Friday, July 3, 2020

Black Male Worker Jobless Rate Still Over 16 Percent In USA in June 2020

The official seasonally adjusted unemployment rate in the United States for African-American male workers, under the Republican Party-controlled White House and U.S. Senate and the Democratic Party-controlled U.S. House of Representatives, continued to exceed 16 percent in June 2020.

Also, regarding the current unemployment situation for all workers in the USA, according to the the July 2, 2020 Bureau of Labor Statistics press release:

“…The jobless rate and the number of unemployed are up by 7.6 percentage points and 12.0 million, respectively, since February...The jobless rate for Asians (13.8 percent) changed little over the month…

"The number of  permanent job losers continued to rise, increasing by 588,000 to 2.9 million in June…The number of persons jobless 15 to 26 weeks and the long-term unemployed (those jobless for 27 weeks or more) saw over-the-month increases (+825,000 to 1.9 million and +227,000 to 1.4 million, respectively)...

"The number of persons employed part time for economic reasons... is still more than double its February level. These  individuals, who would have preferred full-time employment, were working part time  because their hours had been reduced or they were unable to find full-time jobs…

"The number of persons not in the labor force who currently want a job, at 8.2 million,..remained 3.2 million higher than in February. These individuals were not counted as unemployed because they were not actively looking for work during the last 4 weeks or were unavailable to take a job.

"Persons marginally attached to the labor force--a subset of persons not in the labor force who currently want a job--numbered 2.5 million in June, little different from the prior month. 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 but had not looked for work in the 4 weeks preceding the survey. Discouraged workers, a subset of the marginally attached who believed that no jobs were available for them, numbered 681,000
in June, essentially unchanged from the previous month…. 

"In June, nonfarm employment was 14.7 million, or 9.6 percent, lower than its February level… Employment continued to decline in mining….Employment in food services and drinking places is down by 3.1 million since February…. In June…, employment in retail trade…is 1.3 million lower than in February….

"Employment…in education and health services in June…is 1.8 

million below February's level….Job losses continued in nursing care facilities (-18,000)…Since February, employment in the other services industry is down by 752,000.

"In June, manufacturing employment…is down by 757,000 since 

February…. Professional and business services…employment is 1.8 million below its February level…. In June…employment declined in computer systems design and related services (-20,000)…

"Wholesale trade employment... is down by 317,000 since …February…. Since February, employment in financial activities is down by 237,000… Government employment is 1.5 million below its February level. 

"Mining continued to lose jobs in June (-10,000), with most of the decline occurring in support activities for mining (-7,000). Mining employment is down by 123,000 since a recent peak in January 2019, although nearly three-fourths of the decline has occurred 

since February 2020…"

In June 2020, 18,072,000 people in the United States were still unemployed, according to the Bureau of Labor Statistics' not seasonally adjusted figures; and the not-seasonally adjusted unemployment rate for all U.S. workers was 11.2 percent.