Saturday, December 8, 2012

Black Worker `Seasonally Adjusted' Unemployment Rate 13.2 Percent In November 2012

The official “seasonally adjusted” unemployment rate for all Black workers in the United States was still 13.2 percent in November 2012; while the number of Black workers who still have jobs decreased by 55,000 (from 16,049,000 to 15,994,000) between October and November 2012, according to recently-released Bureau of Labor Statistics data.

The official “seasonally adjusted” jobless rate for Black male workers over 20 years-of-age was still 13 percent in November 2012; while the unemployment rate for Black female workers over 20 years-of-age was still 11.4 percent during that same month. And the number of Black workers in the U.S. labor force decreased by 306,000 (from 18,723,000 to 18,426,000) between October and November 2012.

The official “seasonally adjusted” unemployment rate for Black youths between 16 and 19 years-of-age was still 39.4 percent in November 2012; while the number of Black youths who have jobs decreased by 19,000 (from 450,000 to 431,000) between October and November 2012.

The official “seasonally adjusted” jobless rate for white youths between 16 and 19 years-of-age was still 20.2 percent in November 2012; while the official unemployment rate for white male workers over 20 years-of-age was still 6.4 percent during that same month.

For white female workers over 20 years-of-age, the official jobless rate was still 6.2 percent in November 2012; while the number of white female workers over 20 years-of-age in the U.S. labor force dropped by 73,000 (from 54,431,000 to 54,358,000) between October and November 2012. In addition, between October and November 2012 the number of white female workers over 20 years-of-age who had jobs in the United States decreased by 14,000 (from 51,022,000 to 51,008,000); and the official “seasonally adjusted” unemployment rate for all white workers in the United States (male, female and youth) was still 6.8 percent in November 2012.

The official “not seasonally adjusted” jobless rate for Latino youth between 16 and 19 years-of-age increased from 28.9 to 30.1 percent between October and November 2012; while the number of Latino youths between 16 and 19 years-of-age with jobs decreased by 21,000 (from 755,000 to 734,000) during the same period, according to the “not seasonally adjusted” data.

According to the “seasonally adjusted” data, the official jobless rate for all Latino workers in the United States (male, female and youth) was still 10 percent in November 2012; while the total number of Latino workers in the United States (male, female and youth) in the U.S. labor force decreased by 43,000 (from 24,587,000 to 24,544,000) between October and November 2012.

According to the “not seasonally adjusted” data, the official unemployment rate for Latina female workers over 20 years-of-age jumped from 9.5 to 10.3 percent in between October and November 2012; while the number of unemployed Latina female workers over 20 years-of-age increased by 89,000 (from 938,000 to 1,027,000) during the same period. And in November 2012 the “not seasonally adjusted” jobless rate for Latino male workers over 20 years-of-age was still 7.8 percent.

Between October and November 2012, the unemployment rate for all Asian-American workers also jumped from 4.9 to 6.4 percent, according to the “not seasonally adjusted” data; while the number of unemployed Asian-American workers increased by 134,000 (from 396,000 to 530,000) during the same period.

The official “seasonally adjusted” jobless rate for all female workers in the United States over 16 years-of-age was still 7.6 percent in November 2012; while the total number of female workers over 16 years-of-age who still had jobs decreased by 36,000 (from 67,329,000 to 67,293,000) between October and November 2012. And the official unemployment rate for all male workers in the United States over 16 years-of-age was still 7.9 percent in November 2012; while the total number of male workers over 16 years-of-age who still had jobs decreased by 87,000 (from 76,055,000 to 75,968,000) between October and November 2012.

Between October and November 2012, the total number of U.S. workers who still had jobs dropped by 122,000 (from 143,384,000 to 143,262,000), according to the “seasonally adjusted” data. But, in part, because the size of the U.S. labor force decreased by 350,000 (from 155,641,000 to 155,291,000) during the same period, the official jobless rate for all U.S. workers decreased from 7.9 to 7.7 percent between October and November 2012.

According to the Bureau of Labor Statistics’ December 7, 2012 press release:
“…Employment increased in retail trade, professional and business services, and health care…The unemployment rate edged down to 7.7 percent in November. The number of unemployed persons, at 12.0 million, changed little…The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 4.8 million in November. These individuals accounted for 40.1 percent of the unemployed.

“The civilian labor force participation rate declined by 0.2 percentage point to 63.6 percent in November…Total employment was about unchanged in November…The employment-population ratio, at 58.7 percent, changed little in November…The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers), at 8.2 million in November, was little changed over the month. 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 November, 2.5 million persons were marginally attached to the labor force…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 979,000 discouraged workers in November…Discouraged workers are persons not currently looking for work because they believe no jobs are available for them…

“…Employment in miscellaneous store retailers decreased by 13,000…Employment in construction declined by 20,000 in November, with much of the loss occurring in construction of buildings (-11,000)…Manufacturing employment changed little over the month. Within the industry, job losses in food manufacturing (-12,000) and chemicals (-9,000) more than offset gains in motor vehicles and parts (+10,000) and wood products (+3,000). Employment in other major industries, including mining and logging, transportation and warehousing, financial activities, and government showed little change in November…

“The change in total nonfarm payroll employment for September was revised from +148,000 to +132,000, and the change for October was revised from +171,000 to +138,000…”

 

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