{"id":9629,"date":"2018-07-06T19:19:23","date_gmt":"2018-07-06T19:19:23","guid":{"rendered":"https:\/\/njfac.org\/?p=9629"},"modified":"2018-08-03T18:16:46","modified_gmt":"2018-08-03T18:16:46","slug":"unemployment-data-june-2018","status":"publish","type":"post","link":"https:\/\/njfac.org\/index.php\/2018\/07\/06\/unemployment-data-june-2018\/","title":{"rendered":"Unemployment Data \u2013 JUNE 2018"},"content":{"rendered":"

JUNE 2018 Unemployment Data\u2013the Full Count<\/strong><\/p>\n

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

OFFICIAL UNEMPLOYMENT: 4<\/strong>.0<\/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>.5<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
African American<\/strong><\/td>\n\n
6.5<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Hispanic<\/strong><\/td>\n\n
4.6<\/span><\/strong>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Asian**<\/strong><\/td>\n\n
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 3.2<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Persons with a disability**<\/strong><\/td>\n\n
\u00a0 8<\/strong>.3<\/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
12.6<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Black teens<\/strong><\/td>\n\n
20.3<\/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>\n4.7 <\/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 1.4 million** searched for work during the prior 12 months and were available for work during the reference week.)<\/td>\n5.3 million<\/strong><\/td>\n<\/tr>\n
Total: 16.6<\/span> million (9.9<\/span>%<\/strong>\u00a0of the labor force)<\/strong><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: http:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf<\/a> See also Current Employment Statistics\u2013Highlights<\/a>. For BLS State and area data,<\/a> see Geographic Information and State Unemployment Summary<\/a>.<\/p>\n

**Not seasonally adjusted.
\n*See Uncommon Sense #4 for an explanation of the unemployment measures, and Is the Decline in the Labor Force Participation Rate During This Recession Permanent?.
\nUnemployment rates by state–BLS
\nCurrent Unemployment Rates for States and Historical Highs\/Lows, Seasonally Adjusted<\/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 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 May 2018, the latest month available, the number of job openings was 6.6 million.\u00a0Job Openings and Labor Turnover Summary<\/a>, July 10, 2018.\u00a0\u00a0Thus there are 2.5 job-wanters\u00a0for each available job.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

JUNE 2018 Unemployment Data\u2013the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 4.0%*\u00a0[Analyses] White \u00a0 \u00a0 \u00a03.5% African American 6.5% Hispanic 4.6% Asian** \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 3.2% Persons with a disability** \u00a0 8.3% Men 20 years and over 3.7% Women 20 years and over 3.7% Teens (16-19 years) 12.6% Black teens 20.3%… Read More Unemployment Data \u2013 JUNE 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-9629","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\/9629","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=9629"}],"version-history":[{"count":0,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/posts\/9629\/revisions"}],"wp:attachment":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/media?parent=9629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/categories?post=9629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/tags?post=9629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}