UNEMPLOYMENT JUMPS TO 9.6%

THE EMPLOYMENT SITUATION — AUGUST 2010

Nonfarm payroll employment changed little (-54,000) in August, and the unem-
ployment rate was about unchanged at 9.6 percent, the U.S. Bureau of Labor
Statistics reported today. Government employment fell, as 114,000 temporary
workers hired for the decennial census completed their work. Private-sector
payroll employment continued to trend up modestly (+67,000).

Household Survey Data

The number of unemployed persons (14.9 million) and the unemployment rate
(9.6 percent) were little changed in August. From May through August, the
jobless rate remained in the range of 9.5 to 9.7 percent. (See table A-1.)

Among the major worker groups, the unemployment rate for adult men (9.8 per-
cent), adult women (8.0 percent), teenagers (26.3 percent), whites (8.7 per-
cent), blacks (16.3 percent), and Hispanics (12.0 percent) showed little
change in August. The jobless rate for Asians was 7.2 percent, not season-
ally adjusted. (See tables A-1, A-2, and A-3.)

The number of long-term unemployed (those jobless for 27 weeks and over) de-
clined by 323,000 over the month to 6.2 million. In August, 42.0 percent of
unemployed persons had been jobless for 27 weeks or more. (See table A-12.)

In August, the civilian labor force participation rate (64.7 percent) and
the employment-population ratio (58.5 percent) were essentially unchanged.
(See table A-1.)

The number of persons employed part time for economic reasons (sometimes re-
ferred to as involuntary part-time workers) increased by 331,000 over the
month to 8.9 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.)

About 2.4 million persons were marginally attached to the labor force in
August, little changed from a year earlier. (The data are not seasonally ad-
justed.) These individuals were not in the labor force, wanted and were avail-
able 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
August, an increase of 352,000 from a year earlier. (The data are not season-
ally adjusted.) Discouraged workers are persons not currently looking for work
because they believe no jobs are available for them. The remaining 1.3 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.

Establishment Survey Data

Total nonfarm payroll employment was little changed (-54,000) in August. Govern-
ment employment fell by 121,000, reflecting the departure of 114,000 temporary
Census 2010 workers from federal government payrolls. Total private employment
continued to trend up modestly over the month (+67,000). Since its most recent
low in December 2009, private-sector employment has risen by 763,000. (See
table B-1.)

Employment in health care increased by 28,000 in August, with the largest gains
occurring in ambulatory health care services (+17,000) and hospitals (+9,000).
Thus far in 2010, the health care industry has added an average of 20,000 jobs
per month, about in line with the average monthly job growth in 2009.

Mining employment rose by 8,000 in August. Since a recent low in October 2009,
employment in the industry has increased by 72,000. Support activities for mining
has accounted for about three-fourths of the gain.

Manufacturing employment declined by 27,000 over the month. A decline in motor
vehicles and parts (-22,000) offset a gain of similar magnitude in July as the
industry departed somewhat from its usual layoff and recall pattern for annual
retooling.

Within professional and business services, employment in temporary help services
was up by 17,000. This industry has added 392,000 jobs since a recent employment
low in September 2009.

Construction employment was up (+19,000) in August. This change partially re-
flected the return to payrolls of 10,000 workers who were on strike in July.

Employment in retail trade was about unchanged over the month. A job gain among
motor vehicle and parts dealers (+8,000) was essentially offset by losses in
building materials and garden supply stores (-6,000).

Employment in other private-sector industries, including wholesale trade, trans-
portation and warehousing, information, financial activities, and leisure and
hospitality, showed little change in August.

Over the month, government employment fell by 121,000, largely reflecting the
loss of 114,000 temporary workers hired for Census 2010. The number of tempor-
ary Census 2010 workers peaked in May at 564,000 but has declined to 82,000 in
August.

The average workweek for all employees on private nonfarm payrolls was unchanged
over the month at 34.2 hours. The manufacturing workweek for all employees in-
creased by 0.1 hour to 40.2 hours, and factory overtime was up by 0.1 hour. The
average workweek for production and nonsupervisory employees on private nonfarm
payrolls increased by 0.1 hour to 33.5 hours. (See tables B-2 and B-7.)

Average hourly earnings of all employees on private nonfarm payrolls increased
by 6 cents, or 0.3 percent, to $22.66 in August. Over the past 12 months, aver-
age hourly earnings have increased by 1.7 percent. In August, average hourly
earnings of private-sector production and nonsupervisory employees increased by
3 cents, or 0.2 percent, to $19.08. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for June was revised from -221,000
to -175,000, and the change for July was revised from -131,000 to -54,000.

Join Emptysuit On Twitter

Click On Links:
Palin: ‘I hope that Dr. King would be so proud of us’
Michelle Obama Chimp Image On Google

Rush Limbaugh: The Obamas Party Like Royalty
Michelle Obama Chimp Image On Google
Obama’s Change? 30,000 Show Up For Public Housing
Obama Admitting He Is Muslim
Obama Gives $3B To Jobless Homeowners
Obama’s Stimulus Package Has Failed To Deliver
Rush Limbaugh: The Obamas Party Like Royalty
Obama Lied About Jobs Created By Stimulus Programs
Obama Lied About Creating Jobs
Michelle Obama On Beach In Spain
49 Of 50 States Have Lost Jobs Under Obama
If I help him, he’s going to help me

Hillary Clinton Warned America About Obama
Barack Obama First Year Presidential Actions
Obama’s Approval Rating

  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s