Friday, October 8, 2010

Black Male Worker Jobless Rate: 17.6 Percent Under Obama

Between August and September 2010, the official “seasonally adjusted” jobless rate for Black male workers over 20 years-of-age in the United States increased from 17.3 to 17.6 percent under the Democratic Obama Administration; while the unemployment rate for Black female workers over 20-years-of-age was still 12.6 percent, according to the latest Bureau of Labor Statistics data. The official unemployment rate for all Black workers over 16 years-of-age was 16.1 percent in September 2010; while the jobless rate for Black youths between 16 and 19-years-of-age jumped from 45.4 to 49 percent between August and September 2010.

Between August and September 2010, the official “seasonally adjusted” jobless rate for Latino or Hispanic workers in the United States also increased from 12 to 12.4 percent; while the official “not seasonally adjusted” rate for Latino or Hispanic male workers over 20-years-of-age increased from 10.4 to 11.1 percent between August and September 2010. The “not seasonally adjusted” unemployment rate for Latino or Hispanic youths between 16 and 19-years-of-age was still 31 percent in September 2010; while the “seasonally adjusted” jobless rate for white youths was still 23.4 percent in September 2010.

The official “seasonally adjusted” jobless rate for all U.S. male workers over 16-years-of- age was still 10.5 percent in September 2010; while the unemployment rate for all U.S. male workers over 20-years-of-age was still 9.8 percent during this same month. The official jobless rate for white male workers over 20-years-of-age in the United States was still 8.9 percent in September 2010, while the unemployment rate for white female workers over 20-years-of-age increased from 7.1 to 7.2 percent between August and September 2010.

The official “seasonally adjusted” number of unemployed workers in the United States was 14,767,000 in September 2010; while the official jobless rate for all U.S. workers was 9.6 percent in September 2010. According to the “not seasonally adjusted” data, the number of Asian-American workers who had jobs also dropped by 49,000 between August and September 2010.

According to the Bureau of Labor Statistics’ October 8, 2010 press release:

“Nonfarm payroll employment edged down (-95,000) in September…Government employment declined (-159,000), reflecting both a drop in the number of temporary jobs for Census 2010 and job losses in local government…

“The number of long-term unemployed (those jobless for 27 weeks and over), at 6.1 million was little changed over the month…In September, 41.7 percent of unemployed persons had been jobless for 27 weeks or more…

“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose by 612,000 over the month to 9.5 million. Over the past 2 months, the number of such workers has increased by 943,000. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job…

“About 2.5 million persons were marginally attached to the labor force in September, up from 2.2 million a year earlier…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…

“Among the marginally attached, there were 1.2 million discouraged workers in September, an increase of 503,000 from a year earlier…Discouraged workers are persons not currently looking for work because they believe no jobs are available for them…

“Employment in construction edged down (-21,000) over the month…

“Government employment fell by 159,000 in September…Employment in local government decreased by 76,000 in September with job losses in both education and noneducation…

“The change in total nonfarm payroll employment for July was revised from -54,000 to -66,000, and the change for August was revised from -54,000 to -57,000…”