Pronk Pops Show 27, May 9, 2011: Segment 1: Bureau of Labor Statistics Offical Unemployment Rate (U-3) Increased To 9.0% With 13.7 Million Americans Unemployed and Total Unemployment Rate (U-6) Increased To 15.9% With 24.4 Million Americans Seeking Full Time Job–Economy Adds 244,000 Jobs But Initial Unemployment Claims Hit Eight Month High of 474,000!–Videos

Posted on May 9, 2011. Filed under: American History, Budgetary Policy, Business, Economics, Education, Federal Government, Fiscal Policy, Government, Government Spending, History, Labor Economics, Monetary Policy, Oil, Philosophy, Politics, Radio, Resources, Tax Policy, Videos, War, Wisdom | Tags: , , , , , , , |

Pronk Pops Show 27:May 9, 2011   

Pronk Pops Show 26:May 5, 2011

Pronk Pops Show 25: April 26, 2011

Pronk Pops Show 24: April 19, 2011

Pronk Pops Show 23: April 12, 2011

Listen To Pronk Pops Podcast or Download Shows 27

Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-26

Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

Segment 1: Bureau of Labor Statistics Offical Unemployment Rate (U-3) Increased To 9.0% With 13.7 Million Americans Unemployed and Total Unemployment Rate (U-6) Increased To 15.9% With 24.4 Million Americans Seeking Full Time Job–Economy Adds 244,000 Jobs But Initial Unemployment Claims Hit Eight Month High of 474,000!–Videos

http://www.shadowstats.com/alternate_data/unemployment-charts

Economy Adds 244k Jobs, Rate Ticks Up to 9 Pct.

US unemployment rate rises to 9% CCTV News

UBS’s Harris Says U.S. Job Data Was `Generally’ Healthy

Rep. Brady questions BLS Commissioner Hall on the jump in the April unemployment rate at JEC hearing

Unemployment Claims

Economy Adds 244,000 Jobs, But Unemployment Increases to 9%

U.S. Payrolls Rose 244,000 in April; Unemployment at 9%

Unemployment Claims Hit Eight Month High

Labor Force Statistics from the Current Population Survey

http://data.bls.gov/pdq/SurveyOutputServlet

Official Unemployment Rate (U-3): From 8.8% in March 2011 to 9.0% in April 2011 (Up .2%)

Series Id: LNS13000000
Seasonally Adjusted
Series title: (Seas) Unemployment Level
Labor force status: Unemployed
Type of data: Number in thousands
Age: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0
2008 5.0 4.8 5.1 4.9 5.4 5.6 5.8 6.1 6.2 6.6 6.8 7.3
2009 7.8 8.2 8.6 8.9 9.4 9.5 9.5 9.7 9.8 10.1 9.9 9.9
2010 9.7 9.7 9.7 9.8 9.6 9.5 9.5 9.6 9.6 9.7 9.8 9.4
2011 9.0 8.9 8.8 9.0

Total Unemployment Rate (U-6): From 15.7% in March 2011 to 15.9% in April 2011 (Up .2%)



Series Id: LNS13327709
Seasonally Adjusted
Series title: (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers
Labor force status: Aggregated totals unemployed
Type of data: Percent or rate
Age: 16 years and over
Percent/rates: Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2001 7.3 7.4 7.3 7.4 7.5 7.9 7.8 8.1 8.7 9.3 9.4 9.6
2002 9.5 9.5 9.4 9.7 9.5 9.5 9.6 9.6 9.6 9.6 9.7 9.8
2003 10.0 10.2 10.0 10.2 10.1 10.3 10.3 10.1 10.4 10.2 10.0 9.8
2004 9.9 9.7 10.0 9.6 9.6 9.5 9.5 9.4 9.4 9.7 9.4 9.2
2005 9.3 9.3 9.1 8.9 8.9 9.0 8.8 8.9 9.0 8.7 8.7 8.6
2006 8.4 8.4 8.2 8.1 8.2 8.4 8.5 8.4 8.0 8.2 8.1 7.9
2007 8.4 8.1 8.0 8.2 8.2 8.3 8.4 8.5 8.4 8.4 8.5 8.8
2008 9.1 8.9 9.0 9.2 9.7 10.1 10.5 10.9 11.2 11.9 12.7 13.6
2009 14.1 15.0 15.6 15.8 16.4 16.6 16.5 16.8 17.0 17.4 17.1 17.2
2010 16.5 16.8 16.8 17.0 16.5 16.5 16.5 16.7 17.1 17.0 17.0 16.7
2011 16.1 15.9 15.7 15.9

Employment Level: From 139,864 000 in March 2011 to 139,674,000 in April 2011 (Down 190,000)

Series Id: LNS12000000Seasonally AdjustedSeries title: (Seas) Employment LevelLabor forcestatus: EmployedType of data: Number in thousandsAge: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2001 137778 137612 137783 137299 137092 136873 137071 136241 136846 136392 136238 136047
2002 135701 136438 136177 136126 136539 136415 136413 136705 137302 137008 136521 136426
2003 137417(1) 137482 137434 137633 137544 137790 137474 137549 137609 137984 138424 138411
2004 138472(1) 138542 138453 138680 138852 139174 139556 139573 139487 139732 140231 140125
2005 140245(1) 140385 140654 141254 141609 141714 142026 142434 142401 142548 142499 142752
2006 143150(1) 143457 143741 143761 144089 144353 144202 144625 144815 145314 145534 145970
2007 146033(1) 146066 146334 145610 145901 146058 145886 145670 146231 145937 146584 146272
2008 146407(1) 146183 146143 146173 145925 145725 145479 145167 145056 144778 144068 143324
2009 142201(1) 141687 140822 140720 140292 139978 139794 139409 138791 138393 138590 137960
2010 138511(1) 138698 138952 139382 139353 139092 138991 139267 139378 139084 138909 139206
2011 139323(1) 139573 139864 139674
1 : Data affected by changes in population controls.

Civilian Labor Force Level: From 153,406,000 in March 2011 to 153,421,000 in April 2011 (Up 15,000)

Series Id: LNS11000000
Seasonally Adjusted
Series title: (Seas) Civilian Labor Force Level
Labor force status: Civilian labor force
Type of data: Number in thousands
Age: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2001 143800 143701 143924 143569 143318 143357 143654 143284 143989 144086 144240 144305
2002 143883 144653 144481 144725 144938 144808 144803 145009 145552 145314 145041 145066
2003 145937(1) 146100 146022 146474 146500 147056 146485 146445 146530 146716 147000 146729
2004 146842(1) 146709 146944 146850 147065 147460 147692 147564 147415 147793 148162 148059
2005 148029(1) 148364 148391 148926 149261 149238 149432 149779 149954 150001 150065 150030
2006 150214(1) 150641 150813 150881 151069 151354 151377 151716 151662 152041 152406 152732
2007 153133(1) 152966 153054 152446 152666 153038 153035 152756 153422 153209 153845 153936
2008 154060(1) 153624 153924 153779 154322 154315 154432 154656 154613 154953 154621 154669
2009 154185(1) 154424 154100 154453 154805 154754 154457 154362 153940 154022 153795 153172
2010 153353(1) 153558 153895 154520 154237 153684 153628 154117 154124 153960 153950 153690
2011 153186(1) 153246 153406 153421
1 : Data affected by changes in population controls.

Civilian Labor Force Participation Rate: From 64.2% in March 2011 to 64.2% in April 2011 (No Change)

Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2001 67.2 67.1 67.2 66.9 66.7 66.7 66.8 66.5 66.8 66.7 66.7 66.7
2002 66.5 66.8 66.6 66.7 66.7 66.6 66.5 66.6 66.7 66.6 66.4 66.3
2003 66.4 66.4 66.3 66.4 66.4 66.5 66.2 66.1 66.1 66.1 66.1 65.9
2004 66.1 66.0 66.0 65.9 66.0 66.1 66.1 66.0 65.8 65.9 66.0 65.9
2005 65.8 65.9 65.9 66.1 66.1 66.1 66.1 66.2 66.1 66.1 66.0 66.0
2006 66.0 66.1 66.2 66.1 66.1 66.2 66.1 66.2 66.1 66.2 66.3 66.4
2007 66.4 66.3 66.2 65.9 66.0 66.0 66.0 65.8 66.0 65.8 66.0 66.0
2008 66.2 66.0 66.1 65.9 66.1 66.1 66.0 66.1 66.0 66.0 65.8 65.8
2009 65.7 65.7 65.6 65.6 65.7 65.7 65.5 65.4 65.1 65.1 65.0 64.7
2010 64.8 64.8 64.9 65.1 64.9 64.7 64.6 64.7 64.7 64.5 64.5 64.3
2011 64.2 64.2 64.2 64.2

Employment-Population Ratio: From 58.5% in March 2011 To 58.4% in April 2011 (Down .1%)

Series Id: LNS12300000
Seasonally Adjusted
Series title: (Seas) Employment-Population Ratio
Labor force status: Employment-population ratio
Type of data: Percent or rate
Age: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2001 64.4 64.3 64.3 64.0 63.8 63.7 63.7 63.2 63.5 63.2 63.0 62.9
2002 62.7 63.0 62.8 62.7 62.9 62.7 62.7 62.7 63.0 62.7 62.5 62.4
2003 62.5 62.5 62.4 62.4 62.3 62.3 62.1 62.1 62.0 62.1 62.3 62.2
2004 62.3 62.3 62.2 62.3 62.3 62.4 62.5 62.4 62.3 62.3 62.5 62.4
2005 62.4 62.4 62.4 62.7 62.8 62.7 62.8 62.9 62.8 62.8 62.7 62.8
2006 62.9 63.0 63.1 63.0 63.1 63.1 63.0 63.1 63.1 63.3 63.3 63.4
2007 63.3 63.3 63.3 63.0 63.0 63.0 62.9 62.7 62.9 62.7 62.9 62.7
2008 62.9 62.8 62.7 62.7 62.5 62.4 62.2 62.0 61.9 61.7 61.4 61.0
2009 60.6 60.3 59.9 59.8 59.6 59.4 59.3 59.0 58.7 58.5 58.5 58.2
2010 58.5 58.5 58.6 58.7 58.7 58.5 58.4 58.5 58.5 58.3 58.2 58.3
2011 58.4 58.4 58.5 58.4

Background Articles and Videos

Employment Situation Summary

Transmission of material in this release is embargoed   	       USDL-11-0622
until 8:30 a.m. (EDT) Friday, May 6, 2011

Technical information:
 Household data:     (202) 691-6378  *  cpsinfo@bls.gov  * www.bls.gov/cps
 Establishment data: (202) 691-6555  *  cesinfo@bls.gov  * www.bls.gov/ces

Media contact:       (202) 691-5902  *  PressOffice@bls.gov

                 THE EMPLOYMENT SITUATION -- APRIL 2011

Nonfarm payroll employment rose by 244,000 in April, and the unemployment rate
edged up to 9.0 percent, the U.S. Bureau of Labor Statistics reported today.
Job gains occurred in several service-providing industries, manufacturing,
and mining.

Household Survey Data

The number of unemployed persons, at 13.7 million, changed little in
April. The unemployment rate edged up from 8.8 to 9.0 percent over the
month but was 0.8 percentage point lower than in November. The labor
force also was little changed in April. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men
(8.8 percent), adult women (7.9 percent), teenagers (24.9 percent),
whites (8.0 percent), blacks (16.1 percent), and Hispanics (11.8 percent)
showed little change in April. The jobless rate for Asians was 6.4 percent,
not seasonally adjusted. (See tables A-1, A-2, and A-3.)

The number of persons unemployed for less than 5 weeks increased by
242,000 in April. The number of long-term unemployed (those jobless for
27 weeks and over) declined by 283,000 to 5.8 million; their share of
unemployment declined to 43.4 percent. (See table A-12.)

The civilian labor force participation rate was 64.2 percent for the
fourth consecutive month. The employment-population ratio, at 58.4 percent,
changed little in April. (See table A-1.)

The number of persons employed part time for economic reasons
(sometimes referred to as involuntary part-time workers) was little
changed over the month, at 8.6 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. (See table A-8.)

In April, 2.5 million persons were marginally attached to the labor force,
about the same as a year earlier. (These 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. (See table A-16.)

Among the marginally attached, there were 989,000 discouraged workers in
April, a decline of 208,000 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 April had not searched for work in the 4 weeks preceding the survey
for reasons such as school attendance or family responsibilities.
(See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 244,000 in April, and the
private sector added 268,000 jobs. Employment rose in a number of service-
providing industries, manufacturing, and mining. Since a recent low in
February 2010, total payroll employment has grown by 1.8 million. Private
sector employment has increased by 2.1 million over the same period.
(See table B-1.)

In April, employment in retail trade rose by 57,000. Within the industry,
employment in general merchandise stores increased by 27,000, offsetting
a decline of similar magnitude in the prior month. Elsewhere in retail
trade, April job gains occurred in electronics and appliance stores
(+6,000), building material and garden supply stores (+6,000), and
automobile dealers (+5,000).

Employment in professional and business services continued to expand in
April, with an increase of 51,000. Job gains occurred in management and
technical consulting services (+11,000) and in computer systems design
and related services (+8,000). Employment in temporary help services
was little changed over the month, following an increase of 34,000 in March.

Health care continued to add jobs in April (+37,000). Within health care,
job gains continued in ambulatory health care (+22,000) and hospitals
(+10,000).

Employment in leisure and hospitality continued to increase in April
(+46,000). Over the past 3 months, this industry added 151,000 jobs, with
nearly two-thirds of the growth in food services and drinking places.

Employment in both state government and local government continued to trend
down, with April losses concentrated in the non-educational components.
Elsewhere in the service-providing sector, employment in information,
financial activities, and transportation and warehousing changed little
in April.

In the goods-producing sector of the economy, manufacturing employment
rose by 29,000 in April. Since reaching an employment low in December 2009,
manufacturing has added 250,000 jobs, including 141,000 in 2011. Over the
month, employment growth continued in machinery (+5,000), primary metals
(+4,000), and computer and electronic products (+4,000).

Mining added 11,000 jobs in April. More than half of the gain occurred in
support activities for mining. Since a recent low point in October 2009,
employment in mining has increased by 107,000.

Construction employment was about unchanged in April. This industry has shown
little net movement since early 2010, after having fallen sharply during the
prior 3 years.

The average workweek for all employees on private nonfarm payrolls remained
at 34.3 hours in April. The manufacturing workweek for all employees, at
40.4 hours, also was unchanged over the month, while factory overtime
increased by 0.1 hour to 3.3 hours. The average workweek for production
and nonsupervisory employees on private nonfarm payrolls was unchanged in
April at 33.6 hours. (See tables B-2 and B-7.)

In April, average hourly earnings for all employees on private nonfarm
payrolls increased by 3 cents, or 0.1 percent, to $22.95. Over the past 12
months, average hourly earnings increased by 1.9 percent. In April, average
hourly earnings of private-sector production and nonsupervisory employees
rose by 5 cents, or 0.3 percent, to $19.37. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for February was revised
from +194,000 to +235,000, and the change for March was revised from
+216,000 to +221,000.

_____________
The Employment Situation for May is scheduled to be released on Friday,
June 3, 2011, at 8:30 a.m. (EDT).

Labor Force Statistics from the Current Population Survey

How the Government Measures Unemployment

On this Page:

  1. Why does the Government collect statistics on the unemployed?
  2. Where do the statistics come from?
  3. What are the basic concepts of employment and unemployment?
  4. Who is counted as employed?
  5. Who is counted as unemployed?
  6. Who is not in the labor force?
  7. What about cases of overlap?
  8. Where can people find the data?
  9. How are seasonal fluctuations taken into account?
  10. Is there only one official definition of unemployment?
  11. What other information is collected in the CPS?
  12. How is unemployment measured for States and local areas?
  13. Where can people get more information?
  14. What do the unemployment insurance (UI) figures measure?

http://www.bls.gov/cps/cps_htgm.htm

Make a Comment

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Liked it here?
Why not try sites on the blogroll...

%d bloggers like this: