Tuesday, August 7

Unemployment for July 07

Folks, it's bad out there. The only jobs available are sales and creepy companies you've already worked for. Online you find nothing but sales, and folks looking to scam you out of money while you are struggling to find work. People promise to hire you and never call back. it's depressing. Look at the data below, keeping in mind folks like me arent even in the stats nor are folks who have given up. Does your government care.....?

EMPLOYMENT SITUATION: JULY 2007 Nonfarm payroll employment continued to trend up (+92,000) in July, and theunemployment rate (4.6 percent) was essentially unchanged, the Bureau of LaborStatistics of the U.S. Department of Labor reported today. Employment grew inseveral service-providing industries. Average hourly earnings rose by 6 cents,or 0.3 percent. Unemployment (Household Survey Data) Both the number of unemployed persons (7.1 million) and the unemployment rate (4.6 percent) were about unchanged in July. The jobless rate has ranged from 4.4 to 4.6 percent since September 2006. In July, the unemployment rates for adult men (4.2 percent), teenagers (15.2 percent), whites (4.2 percent), blacks (8.0 percent), and Hispanics (5.9 percent) were little changed. The un-employment rate for adult women edged up to 4.1 percent. The unemployment rate for Asians was 3.0 percent, not seasonally adjusted. (See tables A-1, A-2,and A-3.) The number of persons unemployed 27 weeks and over rose by 188,000 to 1.3million in July. This group accounted for 18.4 percent of total unemployment,up from 16.2 percent in June. (See table A-9.) The number of persons unemployed due to job loss rose by 253,000 in July.This group accounted for 50.9 percent of the unemployed, up from 48.7 percent a month earlier. (See table A-8.) Total Employment and the Labor Force (Household Survey Data) In July, total employment (146.1 million) and the civilian labor force (153.2million) were little changed. The employment-population ratio (63.0 percent) was about unchanged, and the labor force participation rate held at 66.1 percent. (See table A-1.) Persons Not in the Labor Force (Household Survey Data) Nearly 1.4 million persons (not seasonally adjusted) were marginally attachedto the labor force in July, down by 146,000 from a year earlier. These individuals wanted and were available to work and had looked for a job sometime during the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Among the marginally attached, there were 367,000 discouraged workers in July, about the same number as a year earlier. Discouraged work-ers were not currently looking for work specifically because they believed no jobs were available for them. The remaining 1.0 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 and family responsibilities. Taken from (Taken from the bureau of labor statistics)

No comments:

Post a Comment

Please be nice and civil TY Ray