Friday, May 3, 2013

Black Youth Unemployment Rate Jumps To 40.5 Percent In April 2013

The official “seasonally adjusted” jobless rate for Black youths between 16 and 19 years-of-age jumped from 33.8 to 40.5 percent between March and April 2013; while the official jobless rate for all Black workers (youth, female and male) in the United States was still 13.2 percent in April 2013, according to the Bureau of Labor Statistics’ data.

Between April 2012 and April 2013, the official jobless rate for all Black workers in the United States increased from 13.1 to 13.2 percent; while the official number of unemployed Black workers in the United States increased by 62,000 (from 2,388,000 to 2,450,000) during the same period. In addition, the number of Black workers not in the U.S. labor force increased by 147,000 (from 11,526,000 to 11,673,000) between April 2012 and April 2013.

Between March and April 2013, the official number of unemployed Black youths between 16 and 19 years-of-age increased by 46,000 (from 241,000 to 287,000); while the number of Black youths who still have jobs decreased by 49,000 (from 472,000 to 423,000) during the same period.

The official unemployment rate for Black male workers over 20 years-of-age was still 12.6 percent in April 2013; while the number of Black male workers over 20 years-of-age who still have jobs decreased by 51,000 (from 7,370,000 to 7,319,000) between March and April 2013. In addition, the number of Black male workers over 20 years-of-age in the U.S. labor force decreased by 70,000 (from 8,447,000 to 8,377,000) during the same period; while the official jobless rate for Black female workers over 20 years-of-age was still 11.6 percent in April 2013.

Between April 2012 and April 2013, the official jobless rate for Black female workers over 20 years-of-age increased from 10.7 to 11.6 percent; while the number of Black female workers over 20 years-of-age who still have jobs decreased by 15,000 (from 8,440,000 to 8,425,000) during the same period.

The official “seasonally adjusted” jobless rate for white youths between 16 and 19 years-of-age was still 21.8 percent in April 2013; while the official “not seasonally adjusted” unemployment rate for Latino youths between 16 and 19 years-of-age was still 28 percent during that same month. In addition, between March and April 2013 the number of unemployed Latino youths between 16 and 19 years-of-age increased by 22,000 (from 269,000 to 291,000), according to the “not seasonally adjusted” data.

The official “not seasonally adjusted” jobless rate for Latina female workers over 20 years-of-age was still 7.5 percent in April 2013; while the number of Latina female workers over 20 years-of-age in the U.S. labor force decreased by 9,000 (from 9,805,000 to 9,796,000) between March and April 2013.

The official “not seasonally adjusted” unemployment rate for Latino male workers over 20 years-of-age was still 7.6 percent in April 2013; while the “seasonally adjusted” unemployment rate for all Latino workers (youth, male and female) was still 9 percent during that same month.

The official “seasonally adjusted” unemployment rate for all white workers (youth, male and female) in the United States was still 6.7 percent in April 2013; while the jobless rate for white male workers over 20 years-of-age increased from 6.1 to 6.4 percent between March and April 2013.

The number of white male workers over 20 years-of-age who still have jobs decreased by 54,000 (from 60,594,000 to 60,540,000) between March and April 2013; while the number of unemployed white male workers over 20 years-of-age in the United States increased by 180,000 (from 3,955,000 to 4,135,000) during the same period.

The official “seasonally adjusted” unemployment rate for white female workers over 20 years-of-age was still 5.7 percent in April 2013; while the number of white female workers over 20 years-of-age in the U.S. labor force decreased by 34,000 (from 54,255,000 to 54,221,000) between March and April 2013.

According to the “not seasonally adjusted” data, the number of Asian-American workers not in the U.S. labor force increased by 89,000 (from 4,699,000 to 4,788,000) between March and April 2013; while the unemployment rate for Asian-American workers increased from 5 to 5.1 percent during that same period. In addition, between March and April 2013 the number of unemployed Asian-American workers in the United States increased by 8,000 (from 423,000 to 431,000); while the number of Asian-American workers who still have jobs decreased by 76,000 (from 8,101,000 to 8,025,000) during the same period, according to the “not seasonally adjusted” data.

The total number of all youths between 16 and 19 years-of-age in the United States who still have jobs decreased by 31,000 (from 4,351,000 to 4,320,000) between March and April 2013, according to the “seasonally adjusted” data; while the number of youths between 16 and 19 years-of-age not in the U.S. labor force increased by 32,000 (from 11,103,000 to 11,135,000) during the same period. And the official “seasonally adjusted” unemployment rate for all youths between 16 and 19 years-of-age was still 24.1 percent in April 2013.

For all male workers over 16 years-of-age in the United States, the official jobless rate increased from 7.6 to 7.7 percent between March and April 2013; while the total number of unemployed male workers over 16 years-of-age in the United States increased by 127,000 (from 6,255,000 to 6,382,000) during that same period. In addition, the total number of male workers over 16 years-of-age who still have jobs decreased by 90,000 (from 76,329,000 to 76,239,000) between March and April 2013; while the total number of male workers over 16 years-of-age not in the U.S. labor force increased by 56,000 (from 35,619,000 to 35,675,000) during the same period.

Between March and April 2013, the official unemployment rate for all male workers over 20 years-of-age in the United States also increased from 6.9 to 7.1 percent; while the total number of unemployed male workers over 20 years-of-age increased by 125,000 (from 5,519,000 to 5,644,000) during the same period. In addition, the total number of male workers over 20 years-of-age who still have jobs decreased by 69,000 (from 74,228,000 to 74,159,000); while the total number of male workers over 20 years-of-age not in the U.S. labor force increased by 45,000 (from 29,888,000 to 29,933,000) during the same period.

The official unemployment rate for all female workers over 16 years-of-age in the United States was still 7.3 percent in April 2013; while the official jobless rate for all female workers over 20 years-of-age was still 6.7 percent during that same month. In addition, the official unemployment rate for all U.S. workers was still 7.5 percent and 11,659,000 workers in the United States were still officially unemployed in April 2013.

According to the Bureau of Labor Statistics’ May 3, 2013 press release:
“…The unemployment rate, at 7.5 percent, changed little in April…The number of unemployed persons, at 11.7 million, was also little changed over the month…The rates for adult men (7.1 percent), teenagers (24.1 percent), whites (6.7 percent), blacks (13.2 percent), and Hispanics (9.0 percent) showed little or no change…

“In April, the number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) increased by 278,000 to 7.9 million…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 April, 2.3 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 835,000 discouraged workers in April…Discouraged workers are persons not currently looking for work because they believe no jobs are available for them…

“…Employment changed little over the month in construction, with small offsetting movements in the residential and nonresidential components…Manufacturing employment was unchanged in April.

“Employment in other major industries, including mining and logging, wholesale trade, transportation and warehousing, financial activities, and government, showed little change over the month…”

No comments: