Friday, September 06, 2013
Tweet[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.