{"id":5206,"date":"2015-11-28T15:47:54","date_gmt":"2015-11-28T15:47:54","guid":{"rendered":"http:\/\/njfac.org\/?p=5206"},"modified":"2017-05-13T01:49:59","modified_gmt":"2017-05-13T01:49:59","slug":"september-2015","status":"publish","type":"post","link":"https:\/\/njfac.org\/index.php\/2015\/11\/28\/september-2015\/","title":{"rendered":"September 2015"},"content":{"rendered":"

SEPTEMBER 2015 Unemployment Data — the Full Count*<\/strong>
\n (U.S. BUREAU OF LABOR STATISTICS)<\/strong><\/p>\n

\n

Official Unemployment<\/strong>: 5.1%*[Analyses]
\nWhite: 4.4%
\nAfrican American: 9.2%
\nHispanic: 6.4%
\nAsian**: 3.6%
\nPersons with a disability**: 10.4%
\nMen 20 years and over: 4.7%
\nWomen 20 years and over: 4.6%
\nTeens (16-19 years): 16.3%
\nBlack teens: 31.5%
\nOfficially unemployed: 7.9 million<\/p>\n

*If the LFPR were at its pre-recession level, the unemployment rate in September 2015 would have been 7.4% instead of 5.1%<\/a>. [See “The Labor Force Participation Rate and Its Trajectory<\/a>“]<\/p>\n

\n

Hidden Unemployment<\/strong>
\nWorking part-time because can’t find a full-time job: 6.0 million
\nPeople who want jobs but are not looking so are not counted in official statistics (of which about 1.9 million** searched for work during the prior 12 months and were available for work during the reference week.): 6.0 million
\nTotal: 19.9 million (12.2% of the labor force)<\/p>\n

Source: http:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf
\n<\/a>See also Current Employment<\/p>\n

\n

Statistics — Highlights<\/strong><\/p>\n

**Not seasonally adjusted.
\n*See Uncommon Sense #4<\/em><\/a> for an explanation of the unemployment measures, and Is the Decline in the Labor Force Participation Rate During This Recession Permanent?<\/em><\/p>\n

In addition, millions more were working full-time, year-round, yet earned less than the official poverty level for a family of four. In 2013, the latest year available, that number was 18.5 million, 17.5 percent of full-time, full-year workers (estimated from Current Population Survey,<\/em> Bureau of the Census, 9\/2014).<\/p>\n

\n

Job Openings and Labor Turnover Summary<\/a><\/em><\/p>\n

Unemployment Rate Vastly Understates Labor Market Weakness<\/em><\/a>, EPI<\/p>\n

Chartbook: The Legacy of the Great Recession<\/em><\/a>, Center on Budget and Policy Priorities<\/p>\n

BLS slides<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SEPTEMBER 2015 Unemployment Data — the Full Count* (U.S. BUREAU OF LABOR STATISTICS) Official Unemployment: 5.1%*[Analyses] White: 4.4% African American: 9.2% Hispanic: 6.4% Asian**: 3.6% Persons with a disability**: 10.4% Men 20 years and over: 4.7% Women 20 years and over: 4.6% Teens (16-19 years): 16.3% Black teens: 31.5% Officially unemployed: 7.9 million *If the… Read More September 2015<\/span><\/a><\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-5206","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/posts\/5206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/comments?post=5206"}],"version-history":[{"count":0,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/posts\/5206\/revisions"}],"wp:attachment":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/media?parent=5206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/categories?post=5206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/tags?post=5206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}