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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

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

Unemployment Numbers for October 2008

Unemployment Numbers for October 2008

From the Bureau of Labor Statistics Total Civilian Work Force Nonfarm payroll employment fell by 240,000 in October, and the unemployment rate rose from 6.1 to 6.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. October’s drop in payroll employment followed declines of 127,000 in August and 284,000 in September, as revised. Employment has fallen by 1.2 million in the first 10 months of 2008; over half of the … Read entire article »

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

Unemployment for September 2008

Unemployment for September 2008

Economic analysis is a tricky business. By selecting the right data, an analyst can make any premise appear correct. One of the most blatant ways of doing this is to select the most recent data that supports the premise you want to illustrate. The overall unemployment rate in the United States in September has been initially reported as 6.1%. This rate and the numbers behind it will be revised several times over the next few months, … Read entire article »

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