May 2009 National Unemployment Numbers & Analysis

May 8th, 2009

For last months numbers go here.

The following is a press release from the Bureau of Labor statistics: (analysis is below)

Friday, May 8, 2009.
THE EMPLOYMENT SITUATION: April 2009

Nonfarm payroll employment continued to decline in April (-539,000), and
the unemployment rate rose from 8.5 to 8.9 percent, the Bureau of Labor Sta-
tistics of the U.S. Department of Labor reported today. Since the recession
began in December 2007, 5.7 million jobs have been lost. In April, job los-
ses were large and widespread across nearly all major private-sector indus-
tries. Overall, private-sector employment fell by 611,000.

Unemployment (Household Survey Data)

Unemployment

The number of unemployed persons increased by 563,000 to 13.7 million in
April, and the unemployment rate rose to 8.9 percent. Over the past 12 months,
the number of unemployed persons has risen by 6.0 million, and the unemployment
rate has grown by 3.9 percentage points. (See table A-1.)

Unemployment rates rose in April for adult men (9.4 percent) and blacks
(15.0 percent). The jobless rates for adult women (7.1 percent), teenagers
(21.5 percent), whites (8.0 percent), and Hispanics (11.3 percent) were little
changed over the month. The unemployment rate for Asians was 6.6 percent in
April, not seasonally adjusted, up from 3.2 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 571,000 in April to 8.8 million. This group has more
than doubled in size over the past 12 months. (See table A-8.)

The number of long-term unemployed (those jobless for 27 weeks or more)
increased by 498,000 to 3.7 million over the month and has risen by 2.4 mil-
lion since the start of the recession in December 2007. (See table A-9.)

Total Employment and the Labor Force (Household Survey Data)

The civilian labor force participation rate rose in April to 65.8 percent,
and the employment-population ratio was unchanged at 59.9 percent. The employ-
ment-population ratios for adult men and women showed little or no change over
the month. However, since December 2007, the men’s ratio was down by 4.4 per-
centage points, while the women’s ratio was down by 1.3 percentage points.
(See table A-1.)

In April, the number of persons working part time for economic reasons
(sometimes referred to as involuntary part-time workers) was essentially un-
changed at 8.9 million; however, the number of such workers has risen by 3.7
million over the past 12 months. (See table A-5.)

For full report, go here



posted in Socio-Economic, Uncategorized | | | View blog reactions |


3 Responses to “May 2009 National Unemployment Numbers & Analysis”

  1. BlackPerspective.net » Blog Archive » April 2009 National Unemployment Numbers & Analysis on May 8th, 2009 6:08 pm | link

    [...] April 8th, 2009 If you’re looking for the unemployment report for May 2009, go here. [...]

  2. BlackPerspective.net » Blog Archive » Unemployment Situation May 2009 on May 8th, 2009 10:49 pm | link

    [...] That is now out; see the release here:May Unemployment Data [...]

  3. KimNorth on May 9th, 2009 5:50 pm | link

    Immigration 111: Racists, Xenophobes, and Bigots

    http://video.google.com/videoplay?docid=-5519929737078857795

    Hi Yobachi,

    This is very good and talks about how we are giving away our hard earned legal rights and jobs. Could you post this on your site, if you only watch the first 15-20 minutes you get the message it’s 1 1/2 hours long but great.

    If the link does not work let me know.

    Thanks,
    Kim

Leave a Reply




About The Blog

  • 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.

    I created this site to give new voice to socio-political issues that are in need of thoughtful consideration and redress.

    Click the "More About The Blog" link for rest of this statement.

    Also, if you like what you see, subscribe for a once a day email to be sent on days when we post by entering your email address in the feed burner subscription box below.
  • More About The Blog...

Subscribe via email

Enter your email address in the box below to receive a notice everytime there's a new post at BlackPerspective.net! Your information will not be sold or shared.

Delivered by FeedBurner

Blogroll

Site Meter

Meta



Subscribe Via RSS

My Twitter

Recent Posts

Podcast


Podcast Commenting


Click here to comment on the podcast messages. Click on the title of the message you want in order to comment. Or you can comment to the post which the podcast may refer to.