No encouragement in May unemployment figures
The Bureau of Labor Statistics has released its monthly report on employment and unemployment in the United States. Overall, the May data shows little sign that the economy is improving. The prospects for the long-term unemployed remain poor.
By the numbers:
- Nominal unemployment rate: 8.2 percent
- Number of unemployed Americans: 12,720,000
- Average weeks unemployed: 39.7
- Number of Americans unemployed over 27 weeks: 5,411,000
- Workers discouraged and not looking: 830,000
And, here are the current unemployment rates by sex, ethnicity and education:
- Men over age 20: 7.8 percent
- Women over age 20: 7.4 percent
- Whites: 7.4 percent
- Blacks: 13.6 percent
- Hispanic / Latino: 11.0 percent
- No high school diploma: 13.0 percent
- High school diploma only: 8.1 percent
- 4 yr degree of higher: 3.9 percent
This entry was posted on Friday, June 1st, 2012 at 10:11 am and is filed under American Economy, Original writing, Original writing, Reporting, American Economy, Unemployment. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
