{"id":9070,"date":"2018-04-06T17:30:53","date_gmt":"2018-04-06T17:30:53","guid":{"rendered":"https:\/\/njfac.org\/?p=9070"},"modified":"2018-04-13T15:06:58","modified_gmt":"2018-04-13T15:06:58","slug":"unemployment-data-march-2018","status":"publish","type":"post","link":"https:\/\/njfac.org\/index.php\/2018\/04\/06\/unemployment-data-march-2018\/","title":{"rendered":"Unemployment Data \u2013 March 2018"},"content":{"rendered":"
\n

MARCH 2018<\/span> Unemployment Data\u2013the Full Count<\/strong><\/p>\n<\/header>\n

\n

(U.S. BUREAU OF LABOR STATISTICS)<\/p>\n

OFFICIAL UNEMPLOYMENT: 4<\/strong>.1<\/strong><\/span>%<\/strong>*\u00a0[Analyses]<\/a><\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
White<\/strong><\/td>\n\n
\u00a0 \u00a0 \u00a03<\/strong>.6<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
African American<\/strong><\/td>\n\n
6.9<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Hispanic<\/strong><\/td>\n\n
5.1<\/span><\/strong>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Asian**<\/strong><\/td>\n\n
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 3.1<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Persons with a disability**<\/strong><\/td>\n\n
\u00a0 8<\/strong>.2<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Men 20 years and over<\/strong><\/td>\n\n
3.7<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Women 20 years and over<\/strong><\/td>\n\n
3.7<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Teens (16-19 years)<\/strong><\/td>\n\n
13.5<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Black teens<\/strong><\/td>\n\n
27.9<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Officially unemployed<\/strong><\/td>\n\n
6.6<\/span> million<\/strong><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

HIDDEN UNEMPLOYMENT<\/strong><\/p>\n\n\n\n\n\n
Working part-time because can\u2019t find a full-time job:<\/td>\n5.0<\/span><\/strong> million<\/strong><\/td>\n<\/tr>\n
People who want jobs but are not looking so are not counted in official statistics (of which about 1.5 million** searched for work during the prior 12 months and were available for work during the reference week.)<\/td>\n5.1 million<\/strong><\/td>\n<\/tr>\n
Total: 16.7<\/span> million (10.0<\/span>%<\/strong>\u00a0of the labor force)<\/strong><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source:\u00a0http:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf<\/a>\u00a0See also\u00a0Current Employment Statistics\u2013Highlights\u00a0<\/a>For BLS State and area data, see\u00a0Geographic Information<\/a>\u00a0and\u00a0State Unemployment Summary<\/a>.<\/p>\n

**Not seasonally adjusted.
\n*See\u00a0Uncommon Sense #4<\/a><\/em>\u00a0for an explanation of the unemployment measures, and\u00a0Is the Decline in the Labor Force Participation Rate During This Recession Permanent?<\/em><\/a>.<\/p>\n

\n
Unemployment rates by state–BLS<\/a><\/div>\n
Current Unemployment Rates for States and Historical Highs\/Lows, Seasonally Adjusted<\/span><\/a><\/div>\n<\/div>\n<\/div>\n
\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 2016,\u00a0 that number was 16.8 million, 14.8 percent of full-time, full-year workers (estimated from\u00a0Current Population Survey, Bur. of the\u00a0 Census, 8\/17)<\/a>. The\u00a0poverty threshold in 2016\u00a0<\/a>was\u00a0$24,563 for a family of four.<\/p>\n

In February 2018, the latest month available, the number of job openings was 6.1 million.\u00a0Job Openings and Labor Turnover Summary<\/a>, April 13, 2018.\u00a0\u00a0Thus there are 2.7 job-wanters\u00a0for each available job.<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

MARCH 2018 Unemployment Data\u2013the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 4.1%*\u00a0[Analyses] White \u00a0 \u00a0 \u00a03.6% African American 6.9% Hispanic 5.1% Asian** \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 3.1% Persons with a disability** \u00a0 8.2% Men 20 years and over 3.7% Women 20 years and over 3.7% Teens (16-19 years) 13.5% Black teens 27.9%… Read More Unemployment Data \u2013 March 2018<\/span><\/a><\/p>\n","protected":false},"author":8,"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":[49,1],"tags":[],"class_list":["post-9070","post","type-post","status-publish","format-standard","hentry","category-current-rate","category-uncategorized"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/posts\/9070","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/comments?post=9070"}],"version-history":[{"count":0,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/posts\/9070\/revisions"}],"wp:attachment":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/media?parent=9070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/categories?post=9070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/tags?post=9070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}