Friday, January 9, 2015

Black Youth Unemployment Rate Increases To 33.2 Percent In December 2014

The official “seasonally adjusted” jobless rate for Black youths between 16 and 19 years-of-age in the United States increased from 28.2 to 33.2 percent between November and December 2014; while the number of unemployed Black youths increased by 27,000 (from 213,000 to 240,000) during the same period, according to the “seasonally adjusted” Bureau of Labor Statistics data. In addition, the “seasonally adjusted” number of Black youths who still had jobs decreased by 59,000 (from 541,000 to 482,000) between November and December 2014; while the official “seasonally adjusted” number of Black youths in the U.S. labor force decreased by 32,000 (from 754,000 to 722,000) during the same period.

The official “not seasonally adjusted” jobless rate for Latino youths between 16 and 19 years-of-age in the United States also increased from 16.3 to 16.6 percent between November and December 2014; while the “not seasonally adjusted” number of unemployed Latino youths increased by 13,000 (from 181,000 to 194,000) during the same period. In addition, between November and December 2014 the “seasonally adjusted” number of white youths between 16 and 19 years-of-age who were still in the U.S. labor force decreased by 23,000 (from 4,466,000 to 4,443,000); and the official “seasonally adjusted” unemployment rate for white youths between 16 and 19 years-of-age was still 14.2 percent in December 2014.

The official “seasonally adjusted” unemployment rate for all youths between 16 and 19 years-of-age in the United States was still 16.8 percent in December 2014; while the total “seasonally adjusted” number of youths between 16 and 19 years-of-age still in the U.S. labor force decreased by 28,000 (from 5,775,000 to 5,747,000) between November and December 2014. In addition, 963,000 youths between 16 and 19 years-of-age in the United States were still unemployed, according to the “seasonally adjusted” data; while the “seasonally adjusted” number of youths between 16 and 19 years-of-age not in the U.S. labor force increased by 22,000 (from 10,827,000 to 10,849,000) between November and December 2014.

The official “seasonally adjusted” jobless rate for Black male workers over 20 years-of-age in the United States was still 11 percent in December 2014; while the “seasonally adjusted” number of Black female workers over 20 years-of-age in the U.S. labor force decreased by 111,000 (from 9,709,000 to 9,598,000)) between November and December 2014. In addition, the official “seasonally adjusted” unemployment rate for Black female workers over 20 years-of-age in the United States was still 8.2 percent in December 2014; while the official “seasonally adjusted” jobless rate for all Black workers in the United States (youth, male and female) was still 10.4 in December 2014.

Between November and December 2014, the “seasonally adjusted” number of white female workers over 20 years-of-age who still had jobs decreased by 318,000 (from 52,142,000 to 51,824,000); while the official “seasonally adjusted” jobless rate for white female workers over 20 years-of-age was still 4.4 percent in December 2014. In addition, the “seasonally adjusted” number of white female workers over 20 years-of-age in the U.S. labor force decreased by 364,000 (from 54,587,000 to 54,223,000) between November and December 2014.

The official “seasonally adjusted” unemployment rate for white male workers over 20 years-of-age in the United States was still 4.4 percent in December 2014; while the official “seasonally” adjusted unemployment rate for all white workers (youth, male and female) was still 4.8 during that same month. In addition, the total “seasonally adjusted” number of white workers (youth, male and female) in the U.S. labor force decreased by 340,000 (from 123,391,000 to 123,058,000) between November and December 2014; while the total “seasonally adjusted” number of white workers who still had jobs decreased by 121,000 (from 117,307,000 to 117,186,000) during the same period.

Between November and December 2014, the “not seasonally adjusted” number of Latino male workers over 20 years-of-age who still had jobs decreased by 13,000 (from 14,337,000 to 14,299,000); while the “not seasonally adjusted”  number of Latino male workers over 20 years-of-age in the U.S. labor force decreased by 38,000 (from 14,337,000 to 14,299,000) during the same period.  In addition, the official “not seasonally adjusted unemployment rate for Latino male workers over 20 years-of-age was still 5.7 percent in December 2014.

The total “seasonally adjusted” number of Latino workers (youth, male and female) in the U.S. labor force decreased by 9,000 (from 25,655,000 to 25,644,000) between November and December 2014; while the official “seasonally adjusted” jobless rate for all Latino workers in the United States was still 6.5 percent in December 2014.

Between November and December 2014, the “not seasonally adjusted” number of Latina female workers over 20 years-of-age who still had jobs decreased by 110,000 (from 9,645,000 to 9,535,000); while the official “not seasonally adjusted” unemployment rate for Latina female workers over 20 years-of-age was still 6.2 percent. In addition, the “not seasonally adjusted” number of Latina female workers over 20 years-of-age in the U.S. labor force decreased by 140,000 (from 10,307,000 to 10,167,000) between November and December 2014; while the “not seasonally adjusted” unemployment rate for Asian-American workers in the United States was still 4.2 percent in December 2014.

The “seasonally adjusted” number of female workers over 16 years-of-age in the United States who still had jobs decreased by 205,000 (from 69,247,000 to 69,042,000) between November and December 2014; while the “seasonally adjusted” number of female workers over 16 years-of-age still in the U.S. labor force decreased by  523,000 (from 73,442,000 to 72,919,000). In addition, the official “seasonally adjusted” jobless rate for all female workers over 16 years-of-age in the United States was still 5.3 percent in December 2014.

Between November and December 2014, the “seasonally adjusted” number of female workers over 20 years-of-age in the United States who still had jobs decreased by 262,000 (from 66,894,000 to 66,632,000); while the “seasonally adjusted” number of female workers over 20 years-of-age in the U.S. labor force decreased by 488,000 (from 70,599,000 to 70,111,000). In addition, the official “seasonally adjusted” unemployment rate for all female workers over 20 years-of-age was still 5 percent in December 2014.

Between November and December 2014, the official “seasonally adjusted” number of workers in the United States labor force decreased by 273,000 (from 156,402,000 to 156,129,000); while the official the official unemployment rate for all U.S. workers (male, female and youth) in December 2014 was still 5.6 percent, according to the “seasonally adjusted” data. In addition, 8,688,000 workers in the United States were still unemployed in December 2014, according to the “seasonally adjusted” data.

According to the Bureau of Labor Statistics’ January 9, 2015 press release:

“In December, the number of long-term unemployed (those jobless for 27 weeks or
longer) was essentially unchanged at 2.8 million and accounted for 31.9 percent of
the unemployed…The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in December at 6.8 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 December, 2.3 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 740,000 discouraged workers in December….Discouraged workers are persons not currently looking for work because they believe no jobs are available for them….

“Employment in accounting and bookkeeping services declined (-14,000)…Employment in retail trade changed little in December…Employment in other major industries, including mining and logging,transportation and warehousing, information, and government, changed little in December….

“In December, average hourly earnings for all employees on private nonfarm payrolls

decreased by 5 cents…In December, average hourly earnings of private-sector production and nonsupervisory employees decreased by 6 cents…. ”

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