Friday, November 7, 2014

Black Youth `Seasonally Adjusted' Unemployment Rate Increases To 32.6 Percent In October 2014


The official “seasonally adjusted” jobless rate for Black youths between 16 and 19 years-of-age in the United States increased from 30.5 to 32.6 percent between September and October 2014; while the total number of unemployed Black youths between 16 and 19 years-of-age increased by 18,000 (from 218,000 to 236,000) during the same period, according to the “seasonally adjusted” Bureau of Labor Statistics data. In addition, the “seasonally adjusted” number of Black youths between 16 and 19 years-of-age who still had jobs decreased by 11,000 (from 498,000 to 487,000) between September and October 2014.

The official “not seasonally adjusted” jobless rate for Latino youths between 16 and 19 years-of-age was still 20.2 percent in October 2014; while the official “seasonally adjusted” jobless rate for white youths between 16 and 19 years-of-age was still 16.3 percent during that same month. In addition, the official “seasonally adjusted” unemployment rate for all youths between 16 and 19 years-of-age in the United States was still 18.6 percent in October 2014.

In October 2014, the official “seasonally adjusted” unemployment rate for all Black workers (youth, male and female) was still 10.9 percent, according to the “seasonally adjusted” data; while the official “seasonally adjusted” jobless rate for Black male workers over 20 years-of-age was still 10.7 percent during the same month. In addition, between September and October 2014, the “seasonally adjusted” number of Black male workers over 20 years-of-age who still had jobs decreased by 57,000 (from 7,810,000 to 7,753,000); while the “seasonally adjusted” number of Black male workers over 20 years-of-age in the U.S. labor force decreased by 97,000 (from 8,774,000 to 8,677,000) during the same period.

The official “seasonally adjusted” unemployment rate for Black female workers over 20 years-of-age was still 9.4 percent in October 2014; while the total “seasonally adjusted” number of Black workers (youth, male and female) who still had jobs decreased by 41,000 (from 16,981,000 to 16,940,000) between September and October 2014. In addition, the total “seasonally adjusted” number of Black workers not in the U.S. labor force increased by 114,000 (from 11,850,000 to 11,964,000) between September and October 2014.

Between September and October 2014, the “not seasonally adjusted” number of unemployed Latino male workers over 20 years-of-age increased by 55,000 (from 673,000 to 728,000); while the “not seasonally adjusted” jobless rate for Latino male workers over 20 years-of-age increased from 4.8 to 5.1 percent during the same period. In addition, the official “seasonally adjusted” jobless rate for all Latino workers (male, female and youth) in the United States was still 6.8 percent in October 2014; while the official “not seasonally adjusted” unemployment rate for Latina female workers over 20 years-of-age was still 7 percent during that same month.

The “not seasonally adjusted” unemployment rate for Asian-American workers in the United States increased from 4.3 to 5 percent between September and October 2014; while the “not seasonally adjusted” number of unemployed Asian-American workers increased by 54,000 (from 379,000 to 433,000) during the same period. In addition, between September and October 2014, the “not seasonally adjusted” number of Asian-American workers who still had jobs decreased by 44,000 (from 8,339,000 to 8,295,000) during the same period.

The official “seasonally adjusted” unemployment rate for white male workers over 20 years-of-age was still 4.2 percent in October 2014; while the “seasonally adjusted” jobless rate for white female workers over 20 years-of-age was still 4.6 percent during that same month. In addition, the number of white male workers workers in the U.S. labor force decreased by 95,000 (from 64,259,000 to 64,164,000) during the same period, according to the “seasonally adjusted” data..

The official “seasonally adjusted” unemployment rate for all female workers over 16 years-of-age was still 5.9 percent in October 2014; while the official “seasonally adjusted” unemployment rate for all male workers over 16 years-of-age was still 5.8 percent during that same month. In addition, the total “seasonally adjusted” number of all male workers over 16 years-of-age not in the U.S. labor force increased by 122,000 (from 37,031,000 to 37,153,000) between September and October 2014.

In October 2014, the official “seasonally adjusted” unemployment rate for all U.S. workers (male, female and youth) was still 5.8 percent; while 8,995,000 workers were still officially unemployed in the United States during that same month, according to the “seasonally adjusted” data.

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

“The rates for adult men (5.1 percent), adult women (5.4 percent), teenagers (18.6 percent), blacks (10.9 percent), and Hispanics (6.8 percent) changed little over the month…In October, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.9 million. These individuals accounted for 32.0 percent of the unemployed...

“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was about unchanged in October at 7.0 million. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job....

“In October, 2.2 million persons were marginally attached to the labor force, little changed 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 770,000 discouraged workers in October, essentially unchanged from a year earlier. Discouraged workers are persons not currently looking for work because they believe no jobs are available for them…


“Employment in…mining and logging, wholesale trade, information, financial activities, and government, showed little change over the month…” 

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