June 2010 National Unemployment Numbers

June 4th, 2010

You can see last months numbers here.

The following is a press release from the Bureau of Labor statistics:

Friday, June 4, 2010

THE EMPLOYMENT SITUATION — May 2010

Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector employment changed little (+41,000). Manufacturing, temporary help services, and mining added jobs, while construction employment declined. The unemployment rate edged down to 9.7 percent.

Household Survey Data

The number of unemployed persons was 15.0 million in May. The unem-
ployment rate edged down to 9.7 percent, the same rate as in the
first 3 months of 2010. (See table A-1.)

Among the major worker groups, the unemployment rate for blacks (15.5
percent) declined in May, while the rates for adult men (9.8 percent),
adult women (8.1 percent), teenagers (26.4 percent), whites (8.8 per-
cent), and Hispanics (12.4 percent) showed little change. The jobless
rate for Asians was 7.5 percent, not seasonally adjusted. (See tables
A-1, A-2, and A-3.)

In May, the number of long-term unemployed (those jobless for 27 weeks
and over) was about unchanged at 6.8 million. These individuals made
up 46.0 percent of unemployed persons, about the same as in April.
(See table A-12.)

Unemployment

The number of unemployed reentrants to the labor force fell by 286,000
in May, offsetting an increase in April. (See table A-11.)

In May, the civilian labor force participation rate edged down by 0.2
percentage point to 65.0 percent. The employment-population ratio was
about unchanged over the month at 58.7 percent. (See table A-1.)

The number of persons employed part time for economic reasons (some-
times referred to as involuntary part-time workers) declined by
343,000 in May to 8.8 million. These individuals were working part
time because their hours had been cut back or because they were un-
able to find a full-time job. (See table A-8.)

About 2.2 million persons were marginally attached to the labor force
in May, unchanged 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 1.1 million discouraged
workers in May, up by 291,000 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 1.1 million persons marginally attached to the labor
force had not searched for work in the 4 weeks preceding the survey
for reasons such as school attendance or family responsibilities.
(See table A-16.)

Establishment Survey Data

Nonfarm payroll employment increased by 431,000 in May, reflecting the addition of 411,000 temporary workers for Census 2010. Total pri-
vate employment showed little change over the month (+41,000), fol-lowing increases in March and April. In May, manufacturing, tempo-
rary help services, and mining added jobs, while employment in con-
struction declined. (See table B-1.)

Manufacturing employment increased by 29,000 over the month. Factory employment has risen by 126,000 over the past 5 months. Within manu-facturing, both fabricated metals and machinery added jobs in May.

Temporary help services added 31,000 jobs over the month; employment in the industry has risen by 362,000 since September 2009.

You can see the rest of the report here.

Commentary:

Black unemployment drops, economy still struggling

“The unemployment rate for Blacks came down in May to 15.5 percent, a whole percentage point lower than April. It’s good news, although that rate is still higher than the 14.7 percent unemployment among African Americans one year ago.”
…source

CNBC Video On Dissapointing Jobs Report:

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  • D. Yobachi Boswell

  • 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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