Friday, March 9, 2012

Black Male Worker `Not Seasonally Adjusted' Jobless Rate Jumps To 15.2 Percent Under Obama & GOP House of Representatives

The official “not seasonally adjusted” unemployment rate for Black male workers over 20 years-of-age in the United States jumped from 14 to 15.2 percent between January and February 2012; while the “not seasonally adjusted” jobless rate for Black female workers over 20 years-of-age was still 11.8 percent in February 2012, according to Bureau of Labor Statistics data.

Between January and February 2012, the “not seasonally adjusted” number of unemployed Black male workers over 20 years-of-age also increased by 90,000 (from 1,155,000 to 1,245,000); while the “not seasonally adjusted” number of Black male workers over 20 years-of-age with jobs dropped by 91,000 (from 7,083,000 to 6,942,000) during the same period.

The “not seasonally adjusted” unemployment rate for Black youths between 16 and 19 years-of-age was still 33.1 percent in February 2012; while the “not seasonally adjusted” jobless rate for all Black workers in the United States (male, female and youth) was still 14.1 percent during that same month.

Between January and February 2012, the official “seasonally adjusted” unemployment rate for all Hispanic or Latino workers in the United States also increased from 10.5 to 10.7 percent; and the “seasonally adjusted” number of unemployed Hispanic or Latino workers increased by 47,000 (from 2,532,000 to 2,579,000) during the same period.

The “not seasonally adjusted” jobless rate for Hispanic or Latino youth between 16 and 19 years-of-age also increased from 24.9 to 27.5 percent between January and February 2012; while the “not seasonally adjusted” number of unemployed Hispanic or Latino youth increased by 46,000 (from 248,000 to 294,000) during the same period.

The “not seasonally adjusted” unemployment rate for Hispanic or Latina female workers over 20 years-of-age was still 11 percent in February 2012; while the “not seasonally adjusted” jobless rate for Hispanic or Latino male workers over 20 years-of-age was still 10.4 percent during that same month.

The official “not seasonally adjusted” unemployment rate for white youths between 16 and 19 years-of-age was still 21.8 percent in February 2012; while the “not seasonally adjusted” jobless rate for white male workers over 20 years-of-age was still 7.9 percent during that same month.

In February 2012, the “not seasonally adjusted” jobless rate for white female workers over 20 years-of-age was still 6.9 percent; while the “not seasonally adjusted” unemployment rate for all women workers over 20 years-of-age in the United States was still 7.6 percent during that same month.

According to the “seasonally adjusted” data, the total number of unemployed U.S. workers increased by 48,000 (from 12,758,000 to 12,806,000) between January and February 2012; and the official “seasonally adjusted” jobless rate for all U.S. workers was still 8.3 percent in February 2012.

But according to the “not seasonally adjusted” data, the jobless rate for all U.S. male workers over 16 years-of-age was still 9.3 percent in February 2012; and the “not seasonally adjusted” number of unemployed U.S. workers was still 13,430,000 during that same month.

According to the Bureau of Labor Statistics’ March 9, 2012 press release:

“…The unemployment rate was unchanged at 8.3 percent…The number of long-term unemployed (those jobless for 27 weeks and over) was little changed at 5.4 million in February. These individuals accounted for 42.6 percent of the unemployed…

“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was essentially unchanged at 8.1 million in February. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job…

“In February, 2.6 million persons were marginally attached to the labor force, essentially unchanged from 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 1.0 million discouraged workers in February, about the same as a year earlier…Discouraged workers are persons not currently looking for work because they believe no jobs are available for them…

“Professional and business services added 82,000 jobs in February. Just over half of the increase occurred in temporary help services (+45,000)…

“Construction employment changed little in February…Over the month, employment fell by 14,000 in nonresidential specialty trade contractors…

“Overall, employment in retail trade changed little in February. A large job loss in general merchandise stores (-35,000) more than offset an increase in January…”

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