U.S. unemployment falls to 8.1% in April 2012 as white unemployment increased and black unemployment decreased

U.S. unemployment falls to 8.1% in April 2012 as white unemployment increased and black unemployment decreased

 

By Dilemma X
Source: U.S. Bureau of Labor Statistics  

Nonfarm payroll employment rose by 115,000 in April 2012, and the unemployment rate was little changed at 8.1% from 8.2% in March 2012. In the previous month nonfarm payroll employment rose by 120,000 in March 2012. This is the 26th month of straight job growth even though many people have given up looking for jobs because they feel businesses are not hiring and many baby boomers are retiring.
 

The number of long-term unemployed (those jobless for 27 weeks and over) was little changed at 5.1 million in April 2012. These individuals made up 41.3% of the unemployed.

 
The number of unemployed persons was 12.5 million in April 2012 compared to 12.7 million in March 2012.
 
The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was essentially unchanged in April 2012 at 7.9 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.
 
In April 2012, employment in temporary help services edged up by 21,000. Employment grew in architectural and engineering services (+7,000) and in computer systems design and related services (+7,000). Health care continued to add jobs (+19,000).
 
Within leisure and hospitality, employment in food services and drinking places continued to trend up (+20,000). Since February 2010, food
services and drinking places has added 576,000 jobs.
 
Manufacturing employment continued to trend up (+16,000) in April, with job growth in fabricated metal products (+6,000) and machinery (+5,000). Since its most recent employment low in January 2010, manufacturing has added 489,000 jobs, largely in durable goods manufacturing.
 
Transportation and warehousing lost 17,000 jobs in April, with employment declines in transit and ground passenger transportation (-11,000) and in couriers and messengers (-7,000).
 ___________________________________________________________________________
 
The Great Recession and the Global Financial Crisis began in December 2007. The financial crisis was triggered by a complex problems in the United States banking system, the U.S. housing bubble and other financial failures.
 

Past April unemployment rates:

April 2011 was 9.0%
April 2010  was 9.9% even though nonfarm payroll employment rose by 290,000 in April. There were 15.26 million unemployed persons.
 
April 2009 was 8.9%  President Barack Obama assumed office January 20, 2009

Between January and March, 2009 more than 2 million jobs were lost and 663,000 were lost in March 2009 alone. The number of unemployed persons increased to 13.2 million that month

April 2008 was 5.1%
The economy shed 80,000 jobs in March 2008. The unemployment rate in March 2008 ticked up to 5.1% from 4.8%, its highest level since the aftermath of Hurricane Katrina in September 2005.
 
April 2007 was 4.5% The number of unemployed persons was 6.8 million.
________________________________________________________________________ 
 
George W. Bush served as the 43rd President of the United States from January 20, 2001 – January 20, 2009.
 
April 2001 the nation’s unemployment rate was 4.5% with a total of  6.4 million unemployed persons
April 2008 the nation’s unemployment rate was 5.0% with a total of 7.6 million unemployed persons.
January 2009 the nation’s unemployment rate was 7.6% with a total of 11.6 million unemployed persons. For whites the unemployment rate was 6.9% and for African Americans it was 12.6%. 
 
Bill Clinton served as the 42nd President of the United States from January 20, 1993 – January 20, 2001.
 
April 1994 the nation’s unemployment rate was 6.4% with a total of 8.4 million unemployed persons.
April 2000 the nation’s unemployment rate was 3.9% with a total of 5.52 million unemployed persons. For whites the unemployment rate was 3.5% and for African Americans it was 7.2%. This is the first time the nation’s unemployment rate had been below 4.0% since January 1970.
January 2001 the nation’s unemployment rate was 4.2%. The number of unemployed persons rose to 5.95 million.
 
_______________________________________________________________
 
April 2012
 
African Ameriacan unemployment
 
African American unemployment for April 2012 decreased to 13.0% (Seasonally adjusted)
African American unemployment for March 2012 was 14.0% (Seasonally adjusted)
African American unemployment for February 2012 was 14.1% (Seasonally adjusted)
African American unemployment for January 2012 was 13.6% (Seasonally adjusted)
African American unemployment for December 2011 was to 15.8% (Seasonally adjusted)
African American unemployment for November 2011 was 15.5% (Seasonally adjusted)
African American unemployment for October 2011 was 15.0% (Seasonally adjusted)
African American unemployment for September 2011 was 15.9% (Seasonally adjusted)
African American unemployment for August 2011 was 16.7% (Seasonally adjusted)
African American unemployment for July 2011 was 15.9% (Seasonally adjusted)
African American unemployment for June 2011 was 16.2% (Seasonally adjusted)
African American unemployment for May 2011 was 16.2% (Seasonally adjusted)
African American unemployment for April 2011 was 16.1% (Seasonally adjusted)
African American unemployment for May 2010 was 15.3% (Seasonally adjusted) 
 
By Sex
African American unemployment for men 20 years and over

April 2012 decreased to 13.6% (Seasonally adjusted)
March 2012 was13.8% (Seasonally adjusted)
February 2012 was14.3% (Seasonally adjusted)
January 2012 was 12.7% (Seasonally adjusted)
December 2011 was 15.7% (Seasonally adjusted)
November 2011 was 16.4% (Seasonally adjusted)
October 2011 was 16.0% (Seasonally adjusted)
September 2011 was 16.6% (Seasonally adjusted)
August 2011 was 18.0% (Seasonally adjusted)
July 2011 was 17.0% (Seasonally adjusted)
June 2011 was 17.0% (Seasonally adjusted)
May 2011 was 17.5% (Seasonally adjusted)
April 2011 was 17.0%  (Seasonally adjusted)
May 2010 was 17.0% (Not seasonally adjusted).
September 2009 was 15.5% (Not seasonally adjusted).
August 2010 was at 17.3%
 
African American unemployment for women 20 years and over

April 2012 decreased to 10.8% (Seasonally adjusted)
March 2012 was 12.3% (Seasonally adjusted)
February 2012 was 12.4% (Seasonally adjusted)
January 2012 was 12.6% (Seasonally adjusted)
December 2011 was 13.9% (Seasonally adjusted)
November 2011 was 13.0% (Seasonally adjusted)
October 2011 was 12.6% (Seasonally adjusted)
September 2011 was 13.2% (Seasonally adjusted)
August 2011 was 13.4% (Seasonally adjusted)
July 2011 was 13.4% (Seasonally adjusted)
June 2011 was 13.8% (Seasonally adjusted)
May 2011 was 13.4% (Seasonally adjusted)
April 2011 was 13.4% (Seasonally adjusted)
May 2010 was 12.0% (Not seasonally adjusted).
September 2009 was 13.4% (Not seasonally adjusted).
August 2010 was 13.2%
 
African American unemployment for both sexes, 16 to 19 years

April 2012 decreased to 38.2% (Seasonally adjusted)
March 2012 was 40.5% (Seasonally adjusted)
February 2012 was 34.7% (Seasonally adjusted)
January 2012 was 38.5% (Seasonally adjusted)
December 2011 was 42.1% (Seasonally adjusted)
November 2011 was 39.6% (Seasonally adjusted)
October 2011 was 37.5% (Seasonally adjusted)
September 2011 was 43.6% (Seasonally adjusted)
August 2011 was 46.3% (Seasonally adjusted)
July 2011 was 39.2% (Seasonally adjusted)
June 2011 was 39.9% (Seasonally adjusted)
May 2011 was 40.7% (Seasonally adjusted)
April 2011 was 41.6% (Seasonally adjusted)
May 2010 was 38.4% (Not seasonally adjusted).
September 2009 was 40.7% (Not seasonally adjusted).
August 2010 was 45.4%
________________________________________________________
 
White unemployment
April 2012 increased to 7.4% (Seasonally adjusted)
March 2012 was 7.3% (Seasonally adjusted)
February 2012 was 7.3% (Seasonally adjusted)
January 2012 was 7.4% (Seasonally adjusted)
December 2011 was 7.5% (Seasonally adjusted)
November 2011 was 7.6% (Seasonally adjusted)
October 2011 was 8.0% (Seasonally adjusted)
September 2011 was 7.9% (Seasonally adjusted)
August 2011 was 7.9% (Seasonally adjusted)
July 2011 was 7.9% (Seasonally adjusted)
June 2011 was 8.1% (Seasonally adjusted)
May 2011 was 7.9% (Seasonally adjusted)
May 2010 was 8.4% (Seasonally adjusted)
 
By Sex
White unemployment for men 20 years and over
April 2012 remained unchanged at 6.8% (Seasonally adjusted)
March 2012 was 6.8% (Seasonally adjusted)
February 2012 was 6.8% (Seasonally adjusted)
January 2012 was 6.9% (Seasonally adjusted)
December 2011 was 7.1% (Seasonally adjusted)
November 2011 was 7.3% (Seasonally adjusted)
October 2011 was 7.8% (Seasonally adjusted)
September 2011 was 7.7% (Seasonally adjusted)
August 2011 was 7.7% (Seasonally adjusted)
July 2011 was 7.9% (Seasonally adjusted)
June 2011 was 8.1% (Seasonally adjusted)
May 2011 was 7.9% (Seasonally adjusted)
April 2011 was 7.9% (Seasonally adjusted)
May 2010 was 8.4% (Not seasonally adjusted).
September 2009 was 8.7% (Not seasonally adjusted).
August 2010 was 8.9%
 
White unemployment for women unemployment 20 years and over
April 2012 increased to 6.8% (Seasonally adjusted)
March 2012 was 6.6% (Seasonally adjusted)
February 2012 was 6.8% (Seasonally adjusted)
January 2012 was 6.8% (Seasonally adjusted)
December 2011 decreased to 6.8% (Seasonally adjusted)
November 2011 was 6.9% (Seasonally adjusted)
October 2011 was 7.0% (Seasonally adjusted)
September 2011 was 7.1% (Seasonally adjusted)
August 2011 was 7.0% (Seasonally adjusted)
July 2011 was 7.0% (Seasonally adjusted)
June 2011 was 7.1% (Seasonally adjusted)
May 2011 was 7.1% (Seasonally adjusted)
April 2011 was 7.0% (Seasonally adjusted)
May 2010 was 7.0% (Not seasonally adjusted).
September 2009 was 7.2% (Not seasonally adjusted).
August 2010 was 7.1%
 
White unemployment for both sexes, 16 to 19 years

April 2012 increased to 22.8% (Seasonally adjusted)
March 2012 was 22.5% (Seasonally adjusted)
February 2012 was 21.3% (Seasonally adjusted)
January 2012 was 21.1% (Seasonally adjusted)
December 2011 was 20.3% (Seasonally adjusted)
November 2011 was 21.3% (Seasonally adjusted)
October 2011 was 21.7% (Seasonally adjusted)
September 2011 was 21.2% (Seasonally adjusted)
August 2011 was 22.8% (Seasonally adjusted)
July 2011 was 23.0% (Seasonally adjusted)
June 2011 was 21.8% (Seasonally adjusted)
May 2011 was 20.7% (Seasonally adjusted)
April 2011 was 22.3%  (Seasonally adjusted)
May 2010 was 25.1% (Not seasonally adjusted).
September 2009 was 23.0% (Not seasonally adjusted).
August 2010 was 23.8%
__________________________________________________________________________
 
Seasonally Adjusted
Not Seasonally Adjusted
 
Seasonal adjustment
is a statistical method for removing the seasonal component of a time series used when analyzing non-seasonal trends. Whereas, not-seasonally-adjusted reflects the actual current data. It is normal to report not-seasonally-adjusted data for current unemployment rates. Seasonally adjusted data may be used for the longer term comparison.
 
Total employment and unemployment vary throughout the year. For example,higher unemployment in January and February isn’t uncommon because of work in agriculture, construction and other seasonal industries slowing down. Also, both employment and unemployment rise every June, when students enter the labor force in search of summer jobs. Seasonally adjusted numbers also take into account seasonal hiring/layoff patterns that go along with winter and summer holidays.

Mitt Romney proposed an economic stimulus package in 2008 during his presidential primary

 

December 06, 2008: President-elect Obama’s Weekly Address

About Dilemma X

Dilemma X, LLC provides research dedicated to the progression of economic development. Our services aid clients in enhancing overall production statistics. Please visit http://www.dilemma-x.com for more information

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