Friday, October 2, 2009

African-American Male Worker Jobless Rate Under Obama Regime: 16.5 Percent

The official “seasonally adjusted” jobless rate for African-American male workers over 20 years-of-age under the Democratic Obama Regime was 16.5 percent in September 2009; while the unemployment rate for African-American female workers over 20 years-of-age increased from 11.9 to 12.5 percent between August and September 2009, according to the latest Bureau of Labor Statistics data. The official “seasonally adjusted” unemployment rate for all African-American workers (which also takes into account the 40.8 percent jobless rate for African-American youth between 16 and 19 years of age) increased from 15.1 to 15.4 percent between August and September 2009.

In September 2009, the official “not seasonally adjusted” jobless rate for Hispanic or Latino male workers over 20 years of age was 11.8 percent. For all Hispanic or Latino workers over 16 years of age (which takes into account the 29.5 percent “not seasonally adjusted” jobless rate for Latino youth), the official “not seasonally adjusted” unemployment rate was 12.2 percent in September 2009.

For white male workers in the United States over 20 years of age, the official “seasonally adjusted” jobless rate increased from 9.3 to 9.6 percent between August and September 2009, while the rate for white female workers over 20 years of age increased from 6.9 to 7 percent.

The “not seasonally adjusted” unemployment rate for Asian-American workers was 7.4 percent in September 2009. But the official “seasonally adjusted” national jobless rate for all U.S. workers increased from 9.7 to 9.8 percent between August and September 2009.

According to the Bureau of Labor Statistics’ October 2, 2009 press release:

“Nonfarm payroll employment continued to decline in September (-263,000), and the unemployment rate (9.8 percent) continued to trend up…The largest job losses were in construction, manufacturing, retail trade, and government…The number of unemployed persons has increased…to 15.1 million, and the unemployment rate…to 9.8 percent…

“Among the unemployed, the number of job losers and persons who completed temporary jobs rose by 603,000 to 10.4 million in September. The number of long-term unemployed (those jobless for 27 weeks and over) rose by 450,000 to 5.4 million. In September, 35.6 percent of unemployed persons were jobless for 27 weeks or more…

“The civilian labor force participation rate declined…in September to 65.2 percent…

“About 2.2 million persons were marginally attached to the labor force in September…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 706,000 discouraged workers in September… (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them…

“Total nonfarm payroll employment declined by 263,000 in September…

“In September, construction employment declined by 64,000…September job cuts were concentrated in the industry's nonresidential components (-39,000) and in heavy construction (-12,000)…

“Employment in manufacturing fell by 51,000 in September…

“In the service-providing sector, the number of jobs in retail trade fell by 39,000 in September…

“Government employment was down by 53,000 in September, with the largest decline occurring in the non-education component of local government (-24,000)…”

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