US unemployment lowest in 4 years at 7.6% for March 2013 with only 88,000 jobs: – White 6.7%, African American 13.3%

April 5, 2013

U.S. unemployment rate

US March 2013 unemployment the lowest in 4 years at 7.6% -White 6.7%, African American 13.3%
Job participation rate 63.3% is the lowest since May 1979

Unemployment March 2013

U.S. Bureau of Labor Statistics

Nonfarm payroll employment edged up in March (+88,000), and the unemployment rate was little changed at 7.6 percent, the U.S. Bureau of Labor Statistics reported.

Employment grew in professional and business services and in health care but declined in retail trade.

Both the number of unemployed persons, at 11.7 million, and the unemployment rate, at 7.6 percent, were little changed in March.

Among the major worker groups, the unemployment rates for adult men (6.9 percent), adult women (7.0 percent), teenagers (24.2 percent), whites (6.7 percent), blacks (13.3 percent), and Hispanics (9.2 percent) showed little or no change in March. The jobless rate for Asians was 5.0 percent (not seasonally adjusted), little changed from a year earlier.

In March, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 4.6 million. These individuals accounted for 39.6 percent of the unemployed.

The civilian labor force declined by 496,000 over the month, and the labor force participation rate decreased by 0.2 percentage point to 63.3 percent. The employment-population ratio, at 58.5 percent, changed little.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) fell by 350,000 over the month to 7.6 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 March, 2.3 million persons were marginally attached to the labor force, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

Among the marginally attached, there were 803,000 discouraged workers in March, little changed from a year earlier. (These data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.5 million persons marginally attached to the labor force in March had not searched for work for reasons such as school attendance or family responsibilities.

Total nonfarm payroll employment edged up in March (+88,000). Over the prior 12 months, employment growth had averaged 169,000 per month. In March, employment increased in professional and business services and in health care, while retail trade employment declined.

Professional and business services added 51,000 jobs in March. Over the past 12 months, employment in this industry has grown by 533,000. Within professional and business services, accounting and bookkeeping services added 11,000 jobs over the month, and employment continued to trend up in temporary help services and in several other component industries.

Job growth in health care continued in March, with a gain of 23,000, similar to the prior 12-month average. Within health care, employment increased by 15,000 in ambulatory health care services, such as home health care, and by 8,000 in hospitals.

Construction employment continued to trend up in March (+18,000). Job growth in this industry picked up this past fall; since September, the industry has added 169,000 jobs. In March, employment continued to expand among specialty trade contractors (+23,000). Employment in specialty trade contractors has increased by 128,000 since September, with the gain about equally split between the residential and nonresidential components.

Within leisure and hospitality, employment in food services and drinking places continued to trend up in March (+13,000). Over the past year, the industry added 262,000 jobs.

In March, retail trade employment declined by 24,000. The industry had added an average of 32,000 jobs per month over the prior 6 months. In March, job declines occurred in clothing and clothing accessories stores (-15,000), building material and garden supply stores (-10,000), and electronics and appliance stores (-6,000).

Within government, U.S. Postal Service employment fell by 12,000 in March. Employment in other major industries, including mining, manufacturing, wholesale trade, transportation and warehousing, information, financial activities, state government, and local government, showed little change over the month.

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Click image to enlarge

Civilian labor force participation rate

Civilian labor force participation rate

The labor force participation rate—the proportion of the working-age population either working or actively looking for work—is an important labor market measure because it represents the relative size of labor resources available in the production of the Nation’s goods and services. After rising fairly steadily for more than 5 decades, the labor force participation rate peaked at 67.1 percent in the late 1990s. However, since 1999, the rate has receded—to 66.0 percent in 2004–2005.

Population change
For nearly 6 decades, an event that has had a profound effect on the population’s size and composition has been the aging of the “baby-boom” generation—those born between 1946 and 1964.
The baby-boom generation—and the concomitant rise in participation of women—have had an enormous impact on overall participation.

During the 1970s and 1980s, baby boomers moved into age cohorts typically exhibiting very high levels of labor force participation—for example, 25 to 34 years and 35 to 44 years.

The longest postwar expansion in the Nation’s history ended when the economy entered the most recent recession, which began in March 2001 and ended in November 2001.

The economy suffered its biggest decline since 2001 in the 3rd quarter, ushering in the Great Recession, which helped elect President Barack Obama to his first term and Democrats to the 111th United States Congress.

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

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Video: Bloomberg- March 2013 jobs numbers: Breaking down the data

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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.

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Job participation rate

Past March unemployment rates:
March 2013 was 7.6% The number of unemployed persons was 11.7 million 
March 2012 was 8.2% The number of unemployed persons was 12.7 million
March 2011 was 8.8% The number of unemployed persons was 13.5 million
March 2010 was 9.7% The number of unemployed persons was 15.0 million 
March  2009 was 8.5% The number of unemployed persons was 13.2 million

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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.

______________________________________
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.
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George W. Bush served as the 43rd President of the United States from January 20, 2001 – January 20, 2009
March 2001 the nation’s unemployment rate was 4.3% with a total of 6.1 million unemployed persons 
March 2008 the nation’s unemployment rate was 5.1% with a total of 7.8 million unemployed persons. Unemployment rate was the following: whites 4.4% and for blacks 9.2%.
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
March 1994 the nation’s unemployment rate was 6.5% with a total of 8.5 million unemployed persons.
March 2000 the nation’s unemployment rate was 4.1% with a total of 5.7 million unemployed persons. Unemployment rate was the following: whites 3.4% and for blacks 8.2%.
In September 2000 the unemployment rate was 3.9%. This was 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.

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March 2013
African American unemployment

African American unemployment for March 2013 decreased to 13.3% (Seasonally adjusted)
African American unemployment for February 2013 was 13.8% (Seasonally adjusted)
African American unemployment for January 2013 was 13.8% (Seasonally adjusted)
African American unemployment for December 2012 was 14.0% (Seasonally adjusted)
African American unemployment for November 2012 was 13.2% (Seasonally adjusted)
African American unemployment for October 2012 was 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)

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By Sex African American unemployment for men 20 years and over

March 2013 decreased to 12.7% (Seasonally adjusted)
February 2013 was 12.9% (Seasonally adjusted)
January 2013 was 13.4% (Seasonally adjusted)
December 2012 was 14.0% (Seasonally adjusted)
November 2012 was 12.9% (Seasonally adjusted)
October 2012 was 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%

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African American unemployment for women 20 years and over

March 2013 decreased to 12.2% (Seasonally adjusted)
February 2013 was 12.5% (Seasonally adjusted)
January 2013 was 12.3% (Seasonally adjusted)
December 2012 was 12.2% (Seasonally adjusted)
November 2012 was 11.5% (Seasonally adjusted)
October 2012 was 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%

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African American unemployment for both sexes, 16 to 19 years

March 2013 increased to 33.8% (Seasonally adjusted)
February 2013 was 43.1% (Seasonally adjusted)
January 2013 was 37.8% (Seasonally adjusted)
December 2012 was 40.5% (Seasonally adjusted)
November 2012 was 39.4% (Seasonally adjusted)
October 2012 was 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%

________________________________

March 2013
White unemployment

White unemployment for March 2013 decreased to 6.7% (Seasonally adjusted)
White unemployment for February 2013 was 6.8% (Seasonally adjusted)
White unemployment for January 2013 was 7.0% (Seasonally adjusted)
White unemployment for December 2012 was 6.9% (Seasonally adjusted)
White unemployment for November 2012 was 6.8% (Seasonally adjusted)
White unemployment for October 2012 was 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)
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By Sex White unemployment for men 20 years and over

March 2013 decreased to 6.1% (Seasonally adjusted)
February 2013 was 6.3% (Seasonally adjusted)
January 2013 was 6.6% (Seasonally adjusted)
December 2012 was 6.2% (Seasonally adjusted)
November 2012 was 6.4% (Seasonally adjusted)
October 2012 was 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%

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White unemployment for women unemployment 20 years and over

March 2013 increased to 6.1% (Seasonally adjusted)
February 2013 was 6.0% (Seasonally adjusted)
January 2013 was 6.4% (Seasonally adjusted)
December 2012 was 6.3% (Seasonally adjusted)
November 2012 was 6.2% (Seasonally adjusted)
October 2012 was 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%

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White unemployment for both sexes, 16 to 19 years

March 2013 increased to 22.5% (Seasonally adjusted)
February 2013 was 22.1% (Seasonally adjusted)
January 2013 was 20.8% (Seasonally adjusted)
December 2012 was 21.6% (Seasonally adjusted)
November 2012 was 20.2% (Seasonally adjusted)
October 2012 was 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%
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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.
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Historical Employment Data for African Americans
Click images to enlarge. Click your back arrow to return to Dilemma X

Data below come from U.S. federal reports released in 1968 and in 1974, for the year 1973.

Historical Unemployment Data

Historical Unemployment Data

Historical Unemployment Data 1960-1973

Historical Unemployment Data 1960-1973

Historical Unemployment Data 1960-1973

Historical Unemployment Data 1960-1973

Historical Income Data 1973- 01

Historical Income Data 1973

Historical Unemployment Data 1960-1973

Historical Unemployment Data 1960-1973

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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