Friday, September 05, 2014
Tweet[IWS] BLS: THE EMPLOYMENT SITUATION -- AUGUST 2014 [5 September 2014]
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
________________________________________________________________________
This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html
THE EMPLOYMENT SITUATION -- AUGUST 2014 [5 September 2014]
http://www.bls.gov/news.release/empsit.nr0.htm
or
http://www.bls.gov/news.release/pdf/empsit.pdf
[full-text, 39 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/empsit.supp.toc.htm
Total nonfarm payroll employment increased by 142,000 in August, and the
unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor
Statistics reported today. Job gains occurred in professional and business
services and in health care.
Household Survey Data
In August, both the unemployment rate (6.1 percent) and the number of unemployed
persons (9.6 million) changed little. Over the year, the unemployment rate and
the number of unemployed persons were down by 1.1 percentage points and 1.7 million,
respectively. (See table A-1.)
Among the major worker groups, the unemployment rates in August showed little or
no change for adult men (5.7 percent), adult women (5.7 percent), teenagers (19.6
percent), whites (5.3 percent), blacks (11.4 percent), and Hispanics (7.5 percent).
The jobless rate for Asians was 4.5 percent (not seasonally adjusted), little
changed from a year earlier. (See tables A-1, A-2, and A-3.)
The number of long-term unemployed (those jobless for 27 weeks or more) declined
by 192,000 to 3.0 million in August. These individuals accounted for 31.2 percent
of the unemployed. Over the past 12 months, the number of long-term unemployed has
declined by 1.3 million. (See table A-12.)
The civilian labor force participation rate, at 62.8 percent, changed little in
August and has been essentially unchanged since April. In August, the employment-
population ratio was 59.0 percent for the third consecutive month but is up by 0.4
percentage point from a year earlier. (See table A-1.)
The number of persons employed part time for economic reasons (sometimes referred
to as involuntary part-time workers) was little changed in August at 7.3 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 August, 2.1 million persons were marginally attached to the labor force, down
by 201,000 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 775,000 discouraged workers in August,
little changed 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 1.4 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.