Friday, September 06, 2013

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[IWS] BLS: THE EMPLOYMENT SITUATION -- AUGUST 2013 [6 September 2013]

IWS Documented News Service

_______________________________

Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

________________________________________________________________________

 

THE EMPLOYMENT SITUATION -- AUGUST 2013 [6 September 2013]

http://www.bls.gov/news.release/empsit.nr0.htm

or

http://www.bls.gov/news.release/pdf/empsit.pdf

and

Supplemental Files Table of Contents

http://www.bls.gov/web/empsit.supp.toc.htm

 

 

Total nonfarm payroll employment increased by 169,000 in August, and

the unemployment rate was little changed at 7.3 percent, the U.S.

Bureau of Labor Statistics reported today. Employment rose in retail

trade and health care but declined in information.

 

Household Survey Data

 

Both the number of unemployed persons, at 11.3 million, and the

unemployment rate, at 7.3 percent, changed little in August. The

jobless rate is down from 8.1 percent a year ago. (See table A-1.)

 

Among the major worker groups, the unemployment rates for adult men

(7.1 percent), adult women (6.3 percent), teenagers (22.7 percent),

whites (6.4 percent), blacks (13.0 percent), and Hispanics (9.3

percent) showed little change in August. The jobless rate for Asians

was 5.1 percent (not seasonally adjusted), little changed from a year

earlier. (See tables A-1, A-2, and A-3.)

 

In August, the number of long-term unemployed (those jobless for 27

weeks or more) was about unchanged at 4.3 million. These individuals

accounted for 37.9 percent of the unemployed. Over the past 12 months,

the number of long-term unemployed has declined by 733,000. (See

table A-12.)

 

The civilian labor force participation rate edged down to 63.2 percent

in August. The employment-population ratio, at 58.6 percent, was

essentially unchanged. (See table A-1.)

 

The number of persons employed part time for economic reasons

(sometimes referred to as involuntary part-time workers) declined by

334,000 to 7.9 million in August. 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 August, 2.3 million persons were marginally attached to the labor

force, down by 219,000 from a year earlier. (The 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 866,000 discouraged workers

in August, essentially unchanged from a year earlier. (The 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 1.5 million persons marginally attached to the

labor force in August had not searched for work for reasons such as

school attendance or family responsibilities. (See table A-16.)

 

AND MUCH MORE...including TABLES...

 

 

 

________________________________________________________________________

This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

 




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