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The Discouraging Unemployment Picture

The Discouraging Unemployment Picture

The Bureau of Labor Statistics has a great deal to say about the November 2011 unemployment numbers and the October numbers from the metro areas. The unemployment rate fell to 8.6 percent from 9 percent in November. In October, the unemployment rates fell in 281 of the 372 metro areas the BLS watches. The pictures tell a far more discouraging tale. These graphs are from the BLS site, using their data. None of the graphs present … Read entire article »

Filed under: American Economy, Original writing, Reporting, Unemployment

Unemployment for July 2011

The slideshow illustrates the unemployment data for each July for the last decade, 2002 to 2011. … Read entire article »

Filed under: American Economy, Analysis, Original writing, Reporting, Unemployment

Black Unemployment in America Today

Black Unemployment in America Today

The Bureau of Labor Statistics has kept data on unemployment among American blacks since 1972. The record high rate of unemployment was in June 1983, 20.7%. The record low was in April 2000 at 7%. For June 2011 the black unemployment rate is 16.2%. The last thirty years have seen four peaks for black unemployment and three troughs. High % High Date Low % Low Date 20.7% June 1983 10.5% June 1990 14.7% May 1992 7.0% April 2000 11.5% June 2003 7.7% August 2007 The highest rate of black unemployment in the Obama … Read entire article »

Filed under: American Economy, Analysis, Original writing, Reporting, Unemployment

Obama Administration job claims

Obama Administration job claims

January2009 June2010 Change Employed 142,221,000 139,119,000 -3,102,000 LOSS Total Unemployed 12,653,000 15,830,000 3,177,000 INCREASE Unemployed 11,919,000 14,623,000 2,704,000 INCREASE Discouraged 734,000 1,207,000 473,000 INCREASE True unemployment rate 8.90% 11.38% INCREASE Participation rate 65.70% 64.70% -1.00% DROP Employment/Population ratio 60.60% 58.50% -2.10% DROP The White House and its allies have been touting the claims contained in the Council of Economic Advisers’ latest quarterly report that the Recovery Act is already responsible for 2.5 to 3.6 million – or about 3 million – jobs The table above was created using the data from the U.S. Department of Labor Bureau of Labor Statistics. These are the government’s own numbers, used by their agencies and a wide variety … Read entire article »

Filed under: American Economy, Analysis, Original writing, Reporting, Unemployment

U.S. unemployment for June 2010

U.S. unemployment for June 2010

The Bureau of Labor Statistics (BLS) has this to say about the employment / unemployment situation in June 2010: 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 … Read entire article »

Filed under: American Economy, Original writing, Reporting, Unemployment

White House claim: On the Road to Recovery

White House claim: On the Road to Recovery

This is what our President has on the White House website as this story is written: Here are some graphs that more accurately portray the road we’re on. The graphs clearly show that the trend of “true” unemployment, the standard unemployment number plus the number of those who are discouraged and no longer looking for work, is not turning a corner. 2010 numbers show that there is still an increasing number of “true” unemployed despite the Census … Read entire article »

Filed under: American Economy, Analysis, Original writing, Reporting, Unemployment

Poverty in America 2007

The Census Bureau is scheduled to release its annual report titled “Income, Poverty, Health Insurance Coverage and American Community Survey: 2007″ on August 26, 2008. This will be the fourth year that America’s North Shore Journal has covered the report. The report is always a year behind reality. We’ll be looking at a mass of statistics from 2007 and preceding years covering income, poverty and health insurance coverage, broken down in many different ways, by sex, by family type, by ethnicity and by age among others. America’s North Shore Journal will concentrate its coverage on the income and poverty statistics. Bluntly, the numbers on health insurance coverage have been kept for less than a decade so they’re worth little to us for any realistic analysis. Let’s take a preliminary look at 2007: Average unemployment … Read entire article »

Filed under: American Economy, Analysis, Original writing, Poverty