Archive for January 8th, 2010

Homeland Security Under Progressive Radical Socialists–Another Obama Union Payoff!

Posted on January 8, 2010. Filed under: Blogroll, Communications, Culture, Economics, Education, Employment, Fiscal Policy, Foreign Policy, government spending, Language, Law, liberty, Life, Links, Monetary Policy, People, Philosophy, Politics, Psychology, Quotations, Rants, Raves, Regulations, Religion, Video, Wisdom | Tags: , , , , , , |

 

Glenn Beck Show – January 8, 2010 – Pt 4 of 8

Glenn Beck Show – January 8, 2010 – Pt 5 of 8

 

Glenn Beck Show – January 8, 2010 – Pt 6 of 8

Glenn Beck Show – January 8, 2010 – Pt 7 of 8

Glenn Beck Show – January 8, 2010 – Pt 8 of 8

Jim Demint – Obama Wants Union Bosses To Run TSA

AFGE Role as TSA Union Highlighted in CNN Interview

Background Articles and Videos

 

 

Glenn Beck Show – January 8, 2010 – Pt 1 of 8

Glenn Beck Show – January 8, 2010 – Pt 2 of 8

Glenn Beck Show – January 8, 2010 – Pt 3 of 8

Related Posts On Pronk Palisades

Barack Obama

Obama’s Economic Policies of Bailouts, Stimulus Packages, Political Payoffs and Higher Minimum Wages Results In Higher Unemployment Rates For Teenagers, Blacks and Hispanics–Over 26 Million Americans Seeking Full Time Employment!–More Than Double The Worse Month of Great Depression!

President Barack Obama’s Role Model–President Franklin D. Roosevelt–The Worse President For The U.S. and World Economies and The American People–With The Same Results–High Unemployment Rates–Over 25 Million American Citizens Seeking Full Time Jobs Today–Worse Than The Over 13 Million Seeking Jobs During The Worse of The Great Depression!

Obama’s Big Whopper–”The largest deficit reduction plan in a decade.”–Delusional Deceitful Democrats–Massive Tax Increases and Economy Wrecker–Health Care Bill If Passed Is Unconstitutional!

Progressive Radical Socialist Health Care Plan Written In Prison By Convicted ACORN Felon Richard Creamer!

Voters Beware: The Radical Rules of Saul Alinsky and Leftist Democrats

President Obama’s Cloward-Piven Strategy of Controlled Crisis Creation Crippling Capitalism–Coup D-Etat On America 

Cloward Piven Strategy–The Crisis Strategy Of Barack Obama

The Obama Depression: Lessons Learned–Deja Vu!

Official Unemployment Rate Hits 10.2%–15,700,000 Unemployed American Citizens–Real Unemployment Rate Hits 17.5%– 26,950,000 Americans Seeking Full Time Jobs–Obama Depression Worse Than Great Depression

Second Amendment–Gun Control–The Joyce Foundation–Obama–Death By Gun Control and Political Correctness–Ft. Hood’s 9/11

Obama’s Plea for Ideas As Jobless Recovery Gets Worse–Massive Government Stimulus Spending Pump Priming Not Working–Go For FairTax, Nuclear Power and Criminal Alien Removal!

Obama’s Trick On The American People: Health Insurance Reform=Huge Hikes in Taxes and Premiums for Health Insurance and Massive Medicare Funding and Payment Reimbursement Cuts–Congressional Coercion–It’s Alive!

Rose Colored Glasses:The Economy Is Recovering–Where Are The Jobs? When Will Inflation Hit? 2012–Election Year!

The Coming Inflation and A New Money Supply Backed By Real Estate?–Free Enterprise To The Rescue?

White House Teamwork–The Chicago Way–Who Will White House Wackos Wack?–Watchdogs!

Progressive Radical Socialist Canned Criticism of American People: Danger, Profits, and Wrong Thinking

The Obama Depression Continues–Official Unemployment Hits Rate 9.8% (15,142,000 Seek Full Time Job) and Real Unemployment Rate Hits 17.0% (26,181,000 Seek Full Time Job)!

Guns and Butter–War and Peace–Victory or Defeat–Commander-in-Chief or Cheer Leader?

“We Can Reverse Climate Change”–President Barack Obama–Liar or Fool–Or Both–You Be The Judge!

Obama–Corruption Kingpin–Campaign Contributions and Support for Government Payoffs and Subsidies–Stealing From The American People To Payoff Obama’s Pals

Hype: The Obama Effect–Videos

Crime–Corruption–Organized Crime–ACORN–Taxes–Obama Connected And Trained

The Arrogance of President Obama: Hectoring Habitual Liar

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Obama’s Civilian National Security Force–Youth Corp Wave–Friendly Fascism Faces–Cons–Crooks–Communists–Communities–Corps!

Obama’s Hidden Agenda and Covert Cadre of Marxists, Communists, Progressives, Radicals, Socialists–Far Left Democrats Destroying Capitalism and The American Republic

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Public Option = Government Option = Pathway to Single Payer = Single Payer = Socialized Medicine = Blue Pill = Poison Pill

Obama: First We Kill The Babies, Then We Kill The Elderly, Then We Kill The Veterans–Your Life, Your Choices–Your Time Is Up!

This Joker Is A Lost Cause: Keeping President Obama Honest on Health Care–Let’s But A Smile On That Face–Staying Alive

The American People Believe The Government Public Option Plan Is The Path To The Single Payer Government Plan–Socialized Medicine–Obama Caught Lying To The American People!

The American People Confront Obama’s Red Shirts (ACORN) and Purple Shirts (SEIU)–Bullhorns and Beatings Over Obama Care!

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!

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Obama Youth–Civilian National Security Force–National Socialism–Hitler Youth–Brownshirts– Redux?–Collectivism!

Obama’s Waterloo– Government Compulsory Single Payer Socialized Medicine!–Videos

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Discover The Left’s Organized Crime Network–Crime Pays–Organized Crimes Pays More–Apply for Census Taker Jobs!

Chairman Obama’s Progressive Radical Socialist Health Care Bill Kills Individual Private Health Care Insurance–Join The Second American Revolution!

President Obama: A Teleprompter, A Teleprompter, My Popularity for A Teleprompter!

President Barack Obama Beats It–President Franklin Roosevelt Record–Worse Unemployment Numbers Since 1933–14,700,000 Unemployed Americans Greater than 13,000,000 in 1933!

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United States Economic Depressions–The Good, The Bad, and The Ugly–Obama’s Depression–Over 15,000,000 Americans Seek Full Time Job!

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George Soros: Barack Obama’s Money Man and Agenda Puppeter

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President Obama–Killer of The American Dream and Market Capitalism–Stop The Radical Socialists Before They Kill You!

A Fiscally Responsible President or The Flim-Flam Man–Never Trust A Lying Radical Socialist!

New Presidential Helicopters Modified for Conformal Fuel Tanks That Will Dispense Money!

President Obama’s Internet Attack On The American Family, Marriage and Values

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Eugenics, Planned Parenthood, Population Control, and Designer Babies–Videos

 

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

Obama’s Economic Policies of Bailouts, Stimulus Packages, Political Payoffs and Higher Minimum Wages Results In Higher Unemployment Rates For Teenagers, Blacks and Hispanics–Over 26 Million Americans Seeking Full Time Employment!–More Than Double The Worse Month of Great Depression!

Posted on January 8, 2010. Filed under: Blogroll, Communications, Computers, Demographics, Economics, Education, Employment, Fiscal Policy, Health Care, history, Law, liberty, Life, Links, media, Taxes, Video, Wisdom | Tags: , , , , , , , , , , |

Glenn Beck Show – January 11, 2010 part 1

85,000 Jobs Lost in December

White House: Job Growth Coming by Spring

Romer Says President Obama to Do More to Create Jobs: Video

http://www.youtube.com/watch?v=XYv1J0OHo1E

 

Pr. Obama: Jobs, Economy, Slipping American Competitiveness

Peter Van Doren on ‘Green Jobs’

Myth of Green jobs -All Pain No Gain

Mint.com shows us real unemployment rate with “Are You Unemployed”

 

John Stossel–One year later, a green jobs factory outsources it’s jobs overseas to China


 

Leo Hindery: True U.S Unemployment Rate Is About 20%

 

Barrington Says `Bottom’ in Jobs Market to Continue: Video

http://www.youtube.com/watch?v=qSkZxrYwlOI

 

 Zentner Discusses Outlook for U.S. Manufacturing Jobs: Video

http://www.youtube.com/watch?v=7LErzKXi6w0

 

Solis Says U.S. Needs to `Work Harder’ to Create Jobs: Video

http://www.youtube.com/watch?v=24CnwKIH66g 

 

Good Intentions 2of3 Minimum Wage, Licensing, and Labor Laws with Walter Williams

 

Good Intentions 3of3 The Welfare System and Conclusions with Walter Williams

Obama & Minimum Wage — Part 1

Obama & Minimum Wage — Part 2

Milton Friedman on Minimum Wage

 

`Peter Schiff: Capitalism 101 Minimum Wage


 

The  news television stations were all announcing that the the official unemployment rate or U-3 for December 2009 remained unchanged from November 2009 at 10.0%.

Few mentioned that this represents over 15.3 million Americans seeking a full time job more than during the worse month of the Great Depression in March 1933 when over 13 million Americans were seeking full time jobs.

 

Labor Force Statistics from the Current Population Survey

http://data.bls.gov/cgi-bin/surveymost

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 Annual
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 5.3 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 4.6 4.6 4.7 4.7 4.7 5.0  
2008 5.0 4.8 5.1 5.0 5.4 5.5 5.8 6.1 6.2 6.6 6.9 7.4  
2009 7.7 8.2 8.6 8.9 9.4 9.5 9.4 9.7 9.8 10.1 10.0 10.0

 

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
1999 5976 6111 5783 6004 5796 5951 6025 5838 5915 5778 5716 5653  
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 7059 7185 7075 7122 6977 6998 7154 7097 6853 6728 6883 6784  
2007 7085 6898 6725 6845 6765 6966 7113 7096 7200 7273 7284 7696  
2008 7628 7435 7793 7631 8397 8560 8895 9509 9569 10172 10617 11400  
2009 11919 12714 13310 13816 14518 14721 14534 14993 15159 15612 15340 15267  

 

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 Annual
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 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 8.0  
2007 8.3 8.1 8.0 8.2 8.2 8.2 8.3 8.5 8.4 8.4 8.5 8.8  
2008 9.1 8.9 9.0 9.2 9.7 10.0 10.5 10.9 11.2 11.9 12.8 13.7  
2009 14.0 15.0 15.6 15.8 16.4 16.5 16.4 16.8 17.0 17.4 17.2 17.3  

 

The real unemployment rate or U-6 actually increased slightly in December 2009 to 17.3%. 

The rate of 17.3% multiplied by the number of workers in the civilian work force, 153,059,000, means that over 26 million Americans were seeking full time jobs.

This is more than double the number of unemployed Americans seeking full time jobs during the worse month of the Great Depression, March, 1933!

The civilian labor force was also reduced from 153,720,000 in November 2009 to 153,059,000.

This means that over 661,000 Americans left the labor force in just one month!

In December 2008 the civilian labor force was 154,587,000 compared with 153,059,000 in December 2009.

In just one year over 1,528,000 Americans have left the civilian labor force. 

Did they really leave the civilian labor force?

While the civilian labor force does fluctuate from month to month as people enter and leave the civilian for various reasons, I suspect that progressive radical socialists at the Department of Labor and the White House have been manupulating the data to keep the unemployment rate down.

I strongly suspect that at least half of the reduction in the labor force is due to such political manipulation to get the official unemployment rate down or even decrease it.

This is especially true if President Obama has an event or speech where he wants to show progress in the employment situation.

The unemployment rates for teenagers, blacks and hispanics all  significantly rose in December 2010. 

Obamacare Punishes the Young

For teenagers age 16 through 19 the unemployment rate in December 2008 was 20.8% compared with the December 2009 unemployment rate of 27.2%.

For blacks the unemployment rate in December 2008 was 12.1% compared with the December 2009 unemployment rate of 16.2%.

For hispanics the unemployoment rate in December 2008 was 9.4% compared with the December 2009 unemployment rate of 12.9%. 

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
1999 15.2 13.9 14.2 14.2 13.3 13.9 13.4 13.3 14.8 13.8 13.9 13.4  
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 15.2 15.3 16.1 14.6 14.0 15.7 15.9 16.1 16.3 15.2 14.9 14.7  
2007 14.8 14.9 14.9 15.6 15.9 16.2 15.3 16.0 16.0 15.5 16.2 16.9  
2008 17.8 16.5 16.0 15.6 18.9 19.0 20.8 18.9 19.3 20.3 20.3 20.8  
2009 20.9 21.8 22.0 21.8 23.2 24.3 24.5 25.7 26.1 27.6 26.8 27.1  

 

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 Annual
1999 7.8 8.2 8.0 7.8 7.4 7.7 8.7 7.7 8.5 8.4 8.0 7.8  
2000 8.2 8.1 7.4 7.0 7.7 7.8 7.7 7.9 7.3 7.3 7.3 7.4  
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 9.4 9.5 9.4 8.7 8.8 9.5 8.8 9.0 8.5 8.6 8.3  
2007 8.0 8.0 8.3 8.3 8.3 8.4 8.0 7.7 8.1 8.5 8.5 9.0  
2008 9.2 8.3 9.1 8.6 9.6 9.4 9.9 10.8 11.4 11.3 11.5 12.1  
2009 12.8 13.5 13.5 15.0 15.0 14.8 14.7 15.2 15.5 15.7 15.6 16.2

 

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 Annual
1999 6.7 6.7 5.8 7.0 6.7 6.6 6.5 6.5 6.7 6.4 6.0 5.8  
2000 5.6 5.7 6.1 5.5 5.8 5.6 5.8 5.9 5.8 5.1 6.0 5.7  
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 5.2 5.3 5.5 4.7 5.1 5.0  
2007 5.7 5.2 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 7.5 8.0 8.0 8.9 8.8 9.4  
2009 9.9 11.0 11.6 11.4 12.7 12.3 12.4 13.0 12.7 13.1 12.7 12.9  

 Government intervention in the free market economy is resulting in massive unemployment of the American people.

The free market has not failed, the Federal Government led by President Obama and the Progressive Radical Socialists in Congress and the Senate have failed the American people.

The young, blacks and hispanics are slow waking up to the fact that Obama and the Progressive Radical Socialists could care less that they are unemployed.

President Obama is what Bill Gates would call a dilettante when it comes to economic policy.

Actually he is just an incompetent progressive radical socialist.

President Obama’s green jobs nonsense reminds me of Roosevelt’s TVA and will have the same economic results.

Both Presidents were clueless as to economics and job creation and were notorious habitual liars.

MAJOR REDUCTIONS IN CARBON EMISSIONS ARE NOT WORTH THE MONEY DEBATE: PETER HUBER

The American people are slowly but surely turning him off and no longer trust or believe a word President Obama says.

Join the Second American to stop Progressive Radical Socialists and their government interventionist economic pollicies that destroy jobs, wreck the economy and turn the American Dream into a nightmare.

The great Thomas Sowell talks about Obama-nomics

 

Thomas Sowell – Obama’s Vision

Background Articles and Videos

Keynesian Economics Is Wrong: Bigger Gov’t Is Not Stimulus

Eight Reasons Why Big Government Hurts Economic Growth

Economy loses 85K jobs as employers remain wary

Employers cut more jobs than expected in December, unemployment rate holds at 10 percent

By Christopher S. Rugaber, AP Economics Writer , On Friday January 8, 2010, 12:50 pm

“…Lack of confidence in the economic recovery led employers to shed a more-than-expected 85,000 net jobs in December even as the unemployment rate held at 10 percent. The rate would have been higher if more people had been looking for work instead of leaving the labor force because they can’t find jobs.

The sharp drop in the work force — 661,000 fewer people — showed that more of the jobless are giving up. Once people stop looking for jobs, they’re no longer counted among the unemployed.

When discouraged workers and part-time workers who would prefer full-time jobs are included, the so-called “underemployment” rate in December rose to 17.3 percent, from 17.2 percent in November. That’s just below a revised figure of 17.4 percent in October, the highest on records dating from 1994. …”

http://finance.yahoo.com/news/Economy-loses-more-jobs-apf-2245188994.html?x=0&.v=8

Employment Situation Summary

Transmission of material in this release is embargoed            USDL-09-1583
until 8:30 a.m. (EST) Friday, January 8, 2010

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 -- DECEMBER 2009

Nonfarm payroll employment edged down (-85,000) in December, and the unem-
ployment rate was unchanged at 10.0 percent, the U.S. Bureau of Labor Statis-
tics reported today. Employment fell in construction, manufacturing, and
wholesale trade, while temporary help services and health care added jobs.

Household Survey Data

In December, both the number of unemployed persons, at 15.3 million, and the
unemployment rate, at 10.0 percent, were unchanged. At the start of the re-
cession in December 2007, the number of unemployed persons was 7.7 million,
and the unemployment rate was 5.0 percent. (See table A-1.)

    ----------------------------------------------------------------------
   |                                                                      |
   |         Revision of Seasonally Adjusted Household Survey Data        |
   |                                                                      |
   |Seasonally adjusted household survey data have been revised using up- |
   |dated seasonal adjustment factors, a procedure done at the end of each|
   |calendar year. Seasonally adjusted estimates back to January 2005 were|
   |subject to revision. The unemployment rates for January 2009 through  |
   |November 2009 (as originally published and as revised) appear in      |
   |table B, along with additional information about the revisions.       |
   |                                                                      |
    ----------------------------------------------------------------------

Unemployment rates for the major worker groups--adult men (10.2 percent),
adult women (8.2 percent), teenagers (27.1 percent), whites (9.0 percent),
blacks (16.2 percent), and Hispanics (12.9 percent)--showed little change in
December. The unemployment rate for Asians was 8.4 percent, not seasonally
adjusted. (See tables A-1, A-2, and A-3.)

Among the unemployed, the number of long-term unemployed (those jobless for 27
weeks and over) continued to trend up, reaching 6.1 million. In December, 4 in
10 unemployed workers were jobless for 27 weeks or longer. (See table A-9.)

The civilian labor force participation rate fell to 64.6 percent in December.
The employment-population ratio declined to 58.2 percent. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes re-
ferred to as involuntary part-time workers) was about unchanged at 9.2 million
in December and has been relatively flat since 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-5.)

About 2.5 million persons were marginally attached to the labor force in
December, an increase of 578,000 from a year earlier. (The data are not sea-
sonally 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-13.)

Among the marginally attached, there were 929,000 discouraged workers in
December, up from 642,000 a year earlier. (The data are not seasonally ad-
justed.) Discouraged workers are persons not currently looking for work be-
cause they believe no jobs are available for them. The remaining 1.6 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.

Establishment Survey Data

Total nonfarm payroll employment edged down in December (-85,000). Job losses
continued in construction, manufacturing, and wholesale trade, while temporary
help services and health care continued to add jobs. During 2009, monthly job
losses moderated substantially. Employment losses in the first quarter of 2009
averaged 691,000 per month, compared with an average loss of 69,000 per month
in the fourth quarter. (See table B-1.)

Construction employment declined by 53,000 in December, with job losses
throughout the industry. Employment in construction has fallen by 1.6 mil-
lion since the recession began.

In December, employment in manufacturing decreased by 27,000. The average
monthly decline for the last 6 months of 2009 (-41,000) was much lower than
the average monthly decline for the first half of the year (-171,000). Since
the recession began, manufacturing employment has fallen by 2.1 million; three-
fourths of this drop occurred in the durable goods component (-1.6 million).

Wholesale trade employment declined by 18,000 in December, with the majority of
the decline occurring among durable goods wholesalers. Employment in retail
trade was little changed over the month, although general merchandise stores
lost 15,000 jobs.

Temporary help services added 47,000 jobs in December. Since reaching a low
point in July, temporary help services employment has risen by 166,000.

Health care employment continued to increase in December (22,000), with notable
gains in offices of physicians (9,000) and home health care services (8,000).
The health care industry has added 631,000 jobs since the recession began.

In December, the average workweek for production and nonsupervisory workers on
private nonfarm payrolls was unchanged at 33.2 hours. The manufacturing work-
week, at 40.4 hours, and factory overtime, at 3.4 hours, were unchanged over
the month. Since May, the manufacturing workweek has increased by 1.0 hour.
(See table B-2.)

In December, average hourly earnings of production and nonsupervisory workers
on private nonfarm payrolls rose by 3 cents, or 0.2 percent, to $18.80. Over
the past 12 months, average hourly earnings have risen by 2.2 percent, while
average weekly earnings have risen by 1.9 percent. (See table B-3.)

The change in total nonfarm payroll employment for October was revised from
-111,000 to -127,000, and the change for November was revised from -11,000 to
+4,000.
_____________
The Employment Situation for January is scheduled to be released on Friday,
February 5, 2010, at 8:30 a.m. (EST).
http://www.bls.gov/news.release/empsit.nr0.htm

Milton Friedman & Walter Williams On Workers Rights 1/3

Milton Friedman & Walter Williams On Workers Rights 2/3

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