Friday, February 7, 2014

Black Youth "Not Seasonally Adjusted" Unemployment Rate Increases To 39 Percent In January 2014

The official “not seasonally adjusted” unemployment rate for Black youths between 16 and 19 years-of-age in the United States increased from 32.2 to 39 percent between December 2013 and January 2014, according to recently released Bureau of Labor Statistics data; while the “not seasonally adjusted” number of unemployed Black youths between 16 and 19 years-of-age increased by 30,000 (from 204,000 to 234,000) during the same period..

The official “not seasonally adjusted” unemployment rate for Latino youths between 16 and 19 years-of-age increased from 22.3 to 24.6 percent between December 2013 and January 2014; while the “not seasonally adjusted” number of Latino youths between 16 and 19 years-of-age who still had jobs decreased by 47,000 (from 800,000 to 753,000) during the same period. In addition, the number of Latino youths between 16 and 19 years-of-age still in the U.S. labor force decreased by 70,000 (from 1,030,000 to 1,000,000) between December 2013 and January 2014; while the “not seasonally adjusted” number of unemployed Latino youths between 16 and 19 years-of-age increased by 16,000 (from 230,000 to 246,000) during the same period.

The official “not seasonally adjusted” jobless rate for white youths between 16 and 19 years-of-age increased from 16 to 17.8 percent between December 2013 and January 2014; while the “not seasonally adjusted” number of white youths between 16 and 19 years-of-age who still had jobs decreased by 176,000 (from 3,513,000 to 3,337,000) between December 2013 and January 2014. In addition, the number of white youths between 16 and 19 years-of-age still in the U.S. labor force decreased by 124,000 (from 4,132,000 to 4,058,000) between December 2013 and January 2014; while the “not seasonally adjusted” number of unemployed white youths between 16 and 19 years-of-age increased by 53,000 (from 669,000 to 722,000) during the same period.

Between December 2013 and January 2014, the official “not seasonally adjusted” unemployment rate for all youths between 16 and 19 years-of-age increased from 18.3 to 21 percent; while the total “not seasonally adjusted” number of youths between 16 and 19 years-of-age who still had jobs decreased by 297,000 (from 4,300,000 to 4,003,000) during the same period. In addition, the total number of youths between 16 and 19 years-of-age still in the U.S. labor force decreased by 196,000 (from 5,264,000 to 5,068,000) between December 2013 and January 2014; while the total “not seasonally adjusted” number of unemployed youths between 16 and 19 years-of-age increased by 101,000 (from 964,000 to 1,065,000) during the same period.

The official “not seasonally adjusted” unemployment rate for all Black workers (youth, male and female) in the United States increased from 11.6 to 12.6 percent between December 2013 and January 2014;; while the official “not seasonally adjusted” jobless rate for Black male workers over 20 years-of-age increased from 11.6 to 13 percent during the same period.. In addition, the “not seasonally adjusted” number of unemployed Black male workers over 20 years-of-age increased by 137,000 (from 954,000 to 1,091,000) between December 2013 and January 2014; while the number of Black male workers over 20 years-of-age who still had jobs decreased by 18,000 (from 7,305,000 to 7,287,000) during the same period.

The official “not seasonally adjusted” jobless rate for Black female workers over 20 years-of-age increased from 10.2 to 10.5 percent between December 2013 and January 2014; while the “not seasonally adjusted” number of unemployed Black female workers over 20 years-of-age increased by 33,000 (from 964,000 to 997,000) during the same period.

The official “not seasonally adjusted” unemployment rate for Latina female workers over 20 years-of-age increased from 8.1 to 8.8 percent between December 2013 and January 2014; while the “not seasonally adjusted” number of unemployed Latina female workers over 20 years-of-age increased by 88,000 (from 804,000 to 892,000) during the same period.

According to the “not seasonally adjusted” data, the official jobless rate for all Latino workers (male, female cand youth) in the United States increased from 8.3 to 9.1 percent between December 2013 and January 2014; while the official “not seasonally adjusted” unemployment rate for Latino male workers over 20 years-of-age increased from 7.5 to 8.2 percent during the same period. In addition, the total “not seasonally adjusted” number of Latino workers who still had jobs decreased by 106,000 (from 22,741,000 to 22,647,000) between December 2013 and January 2014; while the total “not seasonally adjusted” number of unemployed Latino workers increased by 205,000 (from 2,066,000 to 2,271,000) during the same period. Between December 2013 and January 2014, the “not seasonally adjusted” number of Latino male workers over 20 years-of-age increased by 101,000 (from 1,032,000 to 1,133,000); while the “not seasonally adjusted” number of Latino male workers over 20 years-of-age who still had jobs decreased by 88,000 (from 12,766,000 to 12,678,000) during the same period.

The official “not seasonally adjusted” unemployment rate for white male workers over 20 years-of-age increased from 5.7 to 6.2 percent between December 2013 and January 2014; while the “not seasonally adjusted” number of unemployed white male workers over 20 years-of-age increased by 307,000 during the same period. In addition, between December 2013 and January 2014, the “not seasonally adjusted” number of unemployed white female workers over 20 years-of-age increased by 236,000 (from 2,660,000 to 2,896,000); white the “not seasonally adjusted” jobless rate for white female workers over 20 years-of-age increased from 4.9 to 5.3 percent during the same period..

The official “not seasonally adjusted” unemployment rate for all female workers over 20 years-of-age increased from 5.7 to 6 percent between December 2013 and January 2014; while the official “not seasonally adjusted” unemployment rate for all male workers over 20 years-of-age increased from 6.4 to 7 percent during the same period.

Between December 2013 and January 2014, the official “not seasonally adjusted” unemployment rate for all U.S. workers increased from 6.5 to 7 percent;; while the official total “not seasonally adjusted” number of workers in the United States increased by 971,000 (from 9,984,000 to 10,855,000) during the same period. In addition, between December 2013 and January 2014 the total “not seasonally adjusted” number of U.S. workers still in the U.S. labor force decreased by 27,000 (from 154,408,000 to 154,381,000); and the “not seasonally adjusted” number of U.S. workers not in the U.S. labor force increased by196,000 (from 92,338,000 to 92,534,000) during that same period.

According to the Bureau of Labor Statistics’ February 7, 2014 press release:

“…The unemployment rate was little changed at 6.6 percent…Establishment survey data have been revised as a result of…the updating of seasonal adjustment factors…Both the number of unemployed persons, at 10.2 million, and the unemployment rate…changed little in January…

“In January, 2.6 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 837,000 discouraged workers in January…Discouraged workers are persons not currently looking for work because they believe no jobs are available for them…

“Employment in health care was essentially unchanged in January for the second consecutive month…Employment in retail trade changed little in January (-13,000). Within the industry, sporting goods, hobby, book, and music stores lost 22,000 jobs…In January, federal government employment decreased by 12,000; the U.S. Postal Service accounted for most of this decline (-9,000).

“Employment in other major industries, including transportation and warehousing, information and financial activities, showed little or no change over the month…

“Effective with data for January 2014, updated population estimates have been used in the household survey…The adjustments increased the estimated size of the…civilian labor force by 24,000, employment by 22,000, and unemployment by 2,000. The number of persons not in the labor force was reduced by 22,000…”

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