African American unemployment increases to 14.3% in October 2012 while white unemployment remains the same at 7.0%

November 2, 2012

U.S. unemployment rate

African American unemployment increases to 14.3% in October 2012 while white unemployment remains the same at 7.0%

Both the unemployment rate (7.9 percent) and the number of unemployed persons (12.3 million) were essentially unchanged in October, following declines in September.

Among the major worker groups, the unemployment rate for blacks increased to 14.3 percent in October, while the rates for adult men (7.3 percent), adult women (7.2 percent), teenagers (23.7 percent), whites (7.0 percent), and Hispanics (10.0 percent) showed little or no change. The jobless rate for Asians was 4.9 percent in October (not seasonally adjusted), down from 7.3 percent a year earlier.

In October, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 5.0 million. These individuals accounted for 40.6 percent of the unemployed.

The civilian labor force rose by 578,000 to 155.6 million in October, and the labor force participation rate edged up to 63.8 percent. Total employment rose by 410,000 over the month.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) fell by 269,000 to 8.3 million in October, partially offsetting an increase of 582,000 in September. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.

Total nonfarm payroll employment increased by 171,000 in October. Employment growth has averaged 157,000 per month thus far in 2012, about the same as the average monthly gain of 153,000 in 2011. In October, employment rose in professional and business services, health care, and retail trade.

Professional and business services added 51,000 jobs in October, with gains in services to buildings and dwellings (+13,000) and in computer systems design (+7,000).

Temporary help employment changed little in October and has shown little net change over the past 3 months. Employment in professional and business services has grown by 1.6 million since its most recent low point in September 2009.

Health care added 31,000 jobs in October. Job gains continued in ambulatory health care services (+25,000) and hospitals (+6,000). Over the past year, employment in health care has risen by 296,000.

Retail trade added 36,000 jobs in October, with gains in motor vehicles and parts dealers  (+7,000), and in furniture and home furnishings stores (+4,000). Retail trade has added 82,000 jobs over the past 3 months, with most of the gain occurring in motor vehicles and parts dealers, clothing and accessories stores, and miscellaneous store retailers.

Employment in leisure and hospitality continued to trend up (+28,000) over the month. This industry has added 811,000 jobs since a recent low point in January 2010, with most of the gain occurring in food services.

Employment in construction edged up in October. The gain was concentrated in specialty trade contractors (+17,000). Manufacturing employment changed little in October. On net, manufacturing employment has shown little change since April.

Mining lost 9,000 jobs in October, with most of the decline occurring in support activities for mining. Since May of this year, employment in mining has decreased by 17,000.

Employment in other major industries, including wholesale trade, transportation and  warehousing, information, financial activities, and government, showed little change over the month.

In October, the average workweek for all employees on private nonfarm payrolls was 34.4 hours for the fourth consecutive month. The manufacturing workweek edged down by 0.1 hour to 40.5 hours, and factory overtime was unchanged at 3.2 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls edged down by 0.1 hour to 33.6 hours.

Source: U.S. Bureau of Labor Statistics | Division of Labor Force Statistics

________________________________________________________________

The Great Recession by the numbers

Dilemma X
The Great Recession and the Global Financial  Crisis began in December 2007. By December 2008 the unemployment rate reached  7.2% and reached its peak in October 2009 with an unemployment rate of 10.2%. 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 October unemployment rates:
October 2012 was 7.9%  The number of unemployed persons was 12.3 million
October 2011 was 9.0%  The number of unemployed persons was 13.9 million
October 2010  was 9.6% The number of unemployed persons was  14.8 million 
October 2009 was 10.2% The number of unemployed persons was 15.7 million 
_________________________________________________
President Barack Obama assumed office January 20, 2009.
In January 2009 the number of unemployed persons was 11.6 million and the unemployment rate was 7.6%.
Unemployment peaked in October 2009 with an unemployment rate of 10.2% and 15.7 million unemployed persons.
White male unemployment, 20  years and over, in December 2008 was 6.5% and White female  unemployment, 20 years and over, was 5.5%.
White male unemployment, 20 years and over, in January 2009 was 6.8% and White female unemployment, 20 years  and over, was 5.8%.
White male unemployment, 20  years and over, in September 2009 was 9.6% and White female  unemployment, 20 years and over, was 7.0%.
White male unemployment, 20  years and over, in October 2009 was 9.9% and White female  unemployment, 20 years and over, was 7.4%.
White male unemployment, 20  years and over, in September 2012 that number for White men is  6.6% and White female unemployment, 20 years and over, was 6.3%.
White male unemployment, 20  years and over, in October 2012 that number for White men is  6.6% and White female unemployment, 20 years and over, was 6.3%.
____________________________
African American male  unemployment, 20 years and over, in December 2008 was 13.4% and  African American female unemployment, 20 years and over, was 8.9%.
African American male  unemployment, 20 years and over, in January 2009 was 15.4% and  African American female unemployment, 20 years and over, was 9.2%.
African American male  unemployment, 20 years and over, in September 2009 was 16.5%  and African American female unemployment, 20 years and over, was 12.5%.
African American male  unemployment, 20 years and over, in October 2009 was 17.1% and  African American female unemployment, 20 years and over, was 12.4%.
African American male  unemployment, 20 years and over, in September 2012 was 14.2%  and African American female unemployment, 20 years and over, was  10.9%.
African American male  unemployment, 20 years and over, in October 2012 was 14.1%  and African American female unemployment, 20 years and over, was  12.4.
_______________________________________
Tuesday, November 6, 2012 is the next United States presidential election.
In November 2009 the number of unemployed  persons was 15.4 million, and the unemployment rate was 10.0%.
In November 2010 the number of unemployed  persons was 15.1 million and the unemployment rate was  9.8%.
In November 2011 the number of unemployed  persons was 13.3 million and the unemployment rate was 8.6%.
Between January 2009 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.
________________________________________________
George W. Bush served as the 43rd President of the United States from January 20, 2001 – January 20, 2009
October 2001 the nation’s  unemployment rate was 5.4% with a total of  7.7 million  unemployed persons
October 2008 the nation’s  unemployment rate was 6.5% with a total of 10.1 million  unemployed persons. Unemployment rate was the following: whites 5.9%  and for blacks 11.1%.
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
October 1994 the nation’s  unemployment rate was 5.8% with a total of 7.6 million  unemployed persons.
October 2000 the nation’s  unemployment rate was 3.9% with a total of 5.5 million  unemployed persons. Unemployment rate was the following: whites 3.4%  and for blacks 7.0%.
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.
__________________________________________________
October 2012
African American unemployment
African  American unemployment for  October 2012 increased to 14.3% (Seasonally  adjusted)
African  American unemployment for  September 2012 was13.4% (Seasonally  adjusted)
African  American unemployment for August 2012  was 14.1% (Seasonally  adjusted)
African  American unemployment for July 2012 was  14.1% (Seasonally adjusted)
African  American unemployment for June 2012 was  14.4% (Seasonally adjusted)
African  American unemployment for May 2012 was  13.6% (Seasonally adjusted)
African  American unemployment for April 2012  was 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
October 2012 decreased to 14.1%  (Seasonally adjusted)
September 2012 was 14.2%  (Seasonally adjusted)
August 2012 was 14.3% (Seasonally   adjusted)
July  2012 was 14.8%  (Seasonally adjusted)
June 2012 was 14.2%  (Seasonally  adjusted)
May 2012 was 14.2%  (Seasonally adjusted)
April 2012 was 13.6%   (Seasonally adjusted)
March 2012 was 13.8%  (Seasonally adjusted)
February  2012 was  14.3% (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) A
ugust 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
October 2012 increased to 12.4%  (Seasonally adjusted)
September 2012 was 10.9%  (Seasonally adjusted)
August 2012 was 12.0% (Seasonally   adjusted)
July  2012 was 11.5% (Seasonally adjusted)
June 2012 was 12.7% (Seasonally  adjusted)
May 2012 was 11.4% (Seasonally adjusted)
April 2012 was 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
October 2012 increased to 40.5%  (Seasonally adjusted)
September 2012 was 36.7%  (Seasonally adjusted)
August 2012  was 37.9% (Seasonally adjusted)
July  2012 was 36.6% (Seasonally adjusted)
June  2012 was 39.3%  (Seasonally adjusted)
May 2012 was 36.5%  (Seasonally  adjusted)
April 2012 was 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%
________________________________________________________
October  2012
White unemployment
White  unemployment for October 2012 remained 7.0% (Seasonally  adjusted)
White unemployment for September 2012  was 7.0% (Seasonally  adjusted)
White unemployment for August 2012 was 7.2% (Seasonally adjusted)
White unemployment for July 2012 was 7.4% (Seasonally adjusted)
White unemployment for June 2012 was 7.4% (Seasonally adjusted)
White unemployment for May 2012 was 7.4% (Seasonally adjusted)
White unemployment for April 2012 was 7.4% (Seasonally adjusted)
White unemployment for March 2012 was 7.3% (Seasonally adjusted)
White unemployment for February 2012 was 7.3% (Seasonally adjusted)
White unemployment for January 2012 was 7.4% (Seasonally adjusted)
White unemployment for December 2011 was 7.5% (Seasonally adjusted)
White unemployment for November 2011 was 7.6% (Seasonally adjusted)
White unemployment for October 2011 was 8.0% (Seasonally adjusted)
White unemployment for September 2011 was 7.9% (Seasonally adjusted)
White unemployment for August 2011 was 7.9% (Seasonally adjusted)
White unemployment for July 2011 was 7.9% (Seasonally adjusted)
White unemployment for June 2011 was 8.1% (Seasonally adjusted)
White unemployment for May 2011 was 7.9% (Seasonally adjusted)
White unemployment for May 2010 was 8.4% (Seasonally adjusted)
By  Sex White unemployment for men 20 years and   over
October 2012 remained 6.6%  (Seasonally adjusted)
September 2012 was 6.6%  (Seasonally adjusted)
August 2012  was 6.8% (Seasonally  adjusted)
September 2012 was % (Seasonally  adjusted)
July  2012 was 6.9%  (Seasonally adjusted)
June 2012 was 7.0%  (Seasonally  adjusted)
May 2012 was 7.0%  (Seasonally adjusted)
April 2012 was 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
October 2012 remained 6.3%  (Seasonally adjusted)
September 2012 was 6.3%  (Seasonally adjusted)
August 2012 was 6.5% (Seasonally   adjusted)
July  2012 was 6.8%  (Seasonally adjusted)
June 2012 was 6.6%  (Seasonally  adjusted)
May 2012 was 6.7%  (Seasonally adjusted)
April 2012 was 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
October 2012 decreased to 20.6%  (Seasonally adjusted)
September 2012 was 21.2%  (Seasonally adjusted)
August 2012  was 22.8% (Seasonally  adjusted)
July  2012 was 21.5%  (Seasonally adjusted)
June 2012 was 20.9%  (Seasonally  adjusted)
May 2012 was 22.0%  (Seasonally adjusted)
April 2012 was 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) D
ecember 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  adjustmentis 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.

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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