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Discussing the Diaspora as seen through an internal Black lens
June 2009 National Unemployment Numbers & Analysis
June 5th, 2009
For last months numbers go here.
The following is a press release from the Bureau of Labor statistics: (analysis is below)
Friday, June 5, 2009.
THE EMPLOYMENT SITUATION: MAY 2009
Nonfarm payroll employment fell by 345,000 in May, about half the
average monthly decline for the prior 6 months, the Bureau of Labor
Statistics of the U.S. Department of Labor reported today. The unem-
ployment rate continued to rise, increasing from 8.9 to 9.4 percent.
Steep job losses continued in manufacturing, while declines moderated
in construction and several service-providing industries.
Unemployment (Household Survey Data)
The number of unemployed persons increased by 787,000 to 14.5 million
in May, and the unemployment rate rose to 9.4 percent. Since the start
of the recession in December 2007, the number of unemployed persons has
risen by 7.0 million, and the unemployment rate has grown by 4.5 percent-
age points. (See table A-1.)
Unemployment rates rose in May for adult men (9.8 percent), adult
women (7.5 percent), whites (8.6 percent), and Hispanics (12.7 percent).
The jobless rates for teenagers (22.7 percent) and blacks (14.9 percent)
were little changed over the month. The unemployment rate for Asians was
6.7 percent in May, not seasonally adjusted, up from 3.8 percent a year
earlier. (See tables A-1, A-2, and A-3.)
Among the unemployed, the number of job losers and persons who completed
temporary jobs rose by 732,000 in May to 9.5 million. This group has in-
creased by 5.8 million since the start of the recession. (See table A-8.)
The number of long-term unemployed (those jobless for 27 weeks or more)
increased by 268,000 over the month to 3.9 million and has tripled since
the start of the recession. (See table A-9.)
Full 26 page report with charts and graphs
Analysis
General Motors will reportedly sell Saturn brand to Roger Penske
Jobless rate hits 9.4 percent in May; layoffs slow
Jobless rate jumps to 9.4 percent in May, even as layoffs slow to 345,000
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Yobachi Boswell is creator and publisher of BlackPerspecitve.net. I’m a writer, activist and political watcher based in Nashville, Tennessee. I’ve also been know to do some spoken word and MCing in my day.
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[...] July 13th, 2009 For last months numbers go here. [...]