Facts

Unemployed (people out of work and looking for a job)

• Unemployment Rate BLS

• Totol number of unemployed BLS

  • 2005: 7.6 million

  • 2004: 8.1 million

  • 2003: 8.8 million

• Who is unemployed – unemployment by group BLS and BLS

  • Adult Men: 4.4%

  • Adult Women: 4.6%

  • Teenagers: 17.9%

  • Whites: 4.4%

  • African Americans: 10.1%

  • Hispanics: 6%

  • Asians: 3.9%

  other indicators

Since the official unemployment rate only includes people out of a job (full time or part time) who are actively looking work – some economists say it doesn’t give the full picture.  of potential workers out of work – or out of full time employment. The Department of Labor tracks two other sets of stats that includes “marginally attached workers,” that is people out of a job who aren’t actively looking but say they “are available for a job and have looked for work sometime in the recent past” – as well as part-time workers.

 

source: DOL 

 

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