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Unemployment decreases to 8.3%. Best jobs report in ages. Underemployment fell slightly to 15.1%.


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Livejournal pictures seem to be down, so until such time as they are up, you will not get to see the traditional Calculated Risk graph of employment percentage unless you go hereThe unemployment rate went down, way down, from 9.0% to 8.6%. And the underemployment rate went way down too, from 16.2% to 15.6%. But the percentage of employed people isn ( Read more... )

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Unemployment rate: 9.1% vs. 9.1%
Underemployment rate: 16.5% vs 16.2%
Average duration of unemployment: 40.5 weeks, the highest ever recorded ( Read more... )

From today's employment and unemployment reportsNo net increase in the number of jobs ( Read more... )

Hullo, President Bachmann?

Nonfarm payroll employment was essentially unchanged in June (+18,000), and the unemployment rate was little changed at 9.2 percent ((up from 9.1%)... Employment in most major private-sector industries changed little over the month. Government employment continued to trend down ( Read more... )

Unemployment increases from 9.0% to 9.1%

• Number of jobs created last month a mere 54,000 (break even is at least 100,000 more than that)
  
• Number of people unemployed for more than six months increased from 5.8 million to 6.2 million.
  
• U6 (a broader measure of un-and-under employment) did decrease from 15.9% to 15.8%
  

Somewhat bizarrely, the average ( Read more... )

The unemployment rate increased from 8.8% to 9.0%, despite the number of people employed increasing by 244,000, and a revision slightly upwards of net job gains from the last two months ( Read more... )