Sunday, July 10, 2011

Here Is The Real Story Of The Obama Unemployed. Hope and Change my Butt

THE EMPLOYMENT SITUATION -- JUNE 2011


Nonfarm payroll employment was essentially unchanged in June (+18,000), and the
unemployment rate was little changed at 9.2 percent, the U.S. Bureau of Labor
Statistics reported today. Employment in most major private-sector industries
changed little over the month. Government employment continued to trend down.

Household Survey Data

The number of unemployed persons (14.1 million) and the unemployment rate (9.2
percent) were essentially unchanged over the month. Since March, the number of
unemployed persons has increased by 545,000, and the unemployment rate has
risen by 0.4 percentage point. The labor force, at 153.4 million, changed
little over the month. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men (9.1 percent),
adult women (8.0 percent), teenagers (24.5 percent), whites (8.1 percent), blacks
(16.2 percent), and Hispanics (11.6 percent) showed little or no change in June.
The jobless rate for Asians was 6.8 percent, not seasonally adjusted. (See tables
A-1, A-2, and A-3.)

The number of persons unemployed for less than 5 weeks increased by 412,000 in
June. The number of long-term unemployed (those jobless for 27 weeks and over)
was essentially unchanged over the month, at 6.3 million, and accounted for 44.4
percent of the unemployed. (See table A-12.)

The civilian labor force participation rate was little changed in June at 64.1
percent. The employment-population ratio decreased by 0.2 percentage point to 58.2
percent. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred
to as involuntary part-time workers) was essentially unchanged in June at 8.6
million. These individuals were working part time because their hours had been
cut back or because they were unable to find a full-time job. (See table A-8.)

In June, 2.7 million persons were marginally attached to the labor force, about
the same as a year earlier. (These data are not seasonally adjusted.) 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. (See table A-16.)

Among the marginally attached, there were 982,000 discouraged workers in June,
down by 225,000 from a year earlier. (These data are not seasonally adjusted.)
Discouraged workers are persons not currently looking for work because they
believe no jobs are available for them. The remaining 1.7 million persons
marginally attached to the labor force in June had not searched for work in the
4 weeks preceding the survey for reasons such as school attendance or family
responsibilities. (See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment was essentially unchanged in June (+18,000).
Following gains averaging 215,000 per month from February through April,
employment has been essentially flat for the past 2 months. Employment in most
major private-sector industries changed little in June, while government
employment continued to trend down. (See table B-1.)

Within professional and business services, employment in professional and
technical services increased in June (+24,000). This industry has added 245,000
jobs since a recent low in March 2010. Employment in temporary help services
changed little over the month and has shown little movement on net so far this
year.

Health care employment continued to trend up in June (+14,000), with the largest
gain in ambulatory health care services. Over the prior 12 months, health care had
added an average of 24,000 jobs per month.

In June, employment in mining rose by 8,000, with most of the gain occurring in
support activities for mining. Employment in mining has increased by 128,000 since
a recent low in October 2009.

Employment in leisure and hospitality edged up (+34,000) in June and has grown by
279,000 since a recent low in January 2010.

Employment in government continued to trend down over the month (-39,000). Federal
employment declined by 14,000 in June. Employment in both state government and local
government continued to trend down over the month and has been falling since the
second half of 2008.

Manufacturing employment changed little in June. Following gains totaling 164,000
between November 2010 and April 2011, employment in this industry has been flat for
the past 2 months. In June, job gains in fabricated metal products (+8,000) were
partially offset by a loss in wood products (-5,000).

Construction employment was essentially unchanged in June. After having fallen
sharply during the 2007-09 period, employment in construction has shown little
movement on net since early 2010.

The average workweek for all employees on private nonfarm payrolls decreased by 0.1
hour to 34.3 hours in June. The manufacturing workweek for all employees decreased
by 0.3 hour to 40.3 hours over the month; factory overtime edged down by 0.1 hour
to 3.1 hours. The average workweek for production and nonsupervisory employees on
private nonfarm payrolls remained at 33.6 hours in June. (See tables B-2 and B-7.)

In June, average hourly earnings for all employees on private nonfarm payrolls
decreased by 1 cent to $22.99. Over the past 12 months, average hourly earnings
have increased by 1.9 percent. In June, average hourly earnings of private-sector
production and nonsupervisory employees declined by 1 cent to $19.41. (See tables
B-3 and B-8.)

The change in total nonfarm payroll employment for April was revised from +232,000
to +217,000, and the change for May was revised from +54,000 to +25,000.

_____________
The Employment Situation for July is scheduled to be released on Friday, August 5,
2011, at 8:30 a.m. (EDT).



The PDF version of the news release

Table of Contents

Last Modified Date: July 08, 2011

12 comments:

  1. If this keeps up, NO ONE will be able to deny the problems.

    ReplyDelete
  2. I do not think anyone is denying it per se really just rewording the situation and ignoring it, that is as far as politicians go.

    Now as far as the general public is concerned well half of us see it for what it is, a complete and utter disaster, and the other half have not a clue nor care to.

    All of us real Americans that are awake and aware have much work to do!

    ReplyDelete
  3. Chris is still a moron and an idiot and his grammatical skills show how slow he is.

    ReplyDelete
  4. Great post Chris!
    "Liberal Fools" from HHC (Harvard Comm. College) are the worst failed ideologists, arrogant, no-life experienced socialist around. What did those mindless democrats, fool-hearted independents(reason Obama won), and the disgruntled republicans (that didn't vote)...expect?

    ReplyDelete
  5. We can thank Firebird for this post. Great find. We will get the word out even if the media wont.

    Anon. thanks for pointing out the obvious. I see you lack the courage that I have. It must suck to be a coward.

    ReplyDelete
  6. For all the liberals that read this blog, have fun quizing yourselves on the reality of the outcome of Progressive policies. Only an idiot or a lunatic would keep trying the same things that have failed in every country in history and expecting a different result.

    The montra of the Democratic Party is we need more debt and spending. Keep licking the glass and calling me the idiot. It only helps prove my point.

    ReplyDelete
  7. Great job here Chris, I'm glad to see that there are others that feel the way as I do, and you are a prime example of the way that I feel.

    ReplyDelete
  8. Just because nothing Obama does has worked yet doesn't mean it wont work. It will take him another 4 or 5 years to clean up this country and make it in the European model.

    Obama promised to change this country and he is. Now America will be on the same playing field as the rest of the world. I love it when a plan comes together.

    ReplyDelete
  9. Three days after the U.S. Department of Labor reported that the national unemployment rate had ticked up from 9.1 percent in May to 9.2 percent in June, President Barack Obama said that the loss of jobs in the public sector is "evidence" that his $830-billion economic stimulus legislation worked.

    "Now, without relitigating the past, I'm absolutely convinced, and the vast majority of economists are convinced, that the steps we took in the Recovery Act saved millions of people their jobs or created a whole bunch of jobs," Obama said at his Monday press conference.


    What more proof do you want?
    Read the full story at CNSnews.com

    ReplyDelete
  10. Millions of black Americans endured financial calamities in this recession. But for many others in the black community, where unemployment has risen since the end of the recession, job loss has knocked them out of the middle class and back into poverty. Some even see a historic reversal of hard-won economic gains that took black people decades to achieve.

    I have watched many middle class black families moving back into the poor areas of town. They were promised a change in the way things would be in the future when President Obama took over this country.

    When the black community loses hope it will be ugly. People are getting upset with the treatment of blacks in this country. And who can blame them for getting mad or even getting even when they have double the unemployment as whites and Asians?

    Hispanics haven't faired much better. Gallup poll showed that Obama's support among Hispanics fell almost a third in the last 18 months, down from 73 percent in December 2009 to 52 percent in June 2011.

    Things aren't panning out the way they should be. Why is Wall Street doing so well right now? Nothing makes any sense any more.

    If blacks and Hispanics don't start making a turn for the better we will be looking at riots in all the major cities. Believe me I know what I'm talking about.

    ReplyDelete
  11. Tiger, you may want to ask the Democrats why blacks and Hispanics are doing worse. Maybe we all need to stop listening to what the Democratic Party says they are doing and look at the outcomes. They say they are for the middle class,mainstreet... How is mainstreet doing? Wall Street? The middle class? Blacks? At some point you need to see what is happening and ask why the outcome is always opposite to what the Democratis said it would be.

    Has anyone out there gotten their "Obama money", other then banks,wall street, big business...?

    At least Bush sent us all a check to spend as we wanted and the recession he inharited went away fast as heck.

    I know a lot of blacks that voted for Obama that have started to think twice about their decission.

    I also agree that the inner cities will erupt if things don't change soon. I pray we are wrong.

    ReplyDelete

Please keep it clean and nice. Thank you for taking the time to post you thought. It means a lot to me that you do this.