Friday, September 05, 2014

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[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.

 

 

 

 

 

 

 

 

 




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