completed temporary jobs
declined by 432,000 to 7.6 million. The number of long-term unemployed (those
jobless for 27 weeks and over) was little changed at 5.7 million and accounted
for 43.0 percent of the unemployed. (See tables A-11 and A-12.)

The civilian labor force participation rate declined by 0.2 percentage point to
64.0 percent. The employment-population ratio, at 58.5 percent, changed little.
(See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred
to as involuntary part-time workers) dropped by 378,000 over the month to 8.5
million. These individuals were working part time because their hours had been
cut back or because they were unable to find a full-time job. (See table A-8.)

In November, 2.6 million persons were marginally attached to the labor force,
about the same as a year earlier. (The data are not seasonally adjusted.) These
individuals were not in the labor force, wanted and were available for work, and
had looked for a job sometime in the prior 12 months. They were not counted as
unemployed because they had not searched for work in the 4 weeks preceding the
survey. (See table A-16.)

Among the marginally attached, there were 1.1 million discouraged workers in
November, a decrease of 186,000 from a year earlier. (The data are not seasonally
adjusted.) Discouraged workers are persons not currently looking for work because
they believe no jobs are available for them. The remaining 1.5 million persons
marginally attached to the labor force in November had not searched for work in
the 4 weeks preceding the survey for reasons such as school attendance or family
responsibilities. (See table A-16.)

Establishment Survey Data 
Total nonfarm payroll employment increased by 120,000 in November, in line with the
average gain for the prior 12 months (+131,000). The private sector added 140,000
jobs, as employment rose in a number of service-providing industries. Government
employment continued to trend down. (See table B-1.)

Employment in retail trade rose by 50,000 in November, with much of the increase
occurring in clothing and clothing accessories stores (+27,000) and in electronics
and appliance stores (+5,000). Since reaching an employment trough in December 2009,
retailers have added an average of 14,000 jobs per month.

Employment in leisure and hospitality continued to trend up in November (+22,000).
Within the industry, food services and drinking places added 33,000 jobs. This gain
more than offset a loss of 12,000 jobs in the accommodation industry. In the last
12 months, leisure and hospitality added 253,000 jobs, largely driven by employment
increases in food services and drinking places.

Employment in professional and business services continued to trend up in November
(+33,000). Modest job gains continued in temporary help services.

Health care employment continued to rise in November (+17,000). Within the industry,
hospitals added 9,000 jobs. Over the past 12 months, health care has added an average
of 27,000 jobs per month.

Manufacturing employment changed little over the month and has remained essentially
unchanged since July. In November, fabricated metal products added 8,000 jobs, while
electronic instruments lost 2,000 jobs.

Construction employment showed little movement in November. Employment in the
industry has shown little change, on net, since early 2010.

Government employment continued to trend down in November, with a decline in the U.S.
Postal Service (-5,000). Employment in both state government and local government has
been trending down since the second half of 2008.

The average workweek for all employees on private nonfarm payrolls was unchanged at
34.3 hours in November. The manufacturing workweek was down by 0.2 hour to 40.3
hours, offsetting a 0.2 hour gain in the previous month. Factory overtime remained
at 3.2 hours in November. The average workweek for production and nonsupervisory
employees on private nonfarm payrolls edged down by 0.1 hour to 33.6 hours. (See
tables B-2 and B-7.)

Average hourly earnings for all employees on private nonfarm payrolls decreased in
November by 2 cents, or 0.1 percent, to $23.18. This decline followed a gain of 7
cents in October. Over the past 12 months, average hourly earnings have increased by
1.8 percent. In November, average hourly earnings of private-sector production and
nonsupervisory employees increased by 2 cents, or 0.1 percent, to $19.54. (See
tables B-3 and B-8.)

The change in total nonfarm payroll employment for September was revised from
+158,000 to +210,000, and the change for October was revised from +80,000 to
+100,000.

_____________
The Employment Situation for December is scheduled to be released on Friday,
January 6, 2012, at 8:30 a.m. (EST).

Economy Creates 120,000 Jobs, Rate Tumbles to 8.6%

By: Jeff Cox

“…The rate fell from the previous month’s 9.0 percent, a move which in part reflected a drop in those looking for jobs. The participation rate dropped to 64 percent, from 64.2 percent in October, representing 315,000 fewer job-seekers.

The actual employment level increased by 278,000. The total amount of those without a job fell to 13.3 million.

The drop in participation rate is significant in that had the labor force remained steady, the jobless rate would have dropped to 8.8 percent, according to Citigroup calculations. If the labor force had followed trend growth, unemployment would be at 8.9 percent.

“Overall, the continued modest employment gains reflect an economy that plods along at an uninspiring pace,” Kathy Bostjancic, director of macroeconomic analysis at The Conference Board, said in a statement. “These modest job gains are still not enough to propel economic growth to a sustainable 2 percent-plus growth path.”

The measure some refer to as the “real” unemployment rate, which counts discouraged workers, also took a fall to 15.6 percent from 16.2 percent, its lowest level since March 2009.

However, economists were treating the rate drops with skepticism.

“When the unemployment rate declines, we want to see both employment and participation increase as discouraged workers return to the labor force. Today, we got the former, but not the latter, making the 0.4 percent drop look a bit suspect,” Neil Dutta, US economist at Bank of America Merrill Lynch, told clients. “We would not be surprised to see the unemployment rate give back some of its decline in the coming month(s).” …”

http://www.cnbc.com/id/45521793

Read Full Post | Make a Comment ( None so far )

Unemployment Rate 9.0 Percent Or Greater For 28 Months and Over 8% For Entire Obama Administration–Only 80,000 New Jobs Created in October, 2011–Never Created 250,000 Permanent Jobs In A Single Month Of Obama Presidency–Videos

Posted on November 4, 2011. Filed under: American History, Blogroll, Business, College, Communications, Demographics, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, history, Immigration, Inflation, Investments, Language, Law, liberty, Life, Links, Macroeconomics, media, People, Philosophy, Politics, Private Sector, Psychology, Public Sector, Rants, Raves, Regulations, Security, Taxes, Technology, Transportation, Unemployment, Unions, Video, War, Wealth, Wisdom | Tags: 28 Months 9% Or Greater, Barack Obama, BLS, Unemployment Level, Unemployment Rate |

Rep. Brady Questions Dr. Hall during JEC Employment Hearing

Mike Ryan of Madison Performance Group Discusses October 2011 Unemployment Rate

Rep. Mulvaney 2nd Round of Questions at JEC Hearing Nov 4, 2011

Unemployment Rate Falls to 9.0% From 9.1%

Fed Cuts Growth Outlook, Ups Jobless View

Reality Check: Ben Bernanke Suffers from Stereo Blindness

Jobs data hint at improvement

November 4th 2011 CNBC Stock Market Squawk Box (October Jobs Report)

Morning Market Update for November 4, 2011

Dr. Burgess at JEC Employment Hearing 11-4-11

Bureau of Labor Statistics, Department of Labor

Labor Force Statistics from the Current Population Survey

November, 2011

Employment Level

140, 320,000

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140245(1)	140385	140654	141254	141609	141714	142026	142434	142401	142548	142499	142752
2006	143150(1)	143457	143741	143761	144089	144353	144202	144625	144815	145314	145534	145970
2007	146033(1)	146066	146334	145610	145901	146058	145886	145670	146231	145937	146584	146272
2008	146407(1)	146183	146143	146173	145925	145725	145479	145167	145056	144778	144068	143324
2009	142201(1)	141687	140822	140720	140292	139978	139794	139409	138791	138393	138590	137960
2010	138511(1)	138698	138952	139382	139353	139092	138991	139267	139378	139084	138909	139206
2011	139323(1)	139573	139864	139674	139779	139334	139296	139627	140025	140302
1 : Data affected by changes in population controls.

Civilian Labor Force Level

154,198,000

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148029(1)	148364	148391	148926	149261	149238	149432	149779	149954	150001	150065	150030
2006	150214(1)	150641	150813	150881	151069	151354	151377	151716	151662	152041	152406	152732
2007	153133(1)	152966	153054	152446	152666	153038	153035	152756	153422	153209	153845	153936
2008	154060(1)	153624	153924	153779	154322	154315	154432	154656	154613	154953	154621	154669
2009	154185(1)	154424	154100	154453	154805	154754	154457	154362	153940	154022	153795	153172
2010	153353(1)	153558	153895	154520	154237	153684	153628	154117	154124	153960	153950	153690
2011	153186(1)	153246	153406	153421	153693	153421	153228	153594	154017	154198
1 : Data affected by changes in population controls.

Labor Force Participation Rate

64.2%

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.0	66.1	66.0	66.0	65.8	65.8
2009	65.7	65.7	65.6	65.6	65.7	65.7	65.5	65.4	65.1	65.1	65.0	64.7
2010	64.8	64.8	64.9	65.1	64.9	64.7	64.6	64.7	64.7	64.5	64.5	64.3
2011	64.2	64.2	64.2	64.2	64.2	64.1	63.9	64.0	64.2	64.2

Unemployment Level

13,897,000

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	6023	6089	6141	6271	6226	6484	6583	7042	7142	7694	8003	8258
2002	8182	8215	8304	8599	8399	8393	8390	8304	8251	8307	8520	8640
2003	8520	8618	8588	8842	8957	9266	9011	8896	8921	8732	8576	8317
2004	8370	8167	8491	8170	8212	8286	8136	7990	7927	8061	7932	7934
2005	7784	7980	7737	7672	7651	7524	7406	7345	7553	7453	7566	7279
2006	7064	7184	7072	7120	6980	7001	7175	7091	6847	6727	6872	6762
2007	7100	6900	6721	6836	6766	6980	7149	7085	7191	7272	7261	7664
2008	7653	7441	7781	7606	8398	8590	8953	9489	9557	10176	10552	11344
2009	11984	12737	13278	13734	14512	14776	14663	14953	15149	15628	15206	15212
2010	14842	14860	14943	15138	14884	14593	14637	14849	14746	14876	15041	14485
2011	13863	13673	13542	13747	13914	14087	13931	13967	13992	13897

Unemployment Rate

U3: 9.0%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.8	5.1	4.9	5.4	5.6	5.8	6.1	6.2	6.6	6.8	7.3
2009	7.8	8.2	8.6	8.9	9.4	9.5	9.5	9.7	9.8	10.1	9.9	9.9
2010	9.7	9.7	9.7	9.8	9.6	9.5	9.5	9.6	9.6	9.7	9.8	9.4
2011	9.0	8.9	8.8	9.0	9.1	9.2	9.1	9.1	9.1	9.0

Total Unemployment Rate

U6: 16.2%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5	9.4	9.7	9.5	9.5	9.6	9.6	9.6	9.6	9.7	9.8
2003	10.0	10.2	10.0	10.2	10.1	10.3	10.3	10.1	10.4	10.2	10.0	9.8
2004	9.9	9.7	10.0	9.6	9.6	9.5	9.5	9.4	9.4	9.7	9.4	9.2
2005	9.3	9.3	9.1	8.9	8.9	9.0	8.8	8.9	9.0	8.7	8.7	8.6
2006	8.4	8.4	8.2	8.1	8.2	8.4	8.5	8.4	8.0	8.2	8.1	7.9
2007	8.4	8.1	8.0	8.2	8.2	8.3	8.4	8.5	8.4	8.4	8.5	8.8
2008	9.1	8.9	9.0	9.2	9.7	10.1	10.5	10.9	11.2	11.9	12.7	13.6
2009	14.1	15.0	15.6	15.8	16.4	16.6	16.5	16.8	17.0	17.4	17.1	17.2
2010	16.5	16.8	16.8	17.0	16.5	16.5	16.5	16.7	17.1	17.0	17.0	16.7
2011	16.1	15.9	15.7	15.9	15.8	16.2	16.1	16.2	16.5	16.2

Background Articles and Videos

Employment Situation Summary

Transmission of material in this release is embargoed until		USDL-11-1576
8:30 a.m. (EDT) Friday, November 4, 2011

Technical information:
 Household data:     (202) 691-6378  *  cpsinfo@bls.gov  *  www.bls.gov/cps
 Establishment data: (202) 691-6555  *  cesinfo@bls.gov  *  www.bls.gov/ces

Media contact:       (202) 691-5902  *  PressOffice@bls.gov

                THE EMPLOYMENT SITUATION -- OCTOBER 2011

Nonfarm payroll employment continued to trend up in October (+80,000),
and the unemployment rate was little changed at 9.0 percent, the U.S.
Bureau of Labor Statistics reported today. Employment in the private
sector rose, with modest job growth continuing in professional and
businesses services, leisure and hospitality, health care, and mining.
Government employment continued to trend down.

Household Survey Data

Both the number of unemployed persons (13.9 million) and the
unemployment rate (9.0 percent) changed little over the month. The
unemployment rate has remained in a narrow range from 9.0 to 9.2
percent since April. (See table A-1.)

Among the major worker groups, the unemployment rate declined for
blacks (15.1 percent) in October, while the rates for adult men (8.8
percent), adult women (8.0 percent), teenagers (24.1 percent), whites
(8.0 percent), and Hispanics (11.4 percent) showed little or no
change. The jobless rate for Asians was 7.3 percent, not seasonally
adjusted. (See tables A-1, A-2, and A-3.)

In October, the number of long-term unemployed (those jobless for 27
weeks and over) declined by 366,000 to 5.9 million, or 42.4 percent of
total unemployment. (See table A-12.)

The civilian labor force participation rate remained at 64.2 percent
in October, and the employment-population ratio was little changed at
58.4 percent. (See table A-1.)

The number of persons employed part time for economic reasons
(sometimes referred to as involuntary part-time workers) decreased by
374,000 to 8.9 million in October. These individuals were working part
time because their hours had been cut back or because they were unable
to find a full-time job. (See table A-8.)

In October, 2.6 million persons were marginally attached to the labor
force, about the same as a year earlier. (The data are not seasonally
adjusted.) These individuals were not in the labor force, wanted and
were available for work, and had looked for a job sometime in the
prior 12 months. They were not counted as unemployed because they had
not searched for work in the 4 weeks preceding the survey. (See table
A-16.)

Among the marginally attached, there were 967,000 discouraged workers
in October, a decrease of 252,000 from a year earlier. (The data are
not seasonally adjusted.) Discouraged workers are persons not
currently looking for work because they believe no jobs are available
for them. The remaining 1.6 million persons marginally attached to the
labor force in October had not searched for work in the 4 weeks
preceding the survey for reasons such as school attendance or family
responsibilities. (See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment continued to trend up in October
(+80,000). Over the past 12 months, payroll employment has increased
by an average of 125,000 per month. In October, private-sector
employment increased by 104,000, with continued job growth in
professional and business services, leisure and hospitality, health
care, and mining. Government employment continued to contract in
October. (See table B-1.)

Employment in professional and business services continued to trend up
in October (+32,000) and has grown by 562,000 over the past 12 months.
Within the industry, there have been modest job gains in recent months
in temporary help services and in management and technical consulting
services.

Employment in leisure and hospitality edged up over the month
(+22,000). Since a recent low point in January 2010, the industry has
added 344,000 jobs.

Health care employment continued to expand in October 2011 (+12,000),
following a gain of 45,000 in September. Offices of physicians added
8,000 jobs in October. Over the past 12 months, health care has added
313,000 jobs.

In October, mining employment continued to increase (+6,000); oil and
gas extraction accounted for half of the increase. Since a recent low
point in October 2009, mining employment has risen by 152,000.

Manufacturing employment changed little in October 2011 (+5,000) and has
remained flat for 3 months. In October, a job gain in transportation
equipment (+10,000) was partly offset by small losses in other
manufacturing industries.

Within retail trade, employment increased in general merchandise
stores (+10,000) and in motor vehicle and parts dealers (+6,000) in
October. Retail trade has added 156,000 jobs over the past 12 months.

Construction employment declined by 20,000 in October, largely
offsetting an increase of 27,000 in September; both over-the-month
changes largely occurred in nonresidential construction. Employment in
both residential and nonresidential construction has shown little net
change in 2011.

Employment in other major private-sector industries, including
wholesale trade, transportation and warehousing, information, and
financial activities, changed little in October.

Government employment continued to trend down over the month (-24,000),
with most of the October decline in the non-educational component of
state government. Employment in both state government and local
government has been trending down since the second half of 2008.

The average workweek for all employees on private nonfarm payrolls was
unchanged at 34.3 hours in October. The manufacturing workweek rose by
0.2 hour to 40.5 hours, and factory overtime remained at 3.2 hours.
The average workweek for production and nonsupervisory employees on
private nonfarm payrolls edged up by 0.1 hour to 33.7 hours in
October. (See tables B-2 and B-7.)

In October, average hourly earnings for all employees on private
nonfarm payrolls increased by 5 cents, or 0.2 percent, to $23.19. This
increase followed a gain of 6 cents in September. Over the past 12
months, average hourly earnings have increased by 1.8 percent. In
October, average hourly earnings of private-sector production and
nonsupervisory employees increased by 3 cents, or 0.2 percent, to
$19.53. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for August was revised
from +57,000 to +104,000, and the change for September was revised
from +103,000 to +158,000.

______________
The Employment Situation for November is scheduled to be released on
Friday, December 2, 2011, at 8:30 a.m. (EST).

Read Full Post | Make a Comment ( None so far )

Union Thug Hoffa Threatens To Take Out The Tea Party At Labor Day Rally–Obama “Proud” of Hoffa–Videos

Posted on September 6, 2011. Filed under: American History, Blogroll, Communications, Economics, Employment, Energy, Federal Government, government, government spending, history, Investments, Language, Law, liberty, Life, Links, People, Philosophy, Politics, Private Sector, Unemployment, Unions, Video, War, Wealth, Wisdom | Tags: American people, Barack Obama, BLS, Card Check, Class Warfare, Democratic Party, James Hoffa Jr., Labor Day Rally, Tea Party, Union Thug |

Obama Rally James Hoffa ‘We Are Your Army. Let’s Take These Sons Of Bitches Out’

President Obama talks tough at jobs rally in Detroit

President Obama’s Labor Day Message: We’ve Got to Fully Restore the Middle Class in America

Obama Says He Is “Proud” Of Hoffa After Union Leader’s Remarks

http://www.realclearpolitics.com/video/2011/09/05/obama_says_he_is_proud_of_hoffa.html

Rush Limbaugh – Don Hoffa Said It, Just How Obama Wrote It Part One

Rush Limbaugh – Don Hoffa Said It, Just How Obama Wrote It Part Two

Hoffa – You can’t deal with the tea party [CNN 9-05-2011]

Barack Obama on the Employee Free Choice Act

The Battle Over Card Check Has Begun

Card Check Forced Unionism Victims in Albion, Indiana Interviewed by Fox News

Former Union Organizing Director discusses Card Check

Rush Limbaugh – Comments On Obama’s Speech

Rush Limbaugh – Obama’s Pep Rally

Charles Krauthammer discusses Jared Loughner on O’Reilly

Sheriff Clarence Dupnik on the day of the shooting of Gabrielle Giffords

Sheriff Dupnik Claims Giffords’ Shooting Fault Of Talk Radio

Sheriff Clarence Dupnik Attacks Rush Limbaugh

Clarence Dupnik, Pima County AZ Sheriff, Blames AZ Political Culture for Shooting

AZ Sheriff Dupnik Liberal smear machine backfires – Tuscon AZ Sheriff’s “vitriolic rhetoric” on Fox

Krauthammer: Rush has a Condescending View of America

Historians Weigh Significance of Obama Tucson Speech

Shields and Brooks on Obama’s Tucson Speech, Calls for Political Civility

President Obama Speech at Tucson, AZ Memorial Service

What ‘New Tone?’ The Lunacy of Audacity & Hypocrisy On Full Display: Obama Vs. His Own Democrats

International Brotherhood of Teamsters General President James P. Hoffa and President Barack H. Obama addressed a Sept. 5 Labor Day rally largely of auto workers and union members in a parking lot of a General Motors plant in Detroit, Michigan.

Hoffa in introducing Obama used incendiary class warfare rhetoric to warm up the crowd:

“We got to keep an eye on the battle that we face: The war on workers. And you see it everywhere, it is the Tea Party. And you know, there is only one way to beat and win that war. The one thing about working people is we like a good fight. And you know what? They’ve got a war, they got a war with us and there’s only going to be one winner. It’s going to be the workers of Michigan, and America. We’re going to win that war.”

Hoffa concluded his remarks with a threat directed at the American people who support the tea party movement:

“President Obama, this is your army. We are ready to march. …”

“… Let’s take these son of bitches out and give America back to an America where we belong.”

Hoffa’s so-called “army” of union members has been shrinking for decades as the American people reject union representation and membership. According to the Bureau of Labor Statistics data from the monthly Current Population Survey (CPS), in 2010 union membership declined by 617,000 to 14.7 million of the labor force. The 14.7 million union workers consist of 7.1 million in the private sector and 7.6 million in the public sector. Only 6.9 percent of workers in the private sector are unionized, while 36 percent in the public sector are unionized. The percentage of wage and salary workers who are members of a union or similar organization has declined by 8.2 percent from 20.1 percent in 1983 to 11.9 percent of the labor force in 2010.

The Tea Party movement wants the Federal government to balance its budget by cutting government spending. This is a direct threat to unions, especially public sector unions, such as the National Education Association (NEA) and Service Employees International Union (SEIU) who advocate for increasing the size and scope of the Federal government.

Increases in government spending lead to more government workers, many of whom become dues paying union members. This in turn leads to more campaign contributions to the Democratic Party. Unions are one of the major supporters of the Democratic Party and Obama in terms of campaign contributions paid from union member dues.

The number one priority of organized labor has been the passage of card check. Card check forces workers to sign a union authorization card in public instead of the current system where workers vote for or against unionization by secret ballot. Under card check a secret ballot election would be bypassed provided the National Labor Relation Board (NLRB) verifies that over 50 percent of the employees have signed the authorization cards. President Obama and the Democratic Party have been unsuccessful in their efforts to pass the Employee Free Choice Act.

Other union leaders joining Hoffa and Obama at the Labor Day rally included American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) President Richard Trumka, United Auto Workers President Bob King, and SEIU President Mary Kay Henry.

When Obama addressed the crowd after Hoffa’s introduction, he said he was “proud” of Hoffa and the other labor union leaders.

On Jan. 8, 2011 there was a mass shooting in Tucson, Arizona where Jared Loughner, a mentality disturbed individual, killed six people including United States District Court for the District of Arizona Chief Judge John Roll and wounded thirteen including Congresswoman Gabrielle Giffords.

Initially there were attempts by Democrats to blame the shootings on talk radio, Rush Limbaugh, the Tea Party, and Sarah Palin. Pima County Sheriff Clarence W. Dupnik, a Democrat, blamed harsh conservative rhetoric on talk radio and in particular Rush Limbaugh. Dupnik remarked after the shootings:

“When you look at unbalanced people, how they respond to the vitriol that comes out of certain mouths about tearing down the government. The anger, the hatred, the bigotry that goes on in this country is getting to be outrageous. And unfortunately, Arizona I think has become sort of the capital. We have become the mecca for prejudice and bigotry.”

The allegations were simply false and had no basis in fact. It turned out there was absolutely no connection found between the shooter, Loughner, and talk radio, Rush Limbaugh, the Tea Party and Sarah Palin. Limbaugh was right, the Sheriff made a complete fool of himself.

The American people and the Tea Party movement remember well Obama’s inspiring Tucson memorial speech for the victims of shootings when he said:

“At a time when our discourse has become so sharply polarized, at a time when we are far too eager to lay the blame for all that ails the world at the feet of those who think differently than we do, it’s important for us to pause for a moment and make sure that we are talking with each other in a way that heals, not a way that wounds.”

Christina-Taylor Green, who was born on September 11, 2011, was one of the Tucson shooting victims. She was also one of the babies in the book, Faces of Hope, a book picturing 50 babies born on Sept. 11, 2001. Referring to Christina, Obama said:

“…Imagine: here was a young girl who was just becoming aware of our democracy; just beginning to understand the obligations of citizenship; just starting to glimpse the fact that someday she too might play a part in shaping her nation’s future. She had been elected to her student council; she saw public service as something exciting, something hopeful. She was off to meet her congresswoman, someone she was sure was good and important and might be a role model. She saw all this through the eyes of a child, undimmed by the cynicism or vitriol that we adults all too often just take for granted.

I want us to live up to her expectations. I want our democracy to be as good as she imagined it. All of us – we should do everything we can to make sure this country lives up to our children’s expectations. …”

Many Americans and Tea Party members bring their children to Tea Party events all across America to exercise their right under the United States Constitution to peaceful assembly and free speech.

It is time for President Obama and union leaders to live up to our children’s expectations and condemn Hoffa’s remarks.

Background Articles and Videos

BLS Report Shows Union Membership in Decline

by Stephen D. Smith on January 24, 2011

“…Union membership in the United States continued to decline in 2010, according to a recently-released reportissued by the Bureau of Labor Statistics (BLS). The data contained in the report was obtained from the Current Population Survey (CPS), which conducts monthly assessments of basic information on the labor force, employment, and unemployment. The annual report on union membership finds that the number of wage and salary workers who belong to a union declined by 612,000 to 14.7 million in 2010 (7.1 million workers in the private sector; 7.6 million in the public sector). An additional 1.6 million workers (783,000 of whom are government employees) held jobs that were covered by a union contract, but reported no union affiliation. Overall, the union membership rate fell to 11.9 percent, down from 12.3 percent the prior year. In contrast, the union membership rate in 1983 – the first year comparable data was available – was 20.1 percent, representing 17.7 million workers. Other notable findings include the following:

A substantially higher percentage of public sector workers, 36.2 percent, were unionized, compared to 6.9 percent for the private sector.
Private sector industries with the highest union participation rates include transportation and utilities (21.8 percent), telecommunications (15.8 percent), and construction (13.1 percent).
Private sector industries with the lowest union participation rates include agriculture and related industries (1.6 percent) and financial activities (2.0 percent).
Broken down by occupational groups, education, training, and library occupations (37.1 percent) and protective service occupations (34.1 percent) had the highest unionization rates; sales and related occupations (3.2 percent) and farming, fishing, and forestry occupations (3.4 percent) had the lowest unionization rates.
New York had the highest union membership rate (24.2 percent), while North Carolina had the lowest rate (3.2 percent). About half of the 14.7 million union members in the U.S. lived in just six states (California, 2.4 million; New York, 2.0 million; Illinois, 0.8 million; Pennsylvania, 0.8 million; Ohio, 0.7 million; and New Jersey, 0.6 million). Overall, union membership rates declined in 2010 in 33 states and the District of Columbia, and rose in 17 states.
With respect to union member demographics, membership rates tended to be greater among men (12.6 percent) than women (11.1 percent). African American workers had the highest participation rate (13.4 percent), with Asian men having the lowest rate (9.4 percent). Union membership was also highest among workers ages 55-64 (15.7 percent).

http://www.laborrelationscounsel.com/union-organizing-corporate-campaigns/bls-report-shows-union-membership-in-decline/

Union Members 2010

http://www.bls.gov/news.release/pdf/union2.pdf

Read Full Post | Make a Comment ( None so far )

Bureau of Labor Statistics Offical Unemployment Rate (U-3) Increased To 9.0% With 13.7 Million Americans Unemployed and Total Unemployment Rate (U-6) Increased To 15.9% With 24.4 Million Americans Seeking Full Time Job–Economy Adds 244,000 Jobs But Initial Unemployment Claims Hit Eight Month High of 474,000!–Videos

Posted on May 6, 2011. Filed under: American History, Blogroll, College, Communications, Demographics, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, history, Language, Law, liberty, Life, Links, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Public Sector, Taxes, Technology, Unions, Video, War, Wealth, Wisdom | Tags: BLS, May 2011, U-3, U-6, U.S. Unemployment Rate |

http://www.shadowstats.com/alternate_data/unemployment-charts

Economy Adds 244k Jobs, Rate Ticks Up to 9 Pct.

US unemployment rate rises to 9% CCTV News

UBS’s Harris Says U.S. Job Data Was `Generally’ Healthy

Rep. Brady questions BLS Commissioner Hall on the jump in the April unemployment rate at JEC hearing

Unemployment Claims

Economy Adds 244,000 Jobs, But Unemployment Increases to 9%

U.S. Payrolls Rose 244,000 in April; Unemployment at 9%

Unemployment Claims Hit Eight Month High

Labor Force Statistics from the Current Population Survey

http://data.bls.gov/pdq/SurveyOutputServlet

Official Unemployment Rate (U-3): From 8.8% in March 2011 to 9.0% in April 2011 (Up .2%)

Series Id:           LNS13000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7

2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0

2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7

2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4

2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9

2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4

2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0

2008 5.0 4.8 5.1 4.9 5.4 5.6 5.8 6.1 6.2 6.6 6.8 7.3

2009 7.8 8.2 8.6 8.9 9.4 9.5 9.5 9.7 9.8 10.1 9.9 9.9

2010 9.7 9.7 9.7 9.8 9.6 9.5 9.5 9.6 9.6 9.7 9.8 9.4

2011 9.0 8.9 8.8 9.0

Total Unemployment Rate (U-6): From 15.7% in March 2011 to 15.9% in April 2011 (Up .2%)

 
 
Series Id:           LNS13327709
Seasonally Adjusted
Series title:        (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers
Labor force status:  Aggregated totals unemployed
Type of data:        Percent or rate
Age:                 16 years and over
Percent/rates:       Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5	9.4	9.7	9.5	9.5	9.6	9.6	9.6	9.6	9.7	9.8
2003	10.0	10.2	10.0	10.2	10.1	10.3	10.3	10.1	10.4	10.2	10.0	9.8
2004	9.9	9.7	10.0	9.6	9.6	9.5	9.5	9.4	9.4	9.7	9.4	9.2
2005	9.3	9.3	9.1	8.9	8.9	9.0	8.8	8.9	9.0	8.7	8.7	8.6
2006	8.4	8.4	8.2	8.1	8.2	8.4	8.5	8.4	8.0	8.2	8.1	7.9
2007	8.4	8.1	8.0	8.2	8.2	8.3	8.4	8.5	8.4	8.4	8.5	8.8
2008	9.1	8.9	9.0	9.2	9.7	10.1	10.5	10.9	11.2	11.9	12.7	13.6
2009	14.1	15.0	15.6	15.8	16.4	16.6	16.5	16.8	17.0	17.4	17.1	17.2
2010	16.5	16.8	16.8	17.0	16.5	16.5	16.5	16.7	17.1	17.0	17.0	16.7
2011	16.1	15.9	15.7	15.9

Employment Level: From 139,864 000 in March 2011 to 139,674,000 in April 2011 (Down 190,000)

Series Id: LNS12000000Seasonally AdjustedSeries title: (Seas) Employment LevelLabor forcestatus: EmployedType of data: Number in thousandsAge: 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140245(1)	140385	140654	141254	141609	141714	142026	142434	142401	142548	142499	142752
2006	143150(1)	143457	143741	143761	144089	144353	144202	144625	144815	145314	145534	145970
2007	146033(1)	146066	146334	145610	145901	146058	145886	145670	146231	145937	146584	146272
2008	146407(1)	146183	146143	146173	145925	145725	145479	145167	145056	144778	144068	143324
2009	142201(1)	141687	140822	140720	140292	139978	139794	139409	138791	138393	138590	137960
2010	138511(1)	138698	138952	139382	139353	139092	138991	139267	139378	139084	138909	139206
2011	139323(1)	139573	139864	139674
1 : Data affected by changes in population controls.

Civilian Labor Force Level: From 153,406,000 in March 2011 to 153,421,000 in April 2011 (Up 15,000)

Series Id:           LNS11000000
Seasonally Adjusted
Series title:        (Seas) Civilian Labor Force Level
Labor force status:  Civilian labor force
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148029(1)	148364	148391	148926	149261	149238	149432	149779	149954	150001	150065	150030
2006	150214(1)	150641	150813	150881	151069	151354	151377	151716	151662	152041	152406	152732
2007	153133(1)	152966	153054	152446	152666	153038	153035	152756	153422	153209	153845	153936
2008	154060(1)	153624	153924	153779	154322	154315	154432	154656	154613	154953	154621	154669
2009	154185(1)	154424	154100	154453	154805	154754	154457	154362	153940	154022	153795	153172
2010	153353(1)	153558	153895	154520	154237	153684	153628	154117	154124	153960	153950	153690
2011	153186(1)	153246	153406	153421
1 : Data affected by changes in population controls.

Civilian Labor Force Participation Rate: From 64.2% in March 2011 to 64.2% in April 2011 (No Change)

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.0	66.1	66.0	66.0	65.8	65.8
2009	65.7	65.7	65.6	65.6	65.7	65.7	65.5	65.4	65.1	65.1	65.0	64.7
2010	64.8	64.8	64.9	65.1	64.9	64.7	64.6	64.7	64.7	64.5	64.5	64.3
2011	64.2	64.2	64.2	64.2

Employment-Population Ratio: From 58.5% in March 2011 To 58.4% in April 2011 (Down .1%)

Series Id:           LNS12300000
Seasonally Adjusted
Series title:        (Seas) Employment-Population Ratio
Labor force status:  Employment-population ratio
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	64.4	64.3	64.3	64.0	63.8	63.7	63.7	63.2	63.5	63.2	63.0	62.9
2002	62.7	63.0	62.8	62.7	62.9	62.7	62.7	62.7	63.0	62.7	62.5	62.4
2003	62.5	62.5	62.4	62.4	62.3	62.3	62.1	62.1	62.0	62.1	62.3	62.2
2004	62.3	62.3	62.2	62.3	62.3	62.4	62.5	62.4	62.3	62.3	62.5	62.4
2005	62.4	62.4	62.4	62.7	62.8	62.7	62.8	62.9	62.8	62.8	62.7	62.8
2006	62.9	63.0	63.1	63.0	63.1	63.1	63.0	63.1	63.1	63.3	63.3	63.4
2007	63.3	63.3	63.3	63.0	63.0	63.0	62.9	62.7	62.9	62.7	62.9	62.7
2008	62.9	62.8	62.7	62.7	62.5	62.4	62.2	62.0	61.9	61.7	61.4	61.0
2009	60.6	60.3	59.9	59.8	59.6	59.4	59.3	59.0	58.7	58.5	58.5	58.2
2010	58.5	58.5	58.6	58.7	58.7	58.5	58.4	58.5	58.5	58.3	58.2	58.3
2011	58.4	58.4	58.5	58.4

Background Articles and Videos

Employment Situation Summary

Transmission of material in this release is embargoed   	       USDL-11-0622
until 8:30 a.m. (EDT) Friday, May 6, 2011

Technical information:
 Household data:     (202) 691-6378  *  cpsinfo@bls.gov  * www.bls.gov/cps
 Establishment data: (202) 691-6555  *  cesinfo@bls.gov  * www.bls.gov/ces

Media contact:       (202) 691-5902  *  PressOffice@bls.gov

                 THE EMPLOYMENT SITUATION -- APRIL 2011

Nonfarm payroll employment rose by 244,000 in April, and the unemployment rate
edged up to 9.0 percent, the U.S. Bureau of Labor Statistics reported today.
Job gains occurred in several service-providing industries, manufacturing,
and mining.

Household Survey Data

The number of unemployed persons, at 13.7 million, changed little in
April. The unemployment rate edged up from 8.8 to 9.0 percent over the
month but was 0.8 percentage point lower than in November. The labor
force also was little changed in April. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men
(8.8 percent), adult women (7.9 percent), teenagers (24.9 percent),
whites (8.0 percent), blacks (16.1 percent), and Hispanics (11.8 percent)
showed little change in April. The jobless rate for Asians was 6.4 percent,
not seasonally adjusted. (See tables A-1, A-2, and A-3.)

The number of persons unemployed for less than 5 weeks increased by
242,000 in April. The number of long-term unemployed (those jobless for
27 weeks and over) declined by 283,000 to 5.8 million; their share of
unemployment declined to 43.4 percent. (See table A-12.)

The civilian labor force participation rate was 64.2 percent for the
fourth consecutive month. The employment-population ratio, at 58.4 percent,
changed little in April. (See table A-1.)

The number of persons employed part time for economic reasons
(sometimes referred to as involuntary part-time workers) was little
changed over the month, at 8.6 million. These individuals were working
part time because their hours had been cut back or because they were
unable to find a full-time job. (See table A-8.)

In April, 2.5 million persons were marginally attached to the labor force,
about the same as a year earlier. (These data are not seasonally adjusted.)
These individuals were not in the labor force, wanted and were available
for work, and had looked for a job sometime in the prior 12 months. They
were not counted as unemployed because they had not searched for work in
the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 989,000 discouraged workers in
April, a decline of 208,000 from a year earlier. (These data are not
seasonally adjusted.) Discouraged workers are persons not currently
looking for work because they believe no jobs are available for them.
The remaining 1.5 million persons marginally attached to the labor force
in April had not searched for work in the 4 weeks preceding the survey
for reasons such as school attendance or family responsibilities.
(See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 244,000 in April, and the
private sector added 268,000 jobs. Employment rose in a number of service-
providing industries, manufacturing, and mining. Since a recent low in
February 2010, total payroll employment has grown by 1.8 million. Private
sector employment has increased by 2.1 million over the same period.
(See table B-1.)

In April, employment in retail trade rose by 57,000. Within the industry,
employment in general merchandise stores increased by 27,000, offsetting
a decline of similar magnitude in the prior month. Elsewhere in retail
trade, April job gains occurred in electronics and appliance stores
(+6,000), building material and garden supply stores (+6,000), and
automobile dealers (+5,000).

Employment in professional and business services continued to expand in
April, with an increase of 51,000. Job gains occurred in management and
technical consulting services (+11,000) and in computer systems design
and related services (+8,000). Employment in temporary help services
was little changed over the month, following an increase of 34,000 in March.

Health care continued to add jobs in April (+37,000). Within health care,
job gains continued in ambulatory health care (+22,000) and hospitals
(+10,000).

Employment in leisure and hospitality continued to increase in April
(+46,000). Over the past 3 months, this industry added 151,000 jobs, with
nearly two-thirds of the growth in food services and drinking places.

Employment in both state government and local government continued to trend
down, with April losses concentrated in the non-educational components.
Elsewhere in the service-providing sector, employment in information,
financial activities, and transportation and warehousing changed little
in April.

In the goods-producing sector of the economy, manufacturing employment
rose by 29,000 in April. Since reaching an employment low in December 2009,
manufacturing has added 250,000 jobs, including 141,000 in 2011. Over the
month, employment growth continued in machinery (+5,000), primary metals
(+4,000), and computer and electronic products (+4,000).

Mining added 11,000 jobs in April. More than half of the gain occurred in
support activities for mining. Since a recent low point in October 2009,
employment in mining has increased by 107,000.

Construction employment was about unchanged in April. This industry has shown
little net movement since early 2010, after having fallen sharply during the
prior 3 years.

The average workweek for all employees on private nonfarm payrolls remained
at 34.3 hours in April. The manufacturing workweek for all employees, at
40.4 hours, also was unchanged over the month, while factory overtime
increased by 0.1 hour to 3.3 hours. The average workweek for production
and nonsupervisory employees on private nonfarm payrolls was unchanged in
April at 33.6 hours. (See tables B-2 and B-7.)

In April, average hourly earnings for all employees on private nonfarm
payrolls increased by 3 cents, or 0.1 percent, to $22.95. Over the past 12
months, average hourly earnings increased by 1.9 percent. In April, average
hourly earnings of private-sector production and nonsupervisory employees
rose by 5 cents, or 0.3 percent, to $19.37. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for February was revised
from +194,000 to +235,000, and the change for March was revised from
+216,000 to +221,000.

_____________
The Employment Situation for May is scheduled to be released on Friday,
June 3, 2011, at 8:30 a.m. (EDT).

Labor Force Statistics from the Current Population Survey

How the Government Measures Unemployment

13,500,000 Million Americans Unemployed in March 2011 Still Exceeds Great Depression High of 13,000,000 In March 1933–The Obama Depressions Continues–Bureau of Labor Statistics: 8.8% Official Unemployment Rate (U-3) vs. Gallup Unemployment Rate of 10.0%–Nonfarm Payroll Increased By 216,000–The Government Makes The Depression Worse!–Videos

Posted on April 1, 2011. Filed under: American History, Banking, Blogroll, Business, Communications, Demographics, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, Health Care, history, Language, Law, liberty, Life, Links, media, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Psychology, Public Sector, Resources, Security, Strategy, Talk Radio, Taxes, Technology, Unions, Video, War, Wealth | Tags: BLS, Department of Labor, Gallup Poll, Official Unemployment Rate, U-3, U-6, Unemploymnet Rate |

Give it a listen!

Pronk Pops Show 22 (Part 2)

April 08, 2011 11:16 AM PDT

Pronk Pops Show 22, April 7, 2011

Segment 1: 3,500,000 Million Americans Unemployed in March 2011 Still Exceeds Great Depression High of 13,000,000 In March 1933–The Obama Depressions Continues–Bureau of Labor Statistics: 8.8% Official Unemployment Rate (U-3) vs. Gallup Unemployment Rate of 10.0%–Nonfarm Payroll Increased By 216,000–The Government Makes The Depression Worse!–Videos

Segment 2: Obama’s Anti-American, Anti-Capitalist, Anti-Growth, Anti-Jobs, and Anti-Security Energy Policy–Videos

Segment 3: Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–A Jet Plane To Prosperity Not A Path To Prosperity–Videos

Segment 4: Just One More Thing Congressman Ryan: When Does The Republican’s Path To Prosperity Balance The Budget?–The Twelth of Never!–Videos

For additional information and videos on the above segments:

http://pronkpops.wordpress.com/2011/04/04/pronk-pops-show-22-april-5-2011-segment-113500000-million-americans-unemployed-in-march-2011-still-exceeds-great-depression-high-of-13000000-in-march-1933%E2%80%93the-obama-depressions-contin/

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2011	9.00	8.90	8.80
2010	9.70	9.70	9.70	9.90	9.70	9.50	9.50	9.60	9.60	9.60	9.80	9.40
2009	7.70	8.20	8.60	8.90	9.40	9.50	9.40	9.70	9.80	10.10	10.00	10.00
2008	5.00	4.80	5.10	5.00	5.40	5.50	5.80	6.10	6.20	6.60	6.90	7.40

* The table above displays the monthly average.

Employment Population Ratio

Unemployment Rate Falls to 8.8 Pct, Two-year Low

Porcelli Says Jobs Growth Rate Enough for U.S. Recovery

Raymond James’s Brown Says U.S. Jobs Data `Not Great’

216,000 Jobs Added In March, Unemployment Rate Falls to 8.8%

The Unemployment Game Show: Are You *Really* Unemployed?

The Shadow Unemployed

John Williams of Shadow Statistics (29-Dec-10)(FINANCE & ECONOMICS series)

http://www.gallup.com/poll/146900/Gallup-Finds-Unemployment-Rate-March.aspx

Data extracted on: April 1, 2011 (9:59:55 AM)

Labor Force Statistics from the Current Population Survey

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.8	5.1	4.9	5.4	5.6	5.8	6.1	6.2	6.6	6.8	7.3
2009	7.8	8.2	8.6	8.9	9.4	9.5	9.5	9.7	9.8	10.1	9.9	9.9
2010	9.7	9.7	9.7	9.8	9.6	9.5	9.5	9.6	9.6	9.7	9.8	9.4
2011	9.0	8.9	8.8

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2001 7.3 7.4 7.3 7.4 7.5 7.9 7.8 8.1 8.7 9.3 9.4 9.6

2002 9.5 9.5 9.4 9.7 9.5 9.5 9.6 9.6 9.6 9.6 9.7 9.8

2003 10.0 10.2 10.0 10.2 10.1 10.3 10.3 10.1 10.4 10.2 10.0 9.8

2004 9.9 9.7 10.0 9.6 9.6 9.5 9.5 9.4 9.4 9.7 9.4 9.2

2005 9.3 9.3 9.1 8.9 8.9 9.0 8.8 8.9 9.0 8.7 8.7 8.6

2006 8.4 8.4 8.2 8.1 8.2 8.4 8.5 8.4 8.0 8.2 8.1 7.9

2007 8.4 8.1 8.0 8.2 8.2 8.3 8.4 8.5 8.4 8.4 8.5 8.8

2008 9.1 8.9 9.0 9.2 9.7 10.1 10.5 10.9 11.2 11.9 12.7 13.6

2009 14.1 15.0 15.6 15.8 16.4 16.6 16.5 16.8 17.0 17.4 17.1 17.2

2010 16.5 16.8 16.8 17.0 16.5 16.5 16.5 16.7 17.1 17.0 17.0 16.7

2011 16.1 15.9 15.7

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2001 67.2 67.1 67.2 66.9 66.7 66.7 66.8 66.5 66.8 66.7 66.7 66.7

2002 66.5 66.8 66.6 66.7 66.7 66.6 66.5 66.6 66.7 66.6 66.4 66.3

2003 66.4 66.4 66.3 66.4 66.4 66.5 66.2 66.1 66.1 66.1 66.1 65.9

2004 66.1 66.0 66.0 65.9 66.0 66.1 66.1 66.0 65.8 65.9 66.0 65.9

2005 65.8 65.9 65.9 66.1 66.1 66.1 66.1 66.2 66.1 66.1 66.0 66.0

2006 66.0 66.1 66.2 66.1 66.1 66.2 66.1 66.2 66.1 66.2 66.3 66.4

2007 66.4 66.3 66.2 65.9 66.0 66.0 66.0 65.8 66.0 65.8 66.0 66.0

2008 66.2 66.0 66.1 65.9 66.1 66.1 66.0 66.1 66.0 66.0 65.8 65.8

2009 65.7 65.7 65.6 65.6 65.7 65.7 65.5 65.4 65.1 65.1 65.0 64.7

2010 64.8 64.8 64.9 65.1 64.9 64.7 64.6 64.7 64.7 64.5 64.5 64.3

2011 64.2 64.2 64.2

Series Id:           LNS12300000
Seasonally Adjusted
Series title:        (Seas) Employment-Population Ratio
Labor force status:  Employment-population ratio
Type of data:        Percent or rate
Age:                 16 years and over

Creating the Next Great Depression | Thomas J. DiLorenzo

Uncommon Knowledge: The Great Depression with Amity Shlaes

UPDATE Why You’ve Never Heard of the Great Depression of 1920 Thomas E. Woods, Jr.

U.S. Unemployment rate from 1910-1960, with the years of the Great Depression (1929-1939) highlighted

Data for 1910-1930 from Christina Romer (1986), “Spurious Volatility in Historical Unemployment Data”, The Journal of Political Economy, 94(1): 1-37. Data for 1930-1940 from Robert M. Coen (1973). “Labor Force and Unemployment in the 1920′s and 1930′s: A Re-Examination Based on Postwar Experience”, The Review of Economics and Statistics, 55(1): 46-55. Data for 1940-1960 from the US Bureau of Labor Statistics, Employment status of the civilian noninstitutional population, 1940 to date ftp://ftp.bls.gov/pub/special.requests/lf/aat1.txt, retrieved March 6, 2009.

Background Articles and Videos

THE EMPLOYMENT SITUATION — MARCH 2011

Nonfarm payroll employment increased by 216,000 in March, and the unemployment
rate was little changed at 8.8 percent, the U.S. Bureau of Labor Statistics
reported today. Job gains occurred in professional and business services, health
care, leisure and hospitality, and mining. Employment in manufacturing continued
to trend up.

Household Survey Data

The number of unemployed persons (13.5 million) and the unemployment rate (8.8
percent) changed little in March. The labor force also was little changed over
the month. Since November 2010, the jobless rate has declined by 1.0 percentage
point. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men (8.6 percent),
adult women (7.7 percent), teenagers (24.5 percent), whites (7.9 percent), blacks
(15.5 percent), and Hispanics (11.3 percent) showed little change in March. The
jobless rate for Asians was 7.1 percent, not seasonally adjusted. (See tables A-1,
A-2, and A-3.)

The number of job losers and persons who completed temporary jobs, at 8.2 million,
was little changed in March but has fallen by 1.3 million since November 2010.
The number of long-term unemployed (those jobless for 27 weeks or more) was 6.1
million in March; their share of the unemployed increased from 43.9 to 45.5 percent
over the month. (See tables A-11 and A-12.)

In March, the civilian labor force participation rate held at 64.2 percent, and the
employment-population ratio, at 58.5 percent, changed little. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred
to as involuntary part-time workers) was little changed in March, at 8.4 million.
These individuals were working part time because their hours had been cut back or
because they were unable to find a full-time job. (See table A-8.)

In March, 2.4 million persons were marginally attached to the labor force, up
slightly from a year earlier. (These data are not seasonally adjusted.) These
individuals were not in the labor force, wanted and were available for work, and
had looked for a job sometime in the prior 12 months. They were not counted as
unemployed because they had not searched for work in the 4 weeks preceding the
survey. (See table A-16.)

Among the marginally attached, there were 921,000 discouraged workers in March,
little changed from a year earlier. (These data are not seasonally adjusted.)
Discouraged workers are persons not currently looking for work because they
believe no jobs are available for them. The remaining 1.5 million persons
marginally attached to the labor force in March had not searched for work in
the 4 weeks preceding the survey for reasons such as school attendance or family
responsibilities. (See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 216,000 in March. Job gains occurred
in several service-providing industries and in mining, and manufacturing employment
continued to trend up. Since a recent low in February 2010, total payroll employment
has grown by 1.5 million. (See table B-1.)

In March, employment in the service-providing sector continued to expand, led
by a gain of 78,000 in professional and business services. Most of the gain
occurred in temporary help services (+29,000) and in professional and technical
services (+35,000).

Health care employment continued to increase in March (+37,000). Over the last
12 months, health care has added 283,000 jobs, or an average of 24,000 jobs per
month.

Employment in leisure and hospitality rose by 37,000 over the month, with more than
two-thirds of the increase in food services and drinking places (+27,000).

Manufacturing employment continued to trend up in March (+17,000). Job gains were
concentrated in two durable goods industries–fabricated metal products (+8,000)
and machinery (+5,000). Employment in durable goods manufacturing has risen by
243,000 since its most recent low in December 2009.

In March, employment in mining increased by 14,000, with much of the gain occurring
in support activities for mining (+9,000).

Employment in local government continued to trend down over the month. Local government
has lost 416,000 jobs since an employment peak in September 2008.

The average workweek for all employees on private nonfarm payrolls was unchanged at
34.3 hours in March. The manufacturing workweek for all employees edged down by 0.1
hour to 40.5 hours, while factory overtime was unchanged at 3.3 hours. The average
workweek for production and nonsupervisory employees on private nonfarm payrolls
increased by 0.1 hour to 33.6 hours. (See tables B-2 and B-7.)

In March, average hourly earnings for all employees on private nonfarm payrolls were
unchanged at $22.87. Over the past 12 months, average hourly earnings have increased
by 1.7 percent. Average hourly earnings of private-sector production and nonsupervisory
employees edged down by 2 cents over the month to $19.30. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for January was revised from +63,000
to +68,000, and the change for February was revised from +192,000 to +194,000.

____________
The Employment Situation for April is scheduled to be released on Friday, May 6, 2011,
at 8:30 a.m. (EDT).

http://bls.gov/news.release/empsit.nr0.htm

“Black Swan” Events Precursor to US Stagflation?

Posted by Scott Boyd at 11:12 am UTC, 03/28/2011 <!– — Leave a Comment –>

In 1965, the British economy faced a two-pronged assault: weak growth coupled with rapidly rising consumer prices. A British Parliamentarian described this paradox by mashing together “stagnant” and “inflation” to come up with “stagflation”. The term immediately became a fixture in the financial lexicon and has been striking fear in the hearts of government officials ever since.

Stagflation is the most terrifying of economic circumstances because it is the most difficult condition to combat. On the one hand you have a slowing economy which calls for an easing of monetary policy to encourage spending. On the other hand, you have inflation spurred on by rapidly rising prices. To deal with inflation, the standard approach is to tighten monetary policy by raising rates to discourage spending. This inherent contradiction makes it difficult to implement an effective policy against stagflation.

“We now have the worst of both worlds – not just inflation on the one side or stagnation on the other. We have sort of ‘stagflation’ situation.”
British Member of Parliament
Iain MacLeod

How is it possible for an economy to be in such a conflicting state? Certainly this is not a common occurrence, but given the right conditions and an event that causes an extraordinary shock to the economy, both conditions may exist simultaneously. Some analysts suggest we are close to experiencing those conditions now. …”

http://forexblog.oanda.com/20110328/black-swan-events-precursor-to-us-stagflation/

Background Articles and Videos

John Williams Hyperinflation to come in the next couple months

Ecconomist John Williams of Shadow Statistics on Radio Liberty 12-29-10

Bureau of Labor Statistics, Department of Labor

http://data.bls.gov/pdq/SurveyOutputServlet

Employment Level

Labor Force Statistics from the Current Population Survey

Series Id:           LNS12000000
Seasonally Adjusted
Series title:        (Seas) Employment Level
Labor force status:  Employed Age: 16 years and over
Type of data:        Number in thousands

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140245(1)	140385	140654	141254	141609	141714	142026	142434	142401	142548	142499	142752
2006	143150(1)	143457	143741	143761	144089	144353	144202	144625	144815	145314	145534	145970
2007	146033(1)	146066	146334	145610	145901	146058	145886	145670	146231	145937	146584	146272
2008	146407(1)	146183	146143	146173	145925	145725	145479	145167	145056	144778	144068	143324
2009	142201(1)	141687	140822	140720	140292	139978	139794	139409	138791	138393	138590	137960
2010	138511(1)	138698	138952	139382	139353	139092	138991	139267	139378	139084	138909	139206
2011	139323(1)	139573
1 : Data affected by changes in population controls.

Civilian Labor Force

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148029(1)	148364	148391	148926	149261	149238	149432	149779	149954	150001	150065	150030
2006	150214(1)	150641	150813	150881	151069	151354	151377	151716	151662	152041	152406	152732
2007	153133(1)	152966	153054	152446	152666	153038	153035	152756	153422	153209	153845	153936
2008	154060(1)	153624	153924	153779	154322	154315	154432	154656	154613	154953	154621	154669
2009	154185(1)	154424	154100	154453	154805	154754	154457	154362	153940	154022	153795	153172
2010	153353(1)	153558	153895	154520	154237	153684	153628	154117	154124	153960	153950	153690
2011	153186(1)	153246
1 : Data affected by changes in population controls.

Unemployment Level (U-3)

Series Id:           LNS13000000 Seasonally Adjusted Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	6023	6089	6141	6271	6226	6484	6583	7042	7142	7694	8003	8258
2002	8182	8215	8304	8599	8399	8393	8390	8304	8251	8307	8520	8640
2003	8520	8618	8588	8842	8957	9266	9011	8896	8921	8732	8576	8317
2004	8370	8167	8491	8170	8212	8286	8136	7990	7927	8061	7932	7934
2005	7784	7980	7737	7672	7651	7524	7406	7345	7553	7453	7566	7279
2006	7064	7184	7072	7120	6980	7001	7175	7091	6847	6727	6872	6762
2007	7100	6900	6721	6836	6766	6980	7149	7085	7191	7272	7261	7664
2008	7653	7441	7781	7606	8398	8590	8953	9489	9557	10176	10552	11344
2009	11984	12737	13278	13734	14512	14776	14663	14953	15149	15628	15206	15212
2010	14842	14860	14943	15138	14884	14593	14637	14849	14746	14876	15041	14485
2011	13863	13673

Labor Force Participation Rate

 
Series Id:           LNS11300000 Seasonally Adjusted Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.1	66.1	66.0	66.0
2006	66.0	66.1	66.2	66.1	66.1	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.4	66.3	66.2	65.9	66.0	66.0	66.0	65.8	66.0	65.8	66.0	66.0
2008	66.2	66.0	66.1	65.9	66.1	66.1	66.0	66.1	66.0	66.0	65.8	65.8
2009	65.7	65.7	65.6	65.6	65.7	65.7	65.5	65.4	65.1	65.1	65.0	64.7
2010	64.8	64.8	64.9	65.1	64.9	64.7	64.6	64.7	64.7	64.5	64.5	64.3
2011	64.2	64.2

Unemployment Level

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	6023	6089	6141	6271	6226	6484	6583	7042	7142	7694	8003	8258
2002	8182	8215	8304	8599	8399	8393	8390	8304	8251	8307	8520	8640
2003	8520	8618	8588	8842	8957	9266	9011	8896	8921	8732	8576	8317
2004	8370	8167	8491	8170	8212	8286	8136	7990	7927	8061	7932	7934
2005	7784	7980	7737	7672	7651	7524	7406	7345	7553	7453	7566	7279
2006	7064	7184	7072	7120	6980	7001	7175	7091	6847	6727	6872	6762
2007	7100	6900	6721	6836	6766	6980	7149	7085	7191	7272	7261	7664
2008	7653	7441	7781	7606	8398	8590	8953	9489	9557	10176	10552	11344
2009	11984	12737	13278	13734	14512	14776	14663	14953	15149	15628	15206	15212
2010	14842	14860	14943	15138	14884	14593	14637	14849	14746	14876	15041	14485
2011	13863	13673

Unemployment Rate (U-6)



 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Annual


2001
7.3
7.4
7.3
7.4
7.5
7.9
7.8
8.1
8.7
9.3
9.4
9.6
 

2002
9.5
9.5
9.4
9.7
9.5
9.5
9.6
9.6
9.6
9.6
9.7
9.8
 

2003
10.0
10.2
10.0
10.2
10.1
10.3
10.3
10.1
10.4
10.2
10.0
9.8
 

2004
9.9
9.7
10.0
9.6
9.6
9.5
9.5
9.4
9.4
9.7
9.4
9.2
 

2005
9.3
9.3
9.1
8.9
8.9
9.0
8.8
8.9
9.0
8.7
8.7
8.6
 

2006
8.4
8.4
8.2
8.1
8.2
8.4
8.5
8.4
8.0
8.2
8.1
7.9
 

2007
8.4
8.1
8.0
8.2
8.2
8.3
8.4
8.5
8.4
8.4
8.5
8.8
 

2008
9.1
8.9
9.0
9.2
9.7
10.1
10.5
10.9
11.2
11.9
12.7
13.6
 

2009
14.1
15.0
15.6
15.8
16.4
16.6
16.5
16.8
17.0
17.4
17.1
17.2
 

2010
16.5
16.8
16.8
17.0
16.5
16.5
16.5
16.7
17.1
17.0
17.0
16.7
 

2011
16.1
15.9

Employment Situation Summary

Transmission of material in this release is embargoed USDL-11-0271 until 8:30 a.m. (EST) Friday, March 4, 2011 Technical information: Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces Media contact: (202) 691-5902 * PressOffice@bls.gov THE EMPLOYMENT SITUATION -- FEBRUARY 2011 Nonfarm payroll employment increased by 192,000 in February, and the unemployment
rate was little changed at 8.9 percent, the U.S. Bureau of Labor Statistics re- ported today. Job gains occurred in manufacturing, construction, professional and business services, health care, and transportation and warehousing. Household Survey Data The number of unemployed persons (13.7 million) and the unemployment rate (8.9 percent) changed little in February. The labor force was about unchanged over the month. The jobless rate was down by 0.9 percentage point since November 2010. (See table A-1.) Among the major worker groups, the unemployment rates for adult men (8.7 percent), adult women (8.0 percent), teenagers (23.9 percent), whites (8.0 percent), blacks (15.3 percent), and Hispanics (11.6 percent) showed little or no change in February. The jobless rate for Asians was 6.8 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.) The number of job losers and persons who completed temporary jobs, at 8.3 million, continued to trend down in February and has fallen by 1.2 million over the past 12 months. The number of long-term unemployed (those jobless for 27 weeks or more) was 6.0 million and accounted for 43.9 percent of the unemployed. (See tables A-11 and A-12.) Both the civilian labor force participation rate, at 64.2 percent, and the employ- ment-population ratio, at 58.4 percent, were unchanged in February. (See table A-1.) The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was essentially unchanged at 8.3 million in February. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job. (See table A-8.) In February, 2.7 million persons were marginally attached to the labor force, up
from 2.5 million a year earlier. (These data are not seasonally adjusted.) These
individuals were not in the labor force, wanted and were available for work, and
had looked for a job sometime in the prior 12 months. They were not counted as
unemployed because they had not searched for work in the 4 weeks preceding the
survey. (See table A-16.)

Among the marginally attached, there were 1.0 million discouraged workers in February,
a decrease of 184,000 from a year earlier. (These data are not seasonally adjusted.)
Discouraged workers are persons not currently looking for work because they believe no
jobs are available for them. The remaining 1.7 million persons marginally attached to the labor force in February had not searched for work in the 4 weeks preceding the sur- vey for reasons such as school attendance or family responsibilities. (See table A-16.) Establishment Survey Data Total nonfarm payroll employment rose by 192,000 in February. Job gains occurred in manufacturing, construction, and several service-providing industries. Since a recent low in February 2010, total payroll employment has grown by 1.3 million, or an average of 106,000 per month. (See table B-1.) Manufacturing employment rose by 33,000 in February. Almost all of the gain occurred in durable goods industries, including machinery (+9,000) and fabricated metal pro- ducts (+7,000). Manufacturing has added 195,000 jobs since its most recent trough in December 2009; durable goods manufacturing added 233,000 jobs during this period. Construction employment grew by 33,000 in February, following a decline of 22,000 in January that may have reflected severe winter weather. Within construction, specialty trade contractors accounted for the bulk of the February job gain (+28,000). Employment in the service-providing sector continued to expand in February, led by a gain of 47,000 in professional and business services. Employment services added 29,000 jobs, and employment rose by 7,000 in management and technical consulting. Within employment services, the number of jobs in temporary help services edged up over the month. Health care employment continued to increase in February (+34,000). Over the prior 12 months, health care had added 260,000 jobs, or an average of 22,000 jobs per month. Transportation and warehousing employment increased by 22,000 in February, with half of that gain in truck transportation (+11,000). Employment in both state and local government edged down over the month. Local govern- ment has lost 377,000 jobs since its peak in September 2008. The average workweek for all employees on private nonfarm payrolls was unchanged at 34.2 hours in February. The manufacturing workweek for all employees rose by 0.1 hour to 40.5 hours, while factory overtime rose by 0.2 hour to 3.3 hours. The average work- week for production and nonsupervisory employees on private nonfarm payrolls increased by 0.1 hour to 33.5 hours. (See tables B-2 and B-7.) In February, average hourly earnings for all employees on private nonfarm payrolls increased by 1 cent to $22.87. Over the past 12 months, average hourly earnings have increased by 1.7 percent. In February, average hourly earnings of private-sector pro- duction and nonsupervisory employees were unchanged at $19.33. (See tables B-3 and B-8.) The change in total nonfarm payroll employment for December was revised from +121,000 to +152,000, and the change for January was revised from +36,000 to +63,000. ___________ The Employment Situation for March is scheduled to be released on Friday, April 1, 2011, at 8:30 a.m. (EDT).

Read Full Post | Make a Comment ( None so far )

Lies, Damned Lies, Statistics and Obama’s Unbelievable Unemployment Numbers–Videos

Posted on February 7, 2011. Filed under: Banking, Blogroll, Demographics, Economics, Employment, Federal Government, Fiscal Policy, government, government spending, Language, Law, liberty, Life, Links, media, Monetary Policy, Money, People, Philosophy, Politics, Rants, Raves, Taxes, Video, Wealth, Wisdom | Tags: BLS, Damn Lies, Labor Participation Rates, lies, Obama's Unbelievable Unemployment Numbers, Politics, Statistics, U-3 |

“There are three kinds of lies: lies, damned lies, and statistics.”

~Benjamin Disraeli

http://www.shadowstats.com/alternate_data/unemployment-charts

Unemployment Falls to 9.0%, Only 36K New Jobs

The Shadow Unemployed

BLS U-3 Unemployment Rate Explained

The Unemployment Deception (9% Jobless, only 36k jobs in Jan )

Low Job Numbers Blamed on Weather, Apprehensive Companies

Peter Schiff Video Blog – February 4, 2011

In October 2008 the United States Civilian Labor Force Level peaked at an estimated 154,953,000 or about 155 million.

The Bureau of Labor Statistics defines the labor force as all civilians classified as employed and unemployed.

The employed are those who work for pay for themselves or someone else or who work 15 hours or more as unpaid workers in a family-operated business.

Also included among the employed are those who were temporarily absent from work for reasons such as illness and child-care problems.

The unemployed include individuals who had no job but were available for work and looking for employment.

The civilian labor force grows approximately 100,000 to 150,000 each month from population growth as new entrants into the labor market either graduate or drop-out from high school and college and seek employment or their first job in the labor market.

Had the economy not gone into a recession in 2008 and 2009, the United States Labor Force Level would have grown approximately 2,700,000 to 3,700,000 over the 27 month period ending January 31, 2011.

In other words the civilian labor force level should be between 157,700,000 and 158,700,000 due to population growth alone by the end of 2010.

Yet in January 2011 the total estimated civilian labor force level was only 153,186,000 well below the peak level of October 2008 and the expected normal population growth levels.

The United States economy is simply not creating enough jobs each month to keep up with population growth as new entrants enter the labor market to seek employment.

Civilian Labor Force Level

http://data.bls.gov/pdq/SurveyOutputServlet

Series Id:           LNS11000000 Seasonally Adjusted Series title:        (Seas) Civilian Labor Force Level
Labor force status:  Civilian labor force
Type of data:        Number in thousands
Age:                 16 years and over


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Annual


2001
143800
143701
143924
143569
143318
143357
143654
143284
143989
144086
144240
144305
 

2002
143883
144653
144481
144725
144938
144808
144803
145009
145552
145314
145041
145066
 

2003
145937(1)
146100
146022
146474
146500
147056
146485
146445
146530
146716
147000
146729
 

2004
146842(1)
146709
146944
146850
147065
147460
147692
147564
147415
147793
148162
148059
 

2005
148029(1)
148364
148391
148926
149261
149238
149432
149779
149954
150001
150065
150030
 

2006
150214(1)
150641
150813
150881
151069
151354
151377
151716
151662
152041
152406
152732
 

2007
153133(1)
152966
153054
152446
152666
153038
153035
152756
153422
153209
153845
153936
 

2008
154060(1)
153624
153924
153779
154322
154315
154432
154656
154613
154953
154621
154669
 

2009
154185(1)
154424
154100
154453
154805
154754
154457
154362
153940
154022
153795
153172
 

2010
153353(1)
153558
153895
154520
154237
153684
153628
154117
154124
153960
153950
153690
 

2011
153186(1)
 
 
 
 
 
 
 
 
 
 
 
 


1 : Data affected by changes in population controls.

In order to reduce the official unemployment rate by .1% each month requires the creation of between 250,000 and 300,000 jobs per month.

The 300,000 jobs per month number includes new entrants into the labor force of about 150,000 plus another 150,000 or .1% of the civilian labor force.

Thus to reduce the official unemployment rate or U-3 by 1% per year requires the creation of approximately 3,600,000 jobs per year.

The 250,000 jobs per month number includes new entrants into the labor force of about 100,000 plus another 150,000 or .1% of the civilian labor force.

Thus to reduce the official unemployment rate or U-3 by 1% per year requires at the bare minimum the creation of approximately 3,000,000 jobs per year.

The United States economy has been creating less than half this number of new jobs.

The situation is actually much worse.

The civilian labor force participation rate represents the proportion of the working-age population either working or actively looking for work and is the relative size of labor resources available for the production of the United States economy goods and service.

The civilian labor force participation rate rose fairly steadily for more than six decades hitting a peak of 67.2% in March 2001.

The civilian labor force participation rate is normally between 66% and 67%.

Labor Force Participation Rate

http://data.bls.gov/pdq/SurveyOutputServlet

Series Id:           LNS11300000 Seasonally Adjusted Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Annual


2001
67.2
67.1
67.2
66.9
66.7
66.7
66.8
66.5
66.8
66.7
66.7
66.7
 

2002
66.5
66.8
66.6
66.7
66.7
66.6
66.5
66.6
66.7
66.6
66.4
66.3
 

2003
66.4
66.4
66.3
66.4
66.4
66.5
66.2
66.1
66.1
66.1
66.1
65.9
 

2004
66.1
66.0
66.0
65.9
66.0
66.1
66.1
66.0
65.8
65.9
66.0
65.9
 

2005
65.8
65.9
65.9
66.1
66.1
66.1
66.1
66.2
66.1
66.1
66.0
66.0
 

2006
66.0
66.1
66.2
66.1
66.1
66.2
66.1
66.2
66.1
66.2
66.3
66.4
 

2007
66.4
66.3
66.2
65.9
66.0
66.0
66.0
65.8
66.0
65.8
66.0
66.0
 

2008
66.2
66.0
66.1
65.9
66.1
66.1
66.0
66.1
66.0
66.0
65.8
65.8
 

2009
65.7
65.7
65.6
65.6
65.7
65.7
65.5
65.4
65.1
65.1
65.0
64.7
 

2010
64.8
64.8
64.9
65.1
64.9
64.7
64.6
64.7
64.7
64.5
64.5
64.3
 

2011
64.2

However starting in December 2009 and continuing into February 2011 the civilian labor force participation rate had fallen below 65%.

January 2011 64.2% participation rate is the lowest in twenty-six years.

http://en.wikipedia.org/wiki/File:US_Labor_Force_Participation_Rate.jpg

Over 6.6 million americans are so discouraged by the current unemployment situation that they have left the labor market.

BLS U-3 Unemployment Rate Explained

The U.S. employment level hit a peak in November 2007 at 146,504,000.

When President Bush left office in January 2009 the U.S. employment level had declined by over 3.3 million jobs to a level of 142,202,000.

Under President Obama the U.S employment level has declined even further by over 2.9 million jobs to a level of 139,323,00 in January 2011.

The U.S economy has lost over 7. 2 million jobs from November 2007 through January 2011.

Employment Level

http://data.bls.gov/pdq/SurveyOutputServlet

  
Series Id:           LNS12000000 Seasonally Adjusted Series title:        (Seas) Employment Level
Labor force status:  Employed
Type of data:        Number in thousands
Age:                 16 years and over

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Annual


2001
137778
137612
137783
137299
137092
136873
137071
136241
136846
136392
136238
136047
 

2002
135701
136438
136177
136126
136539
136415
136413
136705
137302
137008
136521
136426
 

2003
137417(1)
137482
137434
137633
137544
137790
137474
137549
137609
137984
138424
138411
 

2004
138472(1)
138542
138453
138680
138852
139174
139556
139573
139487
139732
140231
140125
 

2005
140245(1)
140385
140654
141254
141609
141714
142026
142434
142401
142548
142499
142752
 

2006
143150(1)
143457
143741
143761
144089
144353
144202
144625
144815
145314
145534
145970
 

2007
146033(1)
146066
146334
145610
145901
146058
145886
145670
146231
145937
146584
146272
 

2008
146407(1)
146183
146143
146173
145925
145725
145479
145167
145056
144778
144068
143324
 

2009
142201(1)
141687
140822
140720
140292
139978
139794
139409
138791
138393
138590
137960
 

2010
138511(1)
138698
138952
139382
139353
139092
138991
139267
139378
139084
138909
139206
 

2011
139323(1)
 
 
 
 
 
 
 
 
 
 
 
 


1 : Data affected by changes in population controls.

Last week the Bureau of Labor Statistics reported the unemployment rate declined from 9.4% to 9.0% while only 36,000 new non-farm jobs were actually created.

http://www.bls.gov/news.release/pdf/empsit.pdf

Unemployment Rate (U-3)

Series Id:           LNS14000000 Seasonally Adjusted Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.8	5.1	4.9	5.4	5.6	5.8	6.1	6.2	6.6	6.8	7.3
2009	7.8	8.2	8.6	8.9	9.4	9.5	9.5	9.7	9.8	10.1	9.9	9.9
2010	9.7	9.7	9.7	9.8	9.6	9.5	9.5	9.6	9.6	9.7	9.8	9.4
2011	9.0

The Bureau of Labor Statistics also reported upwardly revised numbers of 121,000 new non-farm jobs created in December 2010 and 93,000 new non-farm jobs created in November 2010.

While the number of new non-farm jobs was barely enough to keep up with population growth and new entrants into the labor market, it simply was no where near the range of 250,000 to 300,000 new jobs per month necessary to decreased the unemployment rate by .1%.

Yet according the the Bureau of Labor Statistics the unemployment rate dropped from 9.8% in November 2010 to 9% in January, 2011 or a total of .8% in just two month.

This would have required the creation of over 1,750,000 to 2,100,000 in just two months.

This did not happen and nobody believes it did including the Bureau of Labor Statistics.

Economic growth rates for the economy would have to be over 8% to create from 875,000 to over 1,000,000 jobs per month. The current rate of economic growth for gross domestic product is 3.25%.

The only way to get a drop of this magnitude in the unemployment rate is for more than 2 million people to have been so discouraged as to have left the labor force by not looking for work.

In other words the civilian labor force participation rate would have to decline dramatically, which it has if you believe the Bureau of Labor Statistics numbers.

But did it?

I for one do not buys this.

It is becoming increasing apparent that the President and the White House through the Secretary of Labor have brought political pressure to bear on the Bureau of Labor statistics to manipulate the employment statistics to show that the official unemployment rate is falling and will soon be under 9%.

With the exception of President Franklin D. Roosevelt in the 1930s who was re-elected as President with un-employment rates over 14%, no President since then has been re-elected with rates of un-employment exceeding 9% for over 21 months.

President Obama desperately needs the unemployment rate to fall below 9% and even 8% if he is to have any chance of being re-elected President of the United States.

This can be accomplished by making a political adjustment to the civilian labor participation rate by gradually lowering over several months the actually observed monthly rate.

When you are unemployed and need money to put food on the table and a roof over your head, you do not stop seeking employment no matter how discouraged you are.

Congress should investigate these unbelievable unemployment rate numbers by having the Secretary of Labor and head of the Bureau of Labor Statistics questioned by the appropriate Congressional House Committees.

Also, the time has come for a whistleblower to come forward and tell what is going on at the Department of Labor.

The official level of unemployment measured by U-3 dropped from 15,041,000 in November 2010 to 13,863,00 in January 2011 or a decline of over 1.2 million.

The only way for this to happen is to reclassify those who would normally be considered unemployed to discourage workers no longer considered in the civilian labor force resulting in lower labor participation rates.

Unemployment Level (U-3)

http://data.bls.gov/pdq/SurveyOutputServlet

Series Id:           LNS13000000 Seasonally Adjusted Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Annual


2001
6023
6089
6141
6271
6226
6484
6583
7042
7142
7694
8003
8258
 

2002
8182
8215
8304
8599
8399
8393
8390
8304
8251
8307
8520
8640
 

2003
8520
8618
8588
8842
8957
9266
9011
8896
8921
8732
8576
8317
 

2004
8370
8167
8491
8170
8212
8286
8136
7990
7927
8061
7932
7934
 

2005
7784
7980
7737
7672
7651
7524
7406
7345
7553
7453
7566
7279
 

2006
7064
7184
7072
7120
6980
7001
7175
7091
6847
6727
6872
6762
 

2007
7100
6900
6721
6836
6766
6980
7149
7085
7191
7272
7261
7664
 

2008
7653
7441
7781
7606
8398
8590
8953
9489
9557
10176
10552
11344
 

2009
11984
12737
13278
13734
14512
14776
14663
14953
15149
15628
15206
15212
 

2010
14842
14860
14943
15138
14884
14593
14637
14849
14746
14876
15041
14485
 

2011
13863

Well if you believe those numbers then I suggest you look at what Gallup estimates the unemployment rate to be:

“…Unemployment, as measured by Gallup without seasonal adjustment, increased to 9.8% at the end of January — up from 9.6% at the end of December, but down from 10.9% a year ago.

http://www.gallup.com/poll/145922/gallup-finds-unemployment-slightly-january.aspx

When you look at the Gallups’s underemployment rate and compare it with BLS U-6 total unemployment rate you see that Gallup is much higher and increasing compared to the rapidly falling U-6 rate in January 2011.

“… Underemployment Essentially Unchanged in January

Underemployment — the combination of part-time workers wanting full-time work and Gallup’s U.S. unemployment rate — was 18.9% in January, essentially the same as the 19.0% of December. Underemployment now stands one percentage point below the 19.9% of a year ago. …”

Total Unemployed Rate U-6

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5	9.4	9.7	9.5	9.5	9.6	9.6	9.6	9.6	9.7	9.8
2003	10.0	10.2	10.0	10.2	10.1	10.3	10.3	10.1	10.4	10.2	10.0	9.8
2004	9.9	9.7	10.0	9.6	9.6	9.5	9.5	9.4	9.4	9.7	9.4	9.2
2005	9.3	9.3	9.1	8.9	8.9	9.0	8.8	8.9	9.0	8.7	8.7	8.6
2006	8.4	8.4	8.2	8.1	8.2	8.4	8.5	8.4	8.0	8.2	8.1	7.9
2007	8.4	8.1	8.0	8.2	8.2	8.3	8.4	8.5	8.4	8.4	8.5	8.8
2008	9.1	8.9	9.0	9.2	9.7	10.1	10.5	10.9	11.2	11.9	12.7	13.6
2009	14.1	15.0	15.6	15.8	16.4	16.6	16.5	16.8	17.0	17.4	17.1	17.2
2010	16.5	16.8	16.8	17.0	16.5	16.5	16.5	16.7	17.1	17.0	17.0	16.7
2011	16.1

Yes, I know the Gallup numbers are not seasonally adjusted nor to my knowledge are they politically adjusted.

The Associated Press actually reported that the decline in the unemployment rates was the fastest in more than half a century.

AP Top Stories

Really.

At this rate by May the unemployment rate will be under 8.0% and the pace in the drop in unemployment rate will be the fastest in a century–truly unbelieveable.

Some economists blame it on snow, others consider it to be a snow job!

The American people people are being lied to once again by the Obama Administration.

This is par for the course where you find Barack Obama playing the game.

The hardest hit by unemployment are 16-19 yearolds, blacks and hispanics with unemployment rates of 25.7%, 15.7% and 11.9% in January 2011 respectively.

Unemployment Rate – 16-19 yrs.

Series Id:           LNS14000012
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate - 16-19 yrs.
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 to 19 years



Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Annual




2001
13.8
13.7
13.8
13.9
13.4
14.2
14.4
15.6
15.2
16.0
15.9
17.0
 


2002
16.5
16.0
16.6
16.7
16.6
16.7
16.8
17.0
16.3
15.1
17.1
16.9
 


2003
17.2
17.2
17.8
17.7
17.9
19.0
18.2
16.6
17.6
17.2
15.7
16.2
 


2004
17.0
16.5
16.8
16.6
17.1
17.0
17.8
16.7
16.6
17.4
16.4
17.6
 


2005
16.2
17.5
17.1
17.8
17.8
16.3
16.1
16.1
15.5
16.1
17.0
14.9
 


2006
15.1
15.3
16.1
14.6
14.0
15.8
15.9
16.0
16.3
15.2
14.8
14.6
 


2007
14.8
14.9
14.9
15.8
15.9
16.3
15.3
15.9
16.0
15.4
16.2
16.8
 


2008
17.8
16.5
16.0
15.8
19.0
19.2
20.8
18.7
19.2
20.0
20.3
20.6
 


2009
20.8
21.9
22.1
22.1
23.3
24.6
24.4
25.4
26.1
27.1
26.9
26.8
 


2010
26.2
25.0
26.0
25.4
26.4
25.8
26.1
26.2
26.0
27.1
24.5
25.4
 


2011
25.7

Unemployment Rate – Black or African American

Series Id:           LNS14000006
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate - Black or African American
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over
Race:                Black or African American

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	8.2	7.7	8.3	8.0	7.9	8.3	8.0	9.1	8.9	9.5	9.8	10.1
2002	10.0	9.9	10.5	10.7	10.2	10.5	9.8	9.8	9.7	9.8	10.7	11.3
2003	10.5	10.7	10.3	10.9	10.9	11.5	10.9	10.9	11.1	11.4	10.2	10.1
2004	10.4	9.7	10.3	9.8	10.1	10.2	11.0	10.5	10.3	10.8	10.7	10.7
2005	10.6	10.9	10.5	10.3	10.1	10.2	9.2	9.7	9.4	9.1	10.6	9.2
2006	8.9	9.5	9.5	9.4	8.7	8.9	9.5	8.8	9.0	8.4	8.5	8.3
2007	7.9	8.0	8.3	8.3	8.3	8.5	8.1	7.7	8.1	8.5	8.5	9.0
2008	9.1	8.3	9.1	8.6	9.6	9.5	10.0	10.7	11.4	11.4	11.5	12.1
2009	12.7	13.6	13.5	15.0	15.0	14.9	14.8	15.0	15.4	15.8	15.7	16.2
2010	16.4	15.8	16.5	16.5	15.5	15.4	15.7	16.2	16.1	15.7	16.0	15.8
2011	15.7

Unemployment Rate – Hispanic or Latino

Series Id:           LNS14000009
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate - Hispanic or Latino
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over
Ethnic origin:       Hispanic or Latino

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	5.8	6.1	6.2	6.4	6.3	6.6	6.2	6.5	6.7	7.1	7.3	7.7
2002	7.8	7.0	7.5	8.0	7.1	7.4	7.4	7.5	7.4	7.9	7.8	7.9
2003	7.9	7.6	7.8	7.6	8.1	8.4	8.1	7.7	7.3	7.4	7.5	6.6
2004	7.4	7.4	7.5	7.1	7.0	6.6	6.9	6.8	6.9	6.7	6.7	6.5
2005	6.2	6.4	5.8	6.4	5.9	5.7	5.5	5.8	6.5	5.9	6.2	6.1
2006	5.7	5.5	5.2	5.3	4.9	5.2	5.3	5.3	5.5	4.7	5.1	5.0
2007	5.7	5.3	5.1	5.4	5.8	5.6	5.9	5.5	5.8	5.6	5.8	6.3
2008	6.4	6.2	6.9	6.9	6.9	7.7	7.6	8.1	8.0	8.9	8.7	9.4
2009	9.9	11.1	11.5	11.4	12.8	12.2	12.5	13.1	12.7	13.1	12.6	12.8
2010	12.5	12.3	12.5	12.4	12.4	12.4	12.1	12.1	12.5	12.6	13.2	13.0
2011	11.9

CNN: Unemployment Disparities

US black men least likely to find employment

Does Obama ignore African Americans?

Time for a whistleblower WikiLeak to melt the snow or snow job of Obama’s unbelievable unemployment numbers.

60 Minutos – Julian Assange – Parte 01

60 Minutos – Julian Assange – Parte 02

Julian Assange – How To Leak 1/2

Julian Assange – How To Leak 2/2

New 60 Minutes Interview With Wikileaks Julian Assange

Background Articles and Videos

http://www.bls.gov/news.release/pdf/empsit.pdf

Mythical Green Shoots and the Big Government Lie on Unemployment

John Williams of Shadow Statistics (29-Dec-10)(FINANCE & ECONOMICS series)

Morning Market Update for February 4, 2011

Morning Market Update for February 3, 2011

Background Articles and Videos

Employment Situation Summary

Transmission of material in this release is embargoed USDL-10-0886

until 8:30 a.m. (EDT) Friday, July 2, 2010

Technical information:

Household data: (202) 691-6378 * cpsinfo@bls.gov * http://www.bls.gov/cps

Establishment data: (202) 691-6555 * cesinfo@bls.gov * http://www.bls.gov/ces

Media contact: (202) 691-5902 * PressOffice@bls.gov

THE EMPLOYMENT SITUATION — JUNE 2010

Total nonfarm payroll employment declined by 125,000 in June, and the

unemployment rate edged down to 9.5 percent, the U.S. Bureau of Labor

Statistics reported today. The decline in payroll employment reflected

a decrease (-225,000) in the number of temporary employees working on

Census 2010. Private-sector payroll employment edged up by 83,000.

Household Survey Data

Both the number of unemployed persons, at 14.6 million, and the unem-

ployment rate, at 9.5 percent, edged down in June. (See table A-1.)

Among the major worker groups, the unemployment rate for adult women

(7.8 percent) declined, while the rates for adult men (9.9 percent),

teenagers (25.7 percent), whites (8.6 percent), blacks (15.4 percent),

and Hispanics (12.4 percent) showed little or no change. The jobless

rate for Asians was 7.7 percent, not seasonally adjusted. (See tables

A-1, A-2, and A-3.)

In June, the number of long-term unemployed (those jobless for 27

weeks and over) was unchanged at 6.8 million. These individuals made

up 45.5 percent of unemployed persons. (See table A-12.)

The civilian labor force participation rate fell by 0.3 percentage

point in June to 64.7 percent. The employment-population ratio, at

58.5 percent, edged down over the month. (See table A-1.)

The number of persons employed part time for economic reasons (some-

times referred to as involuntary part-time workers), at 8.6 million,

was little changed over the month but was down by 525,000 over the

past 2 months. These individuals were working part time because their

hours had been cut back or because they were unable to find a full-

time job. (See table A-8.)

In June, about 2.6 million persons were marginally attached to the

labor force, an increase of 415,000 from a year earlier. (The data

are not seasonally adjusted.) These individuals were not in the labor

force, wanted and were available for work, and had looked for a job

sometime in the prior 12 months. They were not counted as unemployed

because they had not searched for work in the 4 weeks preceding the

survey. (See table A-16.)

Among the marginally attached, there were 1.2 million discouraged

workers in June, up by 414,000 from a year earlier. (The data are not

seasonally adjusted.) Discouraged workers are persons not currently

looking for work because they believe no jobs are available for them.

The remaining 1.4 million persons marginally attached to the labor

force had not searched for work in the 4 weeks preceding the survey

for reasons such as school attendance or family responsibilities.

(See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment decreased by 125,000 in June, re-

flecting the departure of 225,000 temporary Census 2010 workers from

federal government payrolls. Total private employment edged up over

the month (+83,000) due to modest increases in several industries.

So far this year, private-sector employment has increased by 593,000

but in June was 7.9 million below its December 2007 level. (See

table B-1.)

Within leisure and hospitality, employment rose over the month by

28,000 in amusements, gambling, and recreation.

Within professional and business services, employment continued to

increase in temporary help services (+21,000). Employment in tem-

porary help has risen by 379,000 since a recent low in September

2009. Elsewhere in professional and business services, management

and technical consulting (+11,000) and business support services

(+7,000) also added jobs over the month.

In June, transportation and warehousing added 15,000 jobs. Since a

recent low in February, this industry has added 44,000 jobs.

Health care employment edged up in June (+9,000). Over the past 12

months, the industry has gained 217,000 jobs.

Mining employment continued to trend up in June (+6,000); the indus-

try has gained 56,000 jobs since October 2009. Within mining, sup-

port activities added 7,000 jobs in June.

Manufacturing employment continued to trend up over the month (+9,000).

The industry has added 136,000 jobs since December 2009.

Construction employment decreased by 22,000 in June, with the largest

decline in nonresidential specialty trade contracting. On net, con-

struction employment has shown little change over the last 4 months.

Employment in other private-sector industries, including wholesale

trade, retail trade, information, and financial activities showed

little change in June.

Government employment fell by 208,000 in June, driven by the loss of

225,000 temporary workers hired for Census 2010. Employment in both

state and local governments was little changed over the month.

In June, the average workweek for all employees on private nonfarm pay-

rolls decreased by 0.1 hour to 34.1 hours. The manufacturing workweek

for all employees decreased by 0.5 hour to 40.0 hours; this followed an

increase of 0.4 hour in May. The average workweek for production and

nonsupervisory employees on private nonfarm payrolls was unchanged at

33.4 hours in June. (See tables B-2 and B-7.)

Average hourly earnings of all employees in the private nonfarm sector

decreased by 2 cents, or 0.1 percent, to $22.53 in June. Over the past

12 months, average hourly earnings have increased by 1.7 percent. In

June, average hourly earnings of private-sector production and non-

supervisory employees were unchanged at $19.00. (See tables B-3 and

B-8.)

The change in total nonfarm payroll employment for April was revised

from +290,000 to +313,000, and the change for May was revised from

+431,000 to +433,000.

____________

The Employment Situation for July is scheduled to be released on Friday,

August 6, 2010, at 8:30 a.m. (EDT).

Background Articles and Videos

Ron Paul’s State of the Republic Speech (1 of 3)

Ron Paul’s State of the Republic Speech (2 of 3)

Ron Paul’s State of the Republic Speech (3 of 3)

CONSUMER PRICE INDEX – JANUARY 2010

“…On a seasonally adjusted basis, the January Consumer Price Index for All Urban Consumers (CPI-U)

rose 0.2 percent, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the index

increased 2.6 percent before seasonal adjustment.

The seasonally adjusted increase in the all items index was due to a rise in the energy index. An increase

in the gasoline index was the main factor, and the indexes for fuel oil and natural gas rose as well,

though the electricity index declined.

The index for all items less food and energy fell 0.1 percent in January. This decline was largely the

result of decreases in the indexes for shelter, new vehicles, and airline fares. In contrast, the medical care

index posted its largest increase since January 2008, and the index for used cars and trucks increased

significantly for the sixth month in a row.

The food index increased in January, with the food at home component posting its largest increase since

September 2008. Sharp increases in the indexes for dairy and related products and for fruits and

vegetables accounted for most of the increase. …”

“…Food

The food index rose 0.2 percent in January. The food at home index increased 0.4 percent, with four of

percent in January, but still has declined over the past 12 months. The index for fruits and vegetables

increased 1.3 percent due to a 2.8 percent increase in the index for fresh fruits. The index for meats,

poultry, fish, and eggs rose 0.4 percent and the index for nonalcoholic beverages advanced 0.2 percent.

The indexes for cereals and bakery products declined in January, falling 0.5 percent, and the index for

other food at home declined 0.3 percent. The index for food away from home increased 0.1 percent in

January. Over the last 12 months, the food index has declined 0.4 percent with the food at home index

down 2.0 percent and the index for food away from home up 1.6 percent.

Energy

The energy index rose 2.8 percent in January, its ninth consecutive increase. The index for energy

commodities increased 4.9 percent, with the gasoline index rising 4.4 percent. The index for household

energy rose 0.5 percent in January. The fuel oil index increased 6.1 percent and the index for natural gas

rose 3.5 percent, while the electricity index declined 1.1 percent. Over the past 12 months, the energy

index has risen 19.1 percent, with the gasoline index up 51.3 percent but the index for household energy

down 3.5 percent.

All itmes less food d and energy

The index for all items less food and energy declined 0.1 percent in January after rising 0.1 percent in

December. The shelter index declined 0.5 percent. The index for lodging away from home fell 2.1

percent, while the rent index was unchanged and the index for owners’ equivalent rent declined 0.1

percent. The index for new vehicles fell 0.5 percent, its second consecutive decline, and the index for

airline fares turned down in January, falling 2.5 percent after increasing in each of the past six months.

The indexes for household furnishings and operations, for apparel, and for recreation all decreased 0.1

percent in January. In contrast, the medical care index rose 0.5 percent. The index for medical care

commodities rose 0.7 percent and the medical care services index advanced 0.5 percent. Also increasing

was the index for used cars and trucks, which rose 1.5 percent in January and has increased 12.9 percent

over the past six months. The index for all items less food and energy has risen 1.6 percent over the past

12 months.

Not seasonally adjusted CPI measures

The Consumer Price Index for All Urban Consumers (CPI-U) increased 2.6 percent over the last 12

months to an index level of 216.687 (1982-84=100). For the month, the index increased 0.3 percent prior

to seasonal adjustment.

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 3.3 percent

over the last 12 months to an index level of 212.568 (1982-84=100). For the month, the index increased

0.4 percent prior to seasonal adjustment. …”

http://www.bls.gov/news.release/pdf/cpi.pdf

Current Consumer Price Index

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Ave
2009	211.143	212.193	212.709	213.240	213.856	215.693	215.351	215.834	215.969	216.177	216.330	215.949	NA
2008	211.080	211.693	213.528	214.823	216.632	218.815	219.964	219.086	218.783	216.573	212.425	210.228	215.303
2007	202.416	203.499	205.352	206.686	207.949	208.352	208.299	207.917	208.490	208.936	210.177	210.036	207.342
2006	198.3	198.7	199.8	201.5	202.5	202.9	203.5	203.9	202.9	201.8	201.5	201.8	201.6
2005	190.7	191.8	193.3	194.6	194.4	194.5	195.4	196.4	198.8	199.2	197.6	196.8	195.3
2004	185.2	186.2	187.4	188.0	189.1	189.7	189.4	189.5	189.9	190.9	191.0	190.3	188.9
2003	181.7	183.1	184.2	183.8	183.5	183.7	183.9	184.6	185.2	185.0	184.5	184.3	183.96
2002	177.1	177.8	178.8	179.8	179.8	179.9	180.1	180.7	181.0	181.3	181.3	180.9	179.88
2001	175.1	175.8	176.2	176.9	177.7	178.0	177.5	177.5	178.3	177.7	177.4	176.7	177.07
2000	168.8	169.8	171.2	171.3	171.5	172.4	172.8	172.8	173.7	174.0	174.1	174.0	172.2
Get more Historical Data from InflationData.com

Consumer Price Index- All Urban Consumers- Not Seasonally Adjusted – (CPI-U) – Base Period : 1982-84=100
Note: NA means data has not been released yet. Effective January 2007 the BLS began Publishing the CPI to 3 decimal places.
However, InflationData.com is still the only place to get Inflation Rates calculated to 2 decimal places.http://inflationdata.com/inflation/Consumer_Price_Index/CurrentCPI.asp

Producer Price Index News Release text



Transmission of material in this release is embargoed until USDL-10-0206 8:30 a.m. (EST), Thursday, February 18, 2010 Technical information: (202) 691-7705 * ppi-info@bls.gov * www.bls.gov/ppi Media contact: (202) 691-5902 * PressOffice@bls.gov PRODUCER PRICE INDEXES - JANUARY 2010 The Producer Price Index for Finished Goods rose 1.4 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This increase followed a 0.4-percent advance in December and a 1.5-percent rise in November. In January, at the earlier stages of processing, prices received by manufacturers of intermediate goods climbed 1.7 percent, and the crude goods index jumped 9.6 percent. On an unadjusted basis, prices for finished goods moved up 4.6 percent for the 12 months ended January 2010, their third consecutive 12-month increase. (See table A.)

http://www.bls.gov/news.release/ppi.nr0.htm



Exploding Inflation & Higher Interest Rates Coming



“…It’s been forecast by everyone but those beating the Obama Democratic drums. Even today, many pundits were saying that inflation wasn’t going to be much of a concern but then Thursday afternoon, Ben Bernanke & Boys raised the Discount Rate from .50% to .75%! This is the opening salvo of interest rates that might have to reach DOUBLE DIGITS to contain the massive printing of money that’s been going on.

The Federal Reserve decided Thursday to boost the rate banks pay for emergency loans. The action is part of a broader move to pull back the extraordinary aid it provided to fight the worst financial and economic crisis since the 1930s. The move won’t directly affect borrowing costs for millions of Americans. But with the worst of the financial crisis over, it brings the Fed’s main crisis lending program closer to normal.

The Fed decided to bump up the so-called “discount” lending rate by one-quarter point to 0.75 percent. The increase takes effect Friday.

The central bank said the action should not be viewed as a signal that it will soon boost interest rates for consumers and businesses. Want to bet? Record-low borrowing costs near zero are still needed to foster the recovery, it said. The Fed repeated its pledge to keep interest rates at “exceptionally low” levels for an “extended period.” But with unemployment still near double digits, and demand for loans remains weak, many ordinary Americans and small businesses have found it difficult to borrow. …”

http://www.articlesbase.com/economics-articles/exploding-inflation-amp-higher-interest-rates-coming-1876816.html



Glenn Beck- February 18, 2010 (Part 1/4)



Glenn Beck- February 18, 2010 (Part 2/4)



Will Bernanke Spark Inflation?-Leslie Marshall-America’s Nightly Scoreboard 2-10-10



Related Posts Pronk Palisades

President Obama Wrecking The United States Economy By Massive Government Deficit Stimulus Spending: The Result: 30 Million Americans Desperately Seeking Full Time Jobs and Over 38 Million Turn To Food Stamps–Over 13 Million Are Children–The Obama Depression–No Hope, No Change!



Food Stamps Hit Record Of 38,200,000 Americans Needing Assistance–Everbody Hates Food Stamps–Until You and Your Children Are Hungry

A New Political Party In The United States? American Citizens Alliance Party–ACAP On Government Spending, Taxes, Debt, and Regulations!



Presidential Oath Takers and Oath Breakers–Stopping The 20 Million Mexican Illegal Alien Invasion of the United States!

Cloward Piven

The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence, Spending, Deficits, Debts, Taxes And Regulations!

Cloward Piven Strategy–The Crisis Strategy Of Barack Obama

President Obama’s Cloward-Piven Strategy of Controlled Crisis Creation Crippling Capitalism–Coup D-Etat On America



Economists

The Battle For The World Economy–Videos

Frederic Bastiat–The Law–Videos

Walter Block–Videos

Walter Block–Introduction To Libertarianism–Videos

Yaron Brook–Videos

Thomas DiLorenzo–The Economic Model of the Fascist State–Videos

Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

David Gordon–Five Best Books on the Current Crisis–Video

David Gordon–The Confused Literature of Globalization–Videos

Friedrich Hayek–Videos

Henry Hazlitt–Economics In One Lesson–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

Jörg Guido Hülsmann–The Ethics of Money Production–Videos

Jörg Guido Hülsmann–The Life and Work of Ludwig von Mises–Videos

Milton Friedman–Videos

Milton Friedman on Education–Videos

Milton Friedman–Debate In Iceland–Videos

Milton Friedman–Free To Choose–On Donahue –Videos

Israel Kirzner–On Entrepreneurship–Vidoes

Liberal Fascism–Jonah Goldberg–Videos

Ludwig von Mises–Videos

Robert P. Murphy–Videos

The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand

George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos

Murray Rothbard–Videos

Murray Rothbard–Libertarianism–Video

Rothbard On Keynes–Videos

Murray Rothbard– What Has Government Done to Our Money?–Videos

Peter Schiff–Videos

Schiff, Forbers and Bloomberg Nail The Financial Crisis and Recession–Mistakes Were Made–Greed, Arrogance, Stupidity–Three Chinese Curses!

Larry Sechrest–The Anticapitalists: Barbarians at the Gate–Videos

L. William Seidman on The Economic Crisis: Causes and Cures–Videos

Amity Shlaes–Videos

Julian Simon–Videos

Thomas Sowell and Conflict of Visions–Videos

Thomas Sowell On The Housing Boom and Bust–Videos

Peter Thiel–Videos

Thomas E. Woods, Jr.–Videos

Thomas E. Woods–The Economic Crisis and The Federal Reserve–Videos

Tom Woods–Lectures On Liberty–Videos

Tom Woods–Smashing Myths and Restoring Sound Money–Videos

Tom Wright On The FairTax–Videos

Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record



Federal Reserve System

Keynes Is Dead—-Obama Digging Up Keynes–Free Market Capitalism Lives

The Coming Inflation and A New Money Supply Backed By Real Estate?–Free Enterprise To The Rescue?

Richard Fisher–Inflation and Debt: The Interaction of Fiscal and Monetary Policy –Videos

Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record

Banking–Videos

Creature from Jekyll Island: The Federal Reserve System–Videos

The Monopoly Men: The Federal Reserve Bank Cartel–Videos

M3 Money Meteorite Moves–Deep Impact–The Coming Inflation Tidal Wave–Wage and Price Controls Will Signal Radical Socialist Obama’s Failure!

Murray Rothbard– What Has Government Done to Our Money?–Videos



Ludwig von Mises Institute

Tom Woods and Murry Rothbard on Keynesian Predictions vs. American History–Lessons President Obama Never Learned–Videos

Our Enemy, Inflation–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

Murray Rothbard–Videos

Murray Rothbard– What Has Government Done to Our Money?–Videos

Thomas E. Woods, Jr.–Videos



Read Full Post | Make a Comment ( 2 so far )

The Obama Depression Has Arrived: 15,000,000 to 25,000,000 Unemployed Americans–Stimulus Package and Bailouts A Failure–400,000 Leave Labor Force In July!

Posted on August 6, 2009. Filed under: Blogroll, Climate, Communications, Crime, Economics, Education, Employment, Fiscal Policy, government spending, Immigration, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Psychology, Quotations, Rants, Raves, Regulations, Resources, Taxes, Video, Wisdom | Tags: BLS, Bureau of Labor Force, Cap and Trade Energy Tax, Cheating, Corruption, depression, Government Health Care, Illegal Aliens, illegal immigration, Labor Force, Lying, Obama Care, Obama Depression, President Obama, Recession, Taxes, Unemployment Rates |

Revised and Updated

whistle

“Figures often beguile me, particularly when I have the arranging of them myself; in which case the remark attributed to Disraeli would often apply with justice and force: “There are three kinds of lies: lies, damned lies and statistics.”

~Mark Twain

All Tables from Bureau of Labor Statistics

Labor Force Statistics from the Current Population Survey

http://data.bls.gov/cgi-bin/surveymost?ln

Is unemployment up or down?

“…The July unemployment came out of the Labor Department on Friday, and showed unemployment was down. The White House and Obama fans cheered that the stimulus was working.

Two days before, two other studies had a gloomier report. ADP, the payroll processing giant, announced that there were 371,000 fewer jobs in July than in June. ISM, the Institute for Supply Management, showed the services market slowing.

So, two industry watchers say things are sucking wind, but the Obama Administration says their stimulus is working. When Glenn Beck and Bob Basso scream that we’re being lied to, it’s easy to discount them. Obama’s chief spokesman lamented that we’re not “civil” in our tone. …”

In-Depth Look – US Unemployment Rate – Bloomberg

In-Depth Look – Jobs Report Preview – Bloomberg

Hours Worked & Wages – Bloomberg

Economic Expectations – Unemployment Rate May Reach 15% – Bloomberg

pt 1/2 Marc Faber the real unenmployment in the US 17%

pt 2/2 Marc Faber the real unenmployment in the US 17%

2009-10 Total DECLINE for US Jim ROGERS 1

2009-10 Total DECLINE for US Jim ROGERS 2

Recovery Has Begun?

Unemployment Rate–U-3

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Series Id: LNS14000000 Seasonal Adjusted Series title: (Seas) Unemployment Rate Labor force status: Unemployment rate Type of data: Percent Age: 16 years and over
1999	4.3	4.4	4.2	4.3	4.2	4.3	4.3	4.2	4.2	4.1	4.1	4.0
2000	4.0	4.1	4.0	3.8	4.0	4.0	4.0	4.1	3.9	3.9	3.9	3.9
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.2	5.4	5.2	5.2	5.1	5.1	5.0	4.9	5.0	5.0	5.0	4.8
2006	4.7	4.8	4.7	4.7	4.7	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.5	4.6	4.7	4.7	4.7	4.8	4.7	4.9
2008	4.9	4.8	5.1	5.0	5.5	5.6	5.8	6.2	6.2	6.6	6.8	7.2
2009	7.6	8.1	8.5	8.9	9.4	9.5	9.4

Labor Force Statistics from the Current Population Survey

Employed

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Series Id: LNS12000000 Seasonal Adjusted Series title: (Seas) Employment Level Labor force status: Employed Type of data: Number in thousands Age: 16 years and over
1999	133027	132856	132947	132955	133311	133378	133414	133591	133707	133993	134309	134523
2000	136559(1)	136598	136701	137270	136630	136940	136531	136662	136893	137088	137322	137614
2001	137778	137612	137783	137299	137092	136873	137071	136241	136846	136392	136238	136047
2002	135701	136438	136177	136126	136539	136415	136413	136705	137302	137008	136521	136426
2003	137417(1)	137482	137434	137633	137544	137790	137474	137549	137609	137984	138424	138411
2004	138472(1)	138542	138453	138680	138852	139174	139556	139573	139487	139732	140231	140125
2005	140246(1)	140377	140626	141243	141600	141711	142029	142434	142407	142551	142555	142783
2006	143129(1)	143424	143713	143763	144092	144358	144247	144644	144806	145289	145587	145989
2007	145983(1)	145992	146267	145647	145915	146057	145972	145732	146203	145867	146665	146294
2008	146317(1)	146075	146023	146257	145974	145738	145596	145273	145029	144657	144144	143338
2009	142099(1)	141748	140887	141007	140570	140196	140041
1 : Data affected by changes in population controls.

While most reports stated that the official US unemployment rate (U-3) hit 9.4%, in July, few reported that this represents nearly 15,000,000 unemployed Americans.

This represents a .1% decline in the unemployment rate from 9.5% in June to 9.4% in July or roughly 150,000 less Americans unemployed.

But something very fishy is going on when you examine the total civilian labor force level numbers.

Civilian Labor Force

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Series Id: LNS11000000 Seasonal Adjusted Series title: (Seas) Civilian Labor Force Leve5 Labor force status: Civilian labor force Type of data: Number in thousands Age: 16 years and over
1999	139003	138967	138730	138959	139107	139329	139439	139430	139622	139771	140025	140177
2000	142267(1)	142456	142434	142751	142388	142591	142278	142514	142518	142622	142962	143248
2001	143800	143701	143924	143569	143318	143357	143654	143284	143989	144086	144240	144305
2002	143883	144653	144481	144725	144938	144808	144803	145009	145552	145314	145041	145066
2003	145937(1)	146100	146022	146474	146500	147056	146485	146445	146530	146716	147000	146729
2004	146842(1)	146709	146944	146850	147065	147460	147692	147564	147415	147793	148162	148059
2005	148005(1)	148349	148366	148926	149273	149262	149445	149794	149977	150007	150095	150002
2006	150148(1)	150600	150793	150906	151120	151398	151414	151762	151680	152027	152425	152677
2007	153012(1)	152879	153004	152522	152759	153085	153101	152855	153424	153162	153877	153836
2008	153873(1)	153498	153843	153932	154510	154400	154506	154823	154621	154878	154620	154447
2009	153716(1)	154214	154048	154731	155081	154926	154504

The total civilian labor force level dropped by over 400,000 from 154,926,000 in June to 154,504,000 in July.

Keep in mind that a .1 change in the unemployment rate represents approximately 155,000 people or .1 of the total civilian labor force.

While the civilian labor force number will fluctuate from month to month, the general trend is upwards if a nation’s labor force population is growing.

Further, the total civilian labor force will also fluctuate as the labor participation rate increases or decreases.

For the United States in recent years the labor pariticpation rate has usually fluctuated between 66% to 67%.

One would expect the labor force participation rate to fall as it becomes more difficult to find a job in a recession.

The labor force participation rate for 2009 has been in the 65.5% to 65.8% range with the current civilian labor force participation rate at it lowest 65.5%.

Civilian Labor Force Participtation Rate

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Series Id: LNS11300000 Seasonal Adjusted Series title: (Seas) Labor Force Participation Rate Labor force status: Civilian labor force participation rate Type of data: Percent Age: 16 years and over
1999	67.2	67.2	67.0	67.1	67.1	67.1	67.1	67.0	67.0	67.0	67.1	67.1
2000	67.3	67.3	67.3	67.3	67.1	67.1	66.9	66.9	66.9	66.8	66.9	67.0
2001	67.2	67.1	67.2	66.9	66.7	66.7	66.8	66.5	66.8	66.7	66.7	66.7
2002	66.5	66.8	66.6	66.7	66.7	66.6	66.5	66.6	66.7	66.6	66.4	66.3
2003	66.4	66.4	66.3	66.4	66.4	66.5	66.2	66.1	66.1	66.1	66.1	65.9
2004	66.1	66.0	66.0	65.9	66.0	66.1	66.1	66.0	65.8	65.9	66.0	65.9
2005	65.8	65.9	65.9	66.1	66.1	66.1	66.1	66.2	66.2	66.1	66.1	66.0
2006	66.0	66.1	66.1	66.1	66.2	66.2	66.1	66.2	66.1	66.2	66.3	66.4
2007	66.3	66.2	66.2	66.0	66.0	66.1	66.0	65.8	66.0	65.8	66.1	66.0
2008	66.1	65.9	66.0	66.0	66.2	66.1	66.1	66.1	66.0	66.0	65.8	65.7
2009	65.5	65.6	65.5	65.8	65.9	65.7	65.5

Ask most economists about when can you expect a decline in the unemployment rate, they will quickly point out that the unemployment rate is a lagging indicator and it usually requires about a 2.5% growth rate in Gross Domestic Product to absorb new entrants into the labor market and productivity gains before you can see any significant decline in the unemployment rates:

NEWSHOUR | Bernanke, On The Record, Part 2 | PBS

The United States economy will not be growing at a 2.5% annual rate or higher until the second quarter of 2010 at the earlest.

This is the second month in a row when the official unemployment rate measured by U-3 was lower than most economic forecasts that were expecting a 9.6% to 9.8% rate for June and July.

Please keep in mind that like weather and climate forecasts or predictions, economic forecasts are constantly changing.

Some are suspecting that the unemployment rate numbers may not only be seasonally adjusted but also politically adjusted to minimize the bad news about the lack of job creation.

While I seriously doubt this for now, most economists will be examining closely the numbers to make sure that the unemployment rate number is still an honest indicator of what is happening in the civilian labor markets.

Even fewer reports highlighted the fact that the real unemployment rate measured by U-6 is actually closer to 16.5% with 25,000,000 Americans looking for a full time job.

The U-6 measure of unemployment declined slightly in July to 16.3% .

Total Unemployed, Plus All Marginaly Attached Workers Plus Total Employed Part Time for Economic Reasons

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Series Id: LNS13327709 Seasonal Adjusted Series title: (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers Labor force status: Aggregated totals unemployed Type of data: Percent Age: 16 years and over Percent/rates: Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached
1999	7.7	7.7	7.6	7.6	7.4	7.5	7.5	7.3	7.4	7.2	7.1	7.1
2000	7.1	7.2	7.1	6.9	7.1	7.0	7.0	7.1	7.0	6.8	7.1	6.9
2001	7.3	7.4	7.3	7.4	7.5	7.9	7.8	8.1	8.7	9.3	9.4	9.6
2002	9.5	9.5

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2001	4.2	4.2	4.3	4.4	4.3	4.5	4.6	4.9	5.0	5.3	5.5	5.7
2002	5.7	5.7	5.7	5.9	5.8	5.8	5.8	5.7	5.7	5.7	5.9	6.0
2003	5.8	5.9	5.9	6.0	6.1	6.3	6.2	6.1	6.1	6.0	5.8	5.7
2004	5.7	5.6	5.8	5.6	5.6	5.6	5.5	5.4	5.4	5.5	5.4	5.4
2005	5.3	5.4	5.2	5.2	5.1	5.0	5.0	4.9	5.0	5.0	5.0	4.9
2006	4.7	4.8	4.7	4.7	4.6	4.6	4.7	4.7	4.5	4.4	4.5	4.4
2007	4.6	4.5	4.4	4.5	4.4	4.6	4.7	4.6	4.7	4.7	4.7	5.0
2008	5.0	4.8	5.1	4.9	5.4	5.6	5.8	6.1	6.2	6.6	6.8	7.3
2009	7.8	8.2	8.6	8.9	9.4	9.5	9.5	9.7	9.8	10.1	9.9	9.9
2010	9.7	9.7	9.7	9.8	9.6	9.5	9.5	9.6	9.6	9.7	9.8	9.4
2011	9.0	8.9	8.8	9.0

DOW hits 15000, NASDAQ hits 12 year high

May 3rd 2013 CNBC Stock Market Squawk Box (April Jobs Report)

Jobless Rate Falls to Four-Year Low, and More

Jobs Pop, Unemployment Rate Drops

Data extracted on: May 3, 2013 (11:51:32 AM)

Labor Force Statistics from the Current Population Survey

Employment Level

143,579,000

Civilian Labor Force Level

155,238,000

Labor Force Participation Rate

63.3%

Unemployment Level

11,659,000

Unemployment Rate U-3

7.5%

16-19 Years (Teenage) Unemployment Rate

24.1%

Average Weeks Unemployed

36.5%

Unemployment Level New Entrants

Not in Labor Force, Search For Work and Available

2,347,000

Not in Labor Force, Searched for Work and Available,

Discouraged Reasons For Not Currently Looking

835,000

Total Unemployment Rate U-6

13.9%

Background Articles and Videos

Employment Situation Summary

Employment Situation Summary Table A. Household data, seasonally adjusted

Employment Situation Summary Table B. Establishment data, seasonally adjusted

Job Gains Slow as Unemployment Rate Falls

ECONOMIC CRASH WORLDWIDE STARTING

Peter Schiff explains how a US depression can cause a global ‘death spiral’

EXPERT Peter Schiff Says Economic Collapse Is Coming And Is HERE NOW

FTSE takes a tumble before US jobs data – IG’s morning market headlines 05.04.13

Latest: Unemployment Numbers

Employment-population Ratio

16 years and over

Labor Force Statistics from the Current Population Survey

Employment Level

143,286,000 March 2013

146,595,000 Nov. 2007 Peak of Boom

Civilian Labor Force

155,028,000 March 2013

153,845,000 Nov. 2008

Civilian Labor Force Participation Rate

63.3% March 2013

66.0% Nov. 2007

63.3% May 1979

Unemployment Level

11,742,000 March 2013

7,240,000 Nov. 2007

U-3 Unemployment Rate

7.6% March 2013

4.7% Nov. 2007

U-6 Total Unemployment Rate

13.8% March 2013

88.4% Nov. 2007

Employment Situation Summary

Employment Situation Summary Table A. Household data, seasonally adjusted

Employment Situation Summary Table B. Establishment data, seasonally adjusted

Discouraged Worker

Further reading

External links

United States

Unemployment rate falls to 7.7 percent

America Live | New Concerns Over High Jobless Rate for Young Veterans, 8 MAR 2013

US Adds 236K Jobs, Unemployment Falls to 7.7 Pct

Employment Level

143,492,000

Labor Force Statistics from the Current Population Survey

Civilian Labor Force Level

155,524,000

Civilian Labor Force Participation Rate

63.5%

Unemployment Level

12,032,000

Unemployment Rate U-3