Archive for September 5th, 2014

The Pronk Pops Show 323, September 5, 2013, Story 1: Record 92.2 Million Americans Unemployed — Labor Participation Rate Is 62.8%, 36 Year Low — Only 142,000 Jobs Created In August 2014 — Dumping Dollars and U.S. Treasuries — Global Crisis — Buy Gold — Videos

Posted on September 5, 2014. Filed under: American History, Banking System, Blogroll, Budgetary Policy, Business, Communications, Constitutional Law, Economics, Education, Employment, Federal Government, Fiscal Policy, Foreign Policy, Government, Government Dependency, Government Spending, History, Immigration, Labor Economics, Law, Media, Monetary Policy, Obama, Philosophy, Photos, Politics, Public Sector Unions, Scandals, Security, Social Science, Tax Policy, Taxes, Technology, Terror, Terrorism, Unemployment, Unions, United States Constitution, Videos, Violence, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 323: September 5, 2014

Pronk Pops Show 322: September 4, 2014

Pronk Pops Show 321: September 3, 2014

Pronk Pops Show 320: August 29, 2014

Pronk Pops Show 319: August 28, 2014

Pronk Pops Show 318: August 27, 2014 

Pronk Pops Show 317: August 22, 2014

Pronk Pops Show 316: August 20, 2014

Pronk Pops Show 315: August 18, 2014

Pronk Pops Show 314: August 15, 2014

Pronk Pops Show 313: August 14, 2014

Pronk Pops Show 312: August 13, 2014

Pronk Pops Show 311: August 11, 2014

Pronk Pops Show 310: August 8, 2014

Pronk Pops Show 309: August 6, 2014

Pronk Pops Show 308: August 4, 2014

Pronk Pops Show 307: August 1, 2014 

Pronk Pops Show 306: July 31, 2014

Pronk Pops Show 305: July 30, 2014

Pronk Pops Show 304: July 29, 2014

Pronk Pops Show 303: July 28, 2014

Pronk Pops Show 302: July 24, 2014

Pronk Pops Show 301: July 23, 2014

Pronk Pops Show 300: July 22, 2014

Pronk Pops Show 299: July 21, 2014

Pronk Pops Show 298: July 18, 2014

Pronk Pops Show 297: July 17, 2014

Pronk Pops Show 296: July 16, 2014

Pronk Pops Show 295: July 15, 2014

Pronk Pops Show 294: July 14, 2014

Pronk Pops Show 293: July 11, 2014

Pronk Pops Show 292: July 9, 2014

Pronk Pops Show 291: July 7, 2014

Pronk Pops Show 290: July 3, 2014

Pronk Pops Show 289: July 2, 2014

Pronk Pops Show 288: June 30, 2014

Pronk Pops Show 287: June 27, 2014

Pronk Pops Show 286: June 26, 2014

Pronk Pops Show 285 June 25, 2014

Pronk Pops Show 284: June 23, 2014

Pronk Pops Show 283: June 20, 2014

Pronk Pops Show 282: June 19, 2014

Pronk Pops Show 281: June 17, 2014

Pronk Pops Show 280: June 16, 2014

Pronk Pops Show 279: June 13, 2014

Pronk Pops Show 278: June 12, 2014

Pronk Pops Show 277: June 11, 2014

Pronk Pops Show 276: June 10, 2014

Pronk Pops Show 275: June 9, 2014

Pronk Pops Show 274: June 6, 2014

Pronk Pops Show 273: June 5, 2014

Pronk Pops Show 272: June 4, 2014

Pronk Pops Show 271: June 2, 2014

Story 1: Record 92.2 Million Americans Unemployed — Labor Participation Rate Is 62.8%, 36 Year Low — Only 142,000 Jobs Created In August 2014 — Dumping Dollars and U.S. Treasuries — Global Crisis — Buy Gold — Videos

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august 2014 jobsgdp_large

Gold_price_in_USDentitlements

United States economy adds 142,000 jobs in August

Markets ponder U.S. jobs, ECB announcement

CNBC’s Jim Cramer: ObamaCare Could Be To Blame For Disappointing Jobs Report

189] Ken Silverstein on the “dirty” side of the oil industry and August job numbers

Peter Schiff – Safeguarding Your Portfolio By Investing Abroad

Global Financial Calamity! US economic collapse imminent‬ – James Rickards

Max Keiser and Jim Rickards – Currency Wars and the Death of Money

Exclusive Interview: Jim Rickards & Peter Schiff Discuss Global Gold Markets [Full Discussion]

Doug Casey on The Peter Schiff Show (7/23/14)

JIM ROGERS Financial disaster coming – Dollar collapse – Countries Move Away From USD

JIM ROGERS – Global FOOD PRICES to RISE, GOLD MANIPULATION, CHINA & more

In the Shadow of Economic Fragility; Work and Life After the Great Recession

Dollar Meltdown, Massive Financial Bubble, Economic Collapse – Marc Faber

Marc Faber: I Expect a Big Stock Selloff in the Fall

How to Calculate the Unemployment Rate

HARVARD Economist Predicts ECONOMIC COLLAPSE in 2014. DOOMSDAY For The US DOLLAR

Gold Manipulation Allegations ‘Ridiculous’ – Doug Casey | FreedomFest 2014

Doug Casey: Do We Need A State?

Employment Level

146,368,000

Series Id:           LNS12000000
Seasonally Adjusted
Series title:        (Seas) Employment Level
Labor force status:  Employed
Type of data:        Number in thousands
Age:                 16 years and over

employment_level

 

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 136559(1) 136598 136701 137270 136630 136940 136531 136662 136893 137088 137322 137614
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 146028(1) 146057 146320 145586 145903 146063 145905 145682 146244 145946 146595 146273
2008 146378(1) 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152(1) 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138451(1) 138599 138752 139309 139247 139148 139179 139427 139393 139111 139030 139266
2011 139287(1) 139422 139655 139622 139653 139409 139524 139904 140154 140335 140747 140836
2012 141677(1) 141943 142079 141963 142257 142432 142272 142204 142947 143369 143233 143212
2013 143384(1) 143464 143393 143676 143919 144075 144285 144179 144270 143485 144443 144586
2014 145224(1) 145266 145742 145669 145814 146221 146352 146368

Civilian Labor Force

155,959,000

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

Civilian Labor Force



Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 142267(1) 142456 142434 142751 142388 142591 142278 142514 142518 142622 142962 143248
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 153144(1) 152983 153051 152435 152670 153041 153054 152749 153414 153183 153835 153918
2008 154063(1) 153653 153908 153769 154303 154313 154469 154641 154570 154876 154639 154655
2009 154210(1) 154538 154133 154509 154747 154716 154502 154307 153827 153784 153878 153111
2010 153404(1) 153720 153964 154642 154106 153631 153706 154087 153971 153631 154127 153639
2011 153198(1) 153280 153403 153566 153526 153379 153309 153724 154059 153940 154072 153927
2012 154328(1) 154826 154811 154565 154946 155134 154970 154669 155018 155507 155279 155485
2013 155699(1) 155511 155099 155359 155609 155822 155693 155435 155473 154625 155284 154937
2014 155460(1) 155724 156227 155421 155613 155694 156023 155959

Labor Participation Rate

62.8%

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

Labor Force Participation Rate

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 67.3 67.3 67.3 67.3 67.1 67.1 66.9 66.9 66.9 66.8 66.9 67.0
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 66.1 66.1 66.0 66.0 65.9 65.8
2009 65.7 65.8 65.6 65.7 65.7 65.7 65.5 65.4 65.1 65.0 65.0 64.6
2010 64.8 64.9 64.9 65.2 64.9 64.6 64.6 64.7 64.6 64.4 64.6 64.3
2011 64.2 64.2 64.2 64.2 64.2 64.0 64.0 64.1 64.2 64.1 64.1 64.0
2012 63.7 63.9 63.8 63.7 63.8 63.8 63.7 63.5 63.6 63.7 63.6 63.6
2013 63.6 63.5 63.3 63.4 63.4 63.5 63.4 63.2 63.2 62.8 63.0 62.8
2014 63.0 63.0 63.2 62.8 62.8 62.8 62.9 62.8

 

Unemployment Level

9,591,000

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

 

Unemployment Level

 

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 5708 5858 5733 5481 5758 5651 5747 5853 5625 5534 5639 5634
2001 6023 6089 6141 6271 6226 6484 6583 7042 7142 7694 8003 8258
2002 8182 8215 8304 8599 8399 8393 8390 8304 8251 8307 8520 8640
2003 8520 8618 8588 8842 8957 9266 9011 8896 8921 8732 8576 8317
2004 8370 8167 8491 8170 8212 8286 8136 7990 7927 8061 7932 7934
2005 7784 7980 7737 7672 7651 7524 7406 7345 7553 7453 7566 7279
2006 7064 7184 7072 7120 6980 7001 7175 7091 6847 6727 6872 6762
2007 7116 6927 6731 6850 6766 6979 7149 7067 7170 7237 7240 7645
2008 7685 7497 7822 7637 8395 8575 8937 9438 9494 10074 10538 11286
2009 12058 12898 13426 13853 14499 14707 14601 14814 15009 15352 15219 15098
2010 14953 15121 15212 15333 14858 14483 14527 14660 14578 14520 15097 14373
2011 13910 13858 13748 13944 13873 13971 13785 13820 13905 13604 13326 13090
2012 12650 12883 12732 12603 12689 12702 12698 12464 12070 12138 12045 12273
2013 12315 12047 11706 11683 11690 11747 11408 11256 11203 11140 10841 10351
2014 10236 10459 10486 9753 9799 9474 9671 9591

Unemployment Rate

6.1%

Series Id:           LNS14000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over

u3 unemployment rate

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9
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 4.9 5.1 5.0 5.4 5.6 5.8 6.1 6.1 6.5 6.8 7.3
2009 7.8 8.3 8.7 9.0 9.4 9.5 9.5 9.6 9.8 10.0 9.9 9.9
2010 9.7 9.8 9.9 9.9 9.6 9.4 9.5 9.5 9.5 9.5 9.8 9.4
2011 9.1 9.0 9.0 9.1 9.0 9.1 9.0 9.0 9.0 8.8 8.6 8.5
2012 8.2 8.3 8.2 8.2 8.2 8.2 8.2 8.1 7.8 7.8 7.8 7.9
2013 7.9 7.7 7.5 7.5 7.5 7.5 7.3 7.2 7.2 7.2 7.0 6.7
2014 6.6 6.7 6.7 6.3 6.3 6.1 6.2 6.1

 Employment-Population Level

59.0%

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

employment population level
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 64.6 64.6 64.6 64.7 64.4 64.5 64.2 64.2 64.2 64.2 64.3 64.4
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 59.1 58.7 58.5 58.6 58.3
2010 58.5 58.5 58.5 58.7 58.6 58.5 58.5 58.6 58.5 58.3 58.2 58.3
2011 58.4 58.4 58.4 58.4 58.4 58.2 58.2 58.3 58.4 58.4 58.5 58.5
2012 58.5 58.5 58.6 58.5 58.6 58.6 58.5 58.4 58.6 58.8 58.7 58.6
2013 58.6 58.6 58.5 58.6 58.7 58.7 58.7 58.6 58.6 58.2 58.6 58.6
2014 58.8 58.8 58.9 58.9 58.9 59.0 59.0 59.0

Unemployment Rate 16-19 Years Old (Teenage)

19.6%

 

Series Id:           LNS14000012
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate - 16-19 yrs.
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 to 19 years

teenage unemployment rate

 

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 12.7 13.8 13.3 12.6 12.8 12.3 13.4 14.0 13.0 12.8 13.0 13.2
2001 13.8 13.7 13.8 13.9 13.4 14.2 14.4 15.6 15.2 16.0 15.9 17.0
2002 16.5 16.0 16.6 16.7 16.6 16.7 16.8 17.0 16.3 15.1 17.1 16.9
2003 17.2 17.2 17.8 17.7 17.9 19.0 18.2 16.6 17.6 17.2 15.7 16.2
2004 17.0 16.5 16.8 16.6 17.1 17.0 17.8 16.7 16.6 17.4 16.4 17.6
2005 16.2 17.5 17.1 17.8 17.8 16.3 16.1 16.1 15.5 16.1 17.0 14.9
2006 15.1 15.3 16.1 14.6 14.0 15.8 15.9 16.0 16.3 15.2 14.8 14.6
2007 14.8 14.9 14.9 15.9 15.9 16.3 15.3 15.9 15.9 15.4 16.2 16.8
2008 17.8 16.6 16.1 15.9 19.0 19.2 20.7 18.6 19.1 20.0 20.3 20.5
2009 20.7 22.3 22.2 22.2 23.4 24.7 24.3 25.0 25.9 27.2 26.9 26.7
2010 26.0 25.6 26.2 25.4 26.5 26.0 25.9 25.6 25.8 27.3 24.8 25.3
2011 25.5 24.1 24.3 24.5 23.9 24.8 24.8 25.1 24.5 24.2 24.1 23.3
2012 23.5 23.8 24.8 24.6 24.2 23.7 23.7 24.4 23.8 23.8 23.9 24.0
2013 23.5 25.2 23.9 23.7 24.1 23.8 23.4 22.6 21.3 22.0 20.8 20.2
2014 20.7 21.4 20.9 19.1 19.2 21.0 20.2 19.6

     Unemployment Rate Black African American

11.4%

Series Id:           LNS14000006
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate – Black or African American
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over
Race:                Black or African American

Black Unemployment Rate

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 8.2 8.1 7.4 7.0 7.7 7.8 7.7 7.9 7.3 7.3 7.3 7.4
2001 8.2 7.7 8.3 8.0 7.9 8.3 8.0 9.1 8.9 9.5 9.8 10.1
2002 10.0 9.9 10.5 10.7 10.2 10.5 9.8 9.8 9.7 9.8 10.7 11.3
2003 10.5 10.7 10.3 10.9 10.9 11.5 10.9 10.9 11.1 11.4 10.2 10.1
2004 10.4 9.7 10.3 9.8 10.1 10.2 11.0 10.5 10.3 10.8 10.7 10.7
2005 10.6 10.9 10.5 10.3 10.1 10.2 9.2 9.7 9.4 9.1 10.6 9.2
2006 8.9 9.5 9.5 9.4 8.7 8.9 9.5 8.8 9.0 8.4 8.5 8.3
2007 7.9 8.0 8.4 8.3 8.3 8.5 8.1 7.6 8.0 8.5 8.5 9.0
2008 9.1 8.4 9.2 8.6 9.6 9.4 10.0 10.6 11.3 11.4 11.5 12.1
2009 12.7 13.7 13.7 15.0 15.0 14.8 14.8 14.8 15.3 15.8 15.7 16.1
2010 16.5 16.0 16.9 16.6 15.5 15.1 15.7 15.9 16.0 15.7 16.1 15.6
2011 15.8 15.5 15.8 16.5 16.3 16.0 15.9 16.4 15.9 14.7 15.6 15.6
2012 13.6 14.0 14.1 13.2 13.6 14.1 14.2 13.9 13.5 14.2 13.3 14.0
2013 13.8 13.8 13.2 13.1 13.5 13.5 12.6 12.9 13.0 13.0 12.4 11.9
2014 12.1 12.0 12.4 11.6 11.5 10.7 11.4 11.4

 

Average Number of Weeks Unemployed

31.7 Weeks

Series Id:           LNS13008275
Seasonally Adjusted
Series title:        (Seas) Average Weeks Unemployed
Labor force status:  Unemployed
Type of data:        Number of weeks
Age:                 16 years and over

Average Weeks Unemployed

 

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 13.1 12.6 12.7 12.4 12.6 12.3 13.4 12.9 12.2 12.7 12.4 12.5
2001 12.7 12.8 12.8 12.4 12.1 12.7 12.9 13.3 13.2 13.3 14.3 14.5
2002 14.7 15.0 15.4 16.3 16.8 16.9 16.9 16.5 17.6 17.8 17.6 18.5
2003 18.5 18.5 18.1 19.4 19.0 19.9 19.7 19.2 19.5 19.3 19.9 19.8
2004 19.9 20.1 19.8 19.6 19.8 20.5 18.8 18.8 19.4 19.5 19.7 19.4
2005 19.5 19.1 19.5 19.6 18.6 17.9 17.6 18.4 17.9 17.9 17.5 17.5
2006 16.9 17.8 17.1 16.7 17.1 16.6 17.1 17.1 17.1 16.3 16.2 16.1
2007 16.3 16.7 17.8 16.9 16.6 16.5 17.2 17.0 16.3 17.0 17.3 16.6
2008 17.5 16.9 16.5 16.9 16.6 17.1 17.0 17.7 18.6 19.9 18.9 19.9
2009 19.8 20.2 20.9 21.7 22.4 23.9 25.1 25.3 26.6 27.5 28.9 29.7
2010 30.3 29.9 31.6 33.3 33.9 34.5 33.8 33.6 33.4 34.2 33.9 34.8
2011 37.2 37.5 39.2 38.7 39.5 39.7 40.4 40.2 40.2 39.1 40.3 40.7
2012 40.1 40.0 39.4 39.3 39.6 40.0 38.8 39.1 39.4 40.3 39.2 38.0
2013 35.4 36.9 37.0 36.6 36.9 35.7 36.7 37.0 36.8 36.0 37.1 37.1
2014 35.4 37.1 35.6 35.1 34.5 33.5 32.4 31.7

Not in Labor Force, Searched For Work and Available

1,066,000

Series Id:                       LNU05026642
Not Seasonally Adjusted
Series title:                    (Unadj) Not in Labor Force, Searched For Work and Available
Labor force status:              Not in labor force
Type of data:                    Number in thousands
Age:                             16 years and over
Job desires/not in labor force:  Want a job now
Reasons not in labor force:      Available to work now

unemployment level new entrants

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 394 420 429 406 466 427 433 499 415 402 419 490
2001 444 396 378 457 468 467 448 485 473 481 495 515
2002 484 507 538 527 497 549 545 612 536 479 591 535
2003 599 584 630 635 630 661 669 652 686 636 593 693
2004 676 666 631 652 718 649 702 704 695 734 700 702
2005 621 753 712 764 710 650 630 626 607 638 673 633
2006 616 711 636 591 517 646 639 646 612 572 591 586
2007 622 599 615 620 530 640 602 588 668 696 678 679
2008 677 656 704 625 797 786 835 821 815 819 763 803
2009 775 999 872 901 965 1001 1004 1085 1153 1102 1330 1241
2010 1193 1194 1147 1187 1200 1172 1207 1276 1218 1278 1282 1310
2011 1344 1291 1291 1298 1220 1233 1278 1256 1382 1292 1288 1288
2012 1252 1383 1392 1357 1347 1318 1298 1264 1268 1306 1349 1296
2013 1274 1276 1304 1268 1257 1250 1246 1295 1211 1217 1169 1201
2014 1184 1229 1169 1043 1062 1064 1087 1066

 

U-6 Unemployment Rate

12.0%

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

U6_unemployment rate

 

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 7.1 7.2 7.1 6.9 7.1 7.0 7.0 7.1 7.0 6.8 7.1 6.9
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 8.2 8.0 8.2 8.2 8.3 8.4 8.4 8.4 8.4 8.4 8.8
2008 9.2 9.0 9.1 9.2 9.7 10.1 10.5 10.8 11.0 11.8 12.6 13.6
2009 14.2 15.2 15.8 15.9 16.5 16.5 16.4 16.7 16.7 17.1 17.1 17.1
2010 16.7 17.0 17.1 17.2 16.6 16.4 16.4 16.5 16.8 16.6 16.9 16.6
2011 16.1 16.0 15.9 16.1 15.8 16.1 16.0 16.1 16.3 15.9 15.6 15.2
2012 15.1 15.0 14.5 14.6 14.8 14.8 14.9 14.7 14.7 14.4 14.4 14.4
2013 14.4 14.3 13.8 13.9 13.8 14.2 13.9 13.6 13.6 13.7 13.1 13.1
2014 12.7 12.6 12.7 12.3 12.2 12.1 12.2 12.0

 

Record 92,269,000 Not in Labor Force;

Participation Rate Matches 36-Year Low

 

A record 92,269,000 Americans 16 and older did not participate in the labor force in August, as the labor force participation rate matched a 36-year low of 62.8 percent, according to the Bureau of Labor Statistics.

The labor force participation rate has been as low as 62.8 percent in six of the last twelve months, but prior to last October had not fallen that low since 1978.

BLS employment statistics are based on the civilian noninstitutional population, which consists of all people 16 or older who were not in the military or an institution such as a prison, mental hospital or nursing home.

In August, the civilian noninstitutional population was 248,229,000 according to BLS. Of that 248,229,000, 155,959,000—or 62.8 percent–participated in the labor force, meaning they either had or job or had actively sought one in the last four weeks.

Labor Force Participation-August
The 92,269,000 who did not participate in the labor force are those in the civilian noninstitutional population who did not have a job and did not actively seek one in the last four weeks. Because they did not seek a job, they did not count as “unemployed.”

Of the 155,959,000 who did participate in the labor force, 146,368,000 had a job and 9,591,000 did not have a job but actively sought one. The 9,591,000 are the unemployed. They equaled 6.1 percent of the labor force—or an unemployment rate of 6.1 percent (which was down slightly from the 6.2 percent unemployment rate in July).

The 146,368,000 people employed in the United States in August was up 16,000 from the 146,352,000 who were employed in July.

http://www.cnsnews.com/news/article/ali-meyer/record-92269000-not-labor-force-participation-rate-matches-36-year-low

 

Employment Situation Summary

Transmission of material in this release is embargoed                   USDL-14-1642
until 8:30 a.m. (EDT) Friday, September 5, 2014

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 -- AUGUST 2014


Total nonfarm payroll employment increased by 142,000 in August, and the 
unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor 
Statistics reported today. Job gains occurred in professional and business 
services and in health care.

Household Survey Data

In August, both the unemployment rate (6.1 percent) and the number of unemployed 
persons (9.6 million) changed little. Over the year, the unemployment rate and 
the number of unemployed persons were down by 1.1 percentage points and 1.7 million, 
respectively. (See table A-1.)

Among the major worker groups, the unemployment rates in August showed little or 
no change for adult men (5.7 percent), adult women (5.7 percent), teenagers (19.6 
percent), whites (5.3 percent), blacks (11.4 percent), and Hispanics (7.5 percent). 
The jobless rate for Asians was 4.5 percent (not seasonally adjusted), little 
changed from a year earlier. (See tables A-1, A-2, and A-3.)

The number of long-term unemployed (those jobless for 27 weeks or more) declined 
by 192,000 to 3.0 million in August. These individuals accounted for 31.2 percent 
of the unemployed. Over the past 12 months, the number of long-term unemployed has 
declined by 1.3 million. (See table A-12.)

The civilian labor force participation rate, at 62.8 percent, changed little in 
August and has been essentially unchanged since April. In August, the employment-
population ratio was 59.0 percent for the third consecutive month but is up by 0.4 
percentage point from a year earlier. (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 in August at 7.3 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 August, 2.1 million persons were marginally attached to the labor force, down 
by 201,000 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. (See table A-16.)

Among the marginally attached, there were 775,000 discouraged workers in August, 
little changed from a year earlier. (The 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 1.4 million persons 
marginally attached to the labor force in August had not searched for work 
for reasons such as school attendance or family responsibilities. (See 
table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 142,000 in August, compared with 
an average monthly gain of 212,000 over the prior 12 months. In August, job 
growth occurred in professional and business services and in health care. (See 
table B-1.)

Professional and business services added 47,000 jobs in August and has added 
639,000 over the past year. In August, management of companies and enterprises 
gained 8,000 jobs. Employment continued to trend up over the month in administrative 
and support services (+23,000), architectural and engineering services (+3,000), 
and in management and technical consulting services (+3,000). 

Employment in health care increased by 34,000 in August. Within the industry, 
offices of physicians and hospitals added 8,000 jobs and 7,000 jobs, respectively. 
Social assistance employment continued to trend up over the month (+9,000) and has 
expanded by 104,000 over the year. 

Within leisure and hospitality, employment in food services and drinking places 
continued to trend up in August (+22,000) and is up by 289,000 over the year.

Construction employment continued to trend up in August (+20,000). This is in line 
with its average monthly job gain of 18,000 over the prior 12 months. In August, 
employment trended up in specialty trade contractors (+12,000) and construction of 
buildings (+7,000).

Manufacturing employment was unchanged in August, following an increase of 28,000 
in July. Motor vehicles and parts lost 5,000 jobs in August, after adding 13,000 
jobs in July. Auto manufacturers laid off fewer workers than usual for factory 
retooling in July, and fewer workers than usual were recalled in August. Elsewhere 
in manufacturing, there were job gains in August in computer and peripheral 
equipment (+3,000) and in nonmetallic mineral products (+3,000), and job losses in 
electronic instruments (-2,000).
  
In August, retail trade employment was little changed (-8,000). Food and beverage 
stores lost 17,000 jobs; this industry was impacted by employment disruptions at a 
grocery store chain in New England. Elsewhere in retail trade, automobile dealers 
added 5,000 jobs. 

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

In August, the average workweek for all employees on private nonfarm payrolls was 
34.5 hours for the sixth consecutive month. The manufacturing workweek edged up by 
0.1 hour to 41.0 hours, and overtime was unchanged at 3.4 hours. The average 
workweek for production and nonsupervisory employees on private nonfarm payrolls 
was 33.7 hours for the sixth consecutive month. (See tables B-2 and B-7.)

Average hourly earnings for all employees on private nonfarm payrolls rose by 6 
cents in August to $24.53. Over the year, average hourly earnings have risen by 
2.1 percent. In August, average hourly earnings of private-sector production and 
nonsupervisory employees rose by 6 cents to $20.68. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for June was revised from +298,000 
to +267,000, and the change for July was revised from +209,000 to +212,000. With 
these revisions, employment gains in June and July combined were 28,000 less than 
previously reported.

_____________
The Employment Situation for September is scheduled to be released on Friday, 
October 3, 2014, at 8:30 a.m. (EDT).



    ----------------------------------------------------------------------------
   |                                                                            |
   |            2014 CES Preliminary Benchmark Revision to be released          |
   |                          on September 18, 2014                             |
   |                                                                            |
   | Each year, the Current Employment Statistics (CES) survey estimates are    |
   | benchmarked to comprehensive counts of employment from the Quarterly       |
   | Census of Employment and Wages (QCEW) for the month of March. These counts |
   | are derived from state unemployment insurance (UI) tax records that nearly |
   | all employers are required to file. On September 18, 2014, at 10:00 a.m.   |
   | (EDT), the Bureau of Labor Statistics (BLS) will release the preliminary   |
   | estimate of the upcoming annual benchmark revision to the establishment    |
   | survey employment series. This is the same day the First Quarter 2014 data |
   | from the QCEW will be issued. Preliminary benchmark revisions for all      |
   | major industry sectors, as well as total nonfarm and total private levels, |
   | will be available on the BLS website at                                    |
   | www.bls.gov/web/empsit/cesprelbmk.htm.                                     |
   |                                                                            |
   | The final benchmark revision will be issued with the publication of the    |
   | January 2015 Employment Situation news release in February.                |
   |                                                                            |
    ----------------------------------------------------------------------------



 

 

Employment Situation Summary Table A. Household data, seasonally adjusted

HOUSEHOLD DATA
Summary table A. Household data, seasonally adjusted

[Numbers in thousands]
Category Aug.
2013
June
2014
July
2014
Aug.
2014
Change from:
July
2014-
Aug.
2014

Employment status

Civilian noninstitutional population

245,959 247,814 248,023 248,229 206

Civilian labor force

155,435 155,694 156,023 155,959 -64

Participation rate

63.2 62.8 62.9 62.8 -0.1

Employed

144,179 146,221 146,352 146,368 16

Employment-population ratio

58.6 59.0 59.0 59.0 0.0

Unemployed

11,256 9,474 9,671 9,591 -80

Unemployment rate

7.2 6.1 6.2 6.1 -0.1

Not in labor force

90,524 92,120 92,001 92,269 268

Unemployment rates

Total, 16 years and over

7.2 6.1 6.2 6.1 -0.1

Adult men (20 years and over)

7.0 5.7 5.7 5.7 0.0

Adult women (20 years and over)

6.2 5.3 5.7 5.7 0.0

Teenagers (16 to 19 years)

22.6 21.0 20.2 19.6 -0.6

White

6.4 5.3 5.3 5.3 0.0

Black or African American

12.9 10.7 11.4 11.4 0.0

Asian (not seasonally adjusted)

5.1 5.1 4.5 4.5

Hispanic or Latino ethnicity

9.3 7.8 7.8 7.5 -0.3

Total, 25 years and over

6.0 5.0 5.0 5.1 0.1

Less than a high school diploma

11.3 9.1 9.6 9.1 -0.5

High school graduates, no college

7.5 5.8 6.1 6.2 0.1

Some college or associate degree

6.1 5.0 5.3 5.4 0.1

Bachelor’s degree and higher

3.5 3.3 3.1 3.2 0.1

Reason for unemployment

Job losers and persons who completed temporary jobs

5,887 4,862 4,859 4,836 -23

Job leavers

890 854 862 860 -2

Reentrants

3,116 2,707 2,848 2,845 -3

New entrants

1,295 1,064 1,087 1,066 -21

Duration of unemployment

Less than 5 weeks

2,527 2,410 2,587 2,609 22

5 to 14 weeks

2,738 2,416 2,431 2,449 18

15 to 26 weeks

1,704 1,472 1,412 1,486 74

27 weeks and over

4,269 3,081 3,155 2,963 -192

Employed persons at work part time

Part time for economic reasons

7,898 7,544 7,511 7,277 -234

Slack work or business conditions

4,788 4,525 4,609 4,261 -348

Could only find part-time work

2,663 2,648 2,519 2,587 68

Part time for noneconomic reasons

19,305 19,880 19,662 19,526 -136

Persons not in the labor force (not seasonally adjusted)

Marginally attached to the labor force

2,342 2,028 2,178 2,141

Discouraged workers

866 676 741 775

– Over-the-month changes are not displayed for not seasonally adjusted data.
NOTE: Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Detail for the seasonally adjusted data shown in this table will not necessarily add to totals because of the independent seasonal adjustment of the various series. Updated population controls are introduced annually with the release of January data.

Employment Situation Summary Table B. Establishment data, seasonally adjusted

ESTABLISHMENT DATA
Summary table B. Establishment data, seasonally adjusted
Category Aug.
2013
June
2014
July
2014(p)
Aug.
2014(p)

EMPLOYMENT BY SELECTED INDUSTRY
(Over-the-month change, in thousands)

Total nonfarm

202 267 212 142

Total private

180 260 213 134

Goods-producing

17 34 67 22

Mining and logging

3 5 8 2

Construction

6 8 31 20

Manufacturing

8 21 28 0

Durable goods(1)

14 18 30 2

Motor vehicles and parts

7.6 6.7 12.8 -4.6

Nondurable goods

-6 3 -2 -2

Private service-providing(1)

163 226 146 112

Wholesale trade

10.4 12.9 6.0 6.5

Retail trade

29.4 35.4 20.9 -8.4

Transportation and warehousing

10.2 13.4 19.1 1.2

Information

-28 11 5 -3

Financial activities

-4 19 10 7

Professional and business services(1)

42 70 36 47

Temporary help services

17.1 15.0 9.7 13.0

Education and health services(1)

64 48 33 37

Health care and social assistance

57.8 33.7 40.1 42.7

Leisure and hospitality

34 21 12 15

Other services

6 -5 2 8

Government

22 7 -1 8

WOMEN AND PRODUCTION AND NONSUPERVISORY EMPLOYEES(2)
AS A PERCENT OF ALL EMPLOYEES

Total nonfarm women employees

49.5 49.4 49.4 49.4

Total private women employees

48.1 48.0 47.9 47.9

Total private production and nonsupervisory employees

82.6 82.7 82.6 82.6

HOURS AND EARNINGS
ALL EMPLOYEES

Total private

Average weekly hours

34.5 34.5 34.5 34.5

Average hourly earnings

$24.03 $24.45 $24.47 $24.53

Average weekly earnings

$829.04 $843.53 $844.22 $846.29

Index of aggregate weekly hours (2007=100)(3)

99.0 100.8 101.0 101.1

Over-the-month percent change

0.4 0.2 0.2 0.1

Index of aggregate weekly payrolls (2007=100)(4)

113.5 117.6 117.9 118.4

Over-the-month percent change

0.7 0.5 0.3 0.4

HOURS AND EARNINGS
PRODUCTION AND NONSUPERVISORY EMPLOYEES

Total private

Average weekly hours

33.7 33.7 33.7 33.7

Average hourly earnings

$20.17 $20.58 $20.62 $20.68

Average weekly earnings

$679.73 $693.55 $694.89 $696.92

Index of aggregate weekly hours (2002=100)(3)

106.5 108.5 108.7 108.8

Over-the-month percent change

0.8 0.2 0.2 0.1

Index of aggregate weekly payrolls (2002=100)(4)

143.5 149.2 149.7 150.3

Over-the-month percent change

0.8 0.4 0.3 0.4

DIFFUSION INDEX(5)
(Over 1-month span)

Total private (264 industries)

63.1 64.0 65.9 59.1

Manufacturing (81 industries)

55.6 54.3 54.9 51.2

Footnotes
(1) Includes other industries, not shown separately.
(2) Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries.
(3) The indexes of aggregate weekly hours are calculated by dividing the current month’s estimates of aggregate hours by the corresponding annual average aggregate hours.
(4) The indexes of aggregate weekly payrolls are calculated by dividing the current month’s estimates of aggregate weekly payrolls by the corresponding annual average aggregate weekly payrolls.
(5) Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with increasing and decreasing employment.
(p) Preliminary

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, THURSDAY, AUGUST 28, 2014
BEA 14-40

* See the navigation bar at the right side of the news release text for links to data tables,
contact personnel and their telephone numbers, and supplementary materials.

Lisa S. Mataloni: (202) 606-5304 (GDP) gdpniwd@bea.gov
Kate Shoemaker: (202) 606-5564 (Profits) cpniwd@bea.gov
Jeannine Aversa: (202) 606-2649 (News Media)
National Income and Product Accounts
Gross Domestic Product, Second Quarter 2014 (Second Estimate); Corporate Profits, Second Quarter 2014 (Preliminary Estimate)
      Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- increased at an annual rate of 4.2 percent in the second quarter of 2014,
according to the "second" estimate released by the Bureau of Economic Analysis.  In the first quarter,
real GDP decreased 2.1 percent.

      The GDP estimate released today is based on more complete source data than were available for
the "advance" estimate issued last month.  In the advance estimate, the increase in real GDP was 4.0
percent.  With this second estimate for the second quarter, the general picture of economic growth
remains the same; the increase in nonresidential fixed investment was larger than previously estimated,
while the increase in private inventory investment was smaller than previously estimated (see
"Revisions" on page 3).

      The increase in real GDP in the second quarter primarily reflected positive contributions from
personal consumption expenditures (PCE), private inventory investment, exports, nonresidential fixed
investment, state and local government spending, and residential fixed investment.  Imports, which are a
subtraction in the calculation of GDP, increased.

      Real GDP increased 4.2 percent in the second quarter after decreasing 2.1 percent in the first.
This upturn in the percent change in real GDP primarily reflected upturns in exports and in private
inventory investment, accelerations in PCE and in nonresidential fixed investment, and upturns in state
and local government spending and in residential fixed investment that were partly offset by an
acceleration in imports.

FOOTNOTE_____
Quarterly estimates are expressed at seasonally adjusted annual rates, unless otherwise specified.
Quarter-to-quarter dollar changes are differences between these published estimates.  Percent changes
are calculated from unrounded data and are annualized.  "Real" estimates are in chained (2009) dollars.
Price indexes are chain-type measures.

This news release is available on BEA's Web site along with the Technical Note and Highlights related to
this release. For information on revisions, see "The Revisions to GDP, GDI, and Their Major Components".
_____________


      The price index for gross domestic purchases, which measures prices paid by U.S. residents,
increased 1.9 percent in the second quarter, the same increase as in the advance estimate; this index
increased 1.4 percent in the first quarter.  Excluding food and energy prices, the price index for gross
domestic purchases increased 1.7 percent, compared with an increase of 1.3 percent.

      Real personal consumption expenditures increased 2.5 percent in the second quarter, compared
with an increase of 1.2 percent in the first.  Durable goods increased 14.3 percent, compared with an
increase of 3.2 percent.  Nondurable goods increased 1.9 percent in the second quarter; it was unchanged
in the first.  Services increased 0.8 percent, compared with an increase of 1.3 percent.

      Real nonresidential fixed investment increased 8.4 percent in the second quarter, compared with
an increase of 1.6 percent in the first.  Investment in nonresidential structures increased 9.4 percent,
compared with an increase of 2.9 percent.  Investment in equipment increased 10.7 percent, in contrast
to a decrease of 1.0 percent.  Investment in intellectual property products increased 4.4 percent,
compared with an increase of 4.6 percent.  Real residential fixed investment increased 7.2 percent, in
contrast to a decrease of 5.3 percent.

      Real exports of goods and services increased 10.1 percent in the second quarter, in contrast to a
decrease of 9.2 percent in the first.  Real imports of goods and services increased 11.0 percent,
compared with an increase of 2.2 percent.

      Real federal government consumption expenditures and gross investment decreased 0.9 percent
in the second quarter, compared with a decrease of 0.1 percent in the first.  National defense increased
0.9 percent, in contrast to a decrease of 4.0 percent.  Nondefense decreased 3.7 percent, in contrast to an
increase of 6.6 percent.  Real state and local government consumption expenditures and gross
investment increased 2.9 percent, in contrast to a decrease of 1.3 percent.

      The change in real private inventories added 1.39 percentage points to the second-quarter change
in real GDP after subtracting 1.16 percentage points from the first-quarter change.  Private businesses
increased inventories $83.9 billion in the second quarter, following increases of $35.2 billion in the first
quarter and $81.8 billion in the fourth.

      Real final sales of domestic product -- GDP less change in private inventories -- increased 2.8
percent in the second quarter, in contrast to a decrease of 1.0 percent in the first.


Gross domestic purchases

      Real gross domestic purchases -- purchases by U.S. residents of goods and services wherever
produced -- increased 4.5 percent in the second quarter, in contrast to a decrease of 0.4 percent in the
first.


Gross national product

      Real gross national product -- the goods and services produced by the labor and property
supplied by U.S. residents -- increased 4.3 percent in the second quarter, in contrast to a decrease of 2.8
percent in the first.  GNP includes, and GDP excludes, net receipts of income from the rest of the world,
which increased $7.8 billion in the second quarter, in contrast to a decrease of $27.4 billion in the first;
in the second quarter, receipts increased $4.2 billion, and payments decreased $3.5 billion.
Current-dollar GDP

      Current-dollar GDP -- the market value of the nation's output of goods and services -- increased
6.4 percent, or $267.3 billion, in the second quarter to a level of $17,311.3 billion.  In the first quarter,
current-dollar GDP decreased 0.8 percent, or $34.3 billion.


Gross domestic income

      Real gross domestic income (GDI), which measures the output of the economy as the costs
incurred and the incomes earned in the production of GDP, increased 4.7 percent in the second quarter,
in contrast to a decrease of 0.8 percent (revised) in the first.  For a given quarter, the estimates of GDP
and GDI may differ for a variety of reasons, including the incorporation of largely independent source
data.  However, over longer time spans, the estimates of GDP and GDI tend to follow similar patterns of
change.


Revisions

      The upward revision to the percent change in real GDP primarily reflected an upward revision to
nonresidential fixed investment and a downward revision to imports that were partly offset by a
downward revision to private inventory investment.




                                     Advance Estimate    Second Estimate
			           Percent change from preceding quarter)

Real GDP...............................     4.0               4.2
Current-dollar GDP.....................     6.0               6.4
Real GDI...............................     ---               4.7
Gross domestic purchases price index...     1.9               1.9



                                              Corporate Profits


Profits from current production

      Profits from current production (corporate profits with inventory valuation adjustment (IVA) and
capital consumption adjustment (CCAdj)) increased $154.9 billion in the second quarter, in contrast to a
decrease of $201.7 billion in the first.

      Taxes on corporate income increased $39.7 billion in the second quarter, compared with an
increase of $66.9 billion in the first.  Profits after tax with IVA and CCAdj increased $115.2 billion, in
contrast to a decrease of $268.6 billion.

 	Dividends decreased $1.3 billion in the second quarter, compared with a decrease of $89.5
billion in the first.  Undistributed profits increased $116.5 billion, in contrast to a decrease of $178.9
billion.  Net cash flow with IVA -- the internal funds available to corporations for investment --
increased $130.9 billion, in contrast to a decrease of $163.0 billion.

      Domestic profits of financial corporations increased $30.6 billion in the second quarter, in
contrast to a decrease of $86.2 billion in the first.  Domestic profits of nonfinancial corporations
increased $119.3 billion, in contrast to a decrease of $89.6 billion.

      The rest-of-the-world component of profits increased $4.9 billion in the second quarter, in
contrast to a decrease of $26.0 billion in the first.  This measure is calculated as the difference between
receipts from rest of the world and payments to rest of the world.  In the second quarter, receipts
increased $4.7 billion, and payments decreased $0.2 billion.

	The IVA and CCAdj are adjustments that convert inventory withdrawals and depreciation of
fixed assets reported on a tax-return, historical-cost basis to the current-cost economic measures used in
the national income and product accounts.  IVA increased $11.1 billion, in contrast to a decrease of
$21.6 billion.  CCAdj decreased $0.8 billion, compared with a decrease of $195.7 billion.


Gross value added of nonfinancial domestic corporate business

       In the second quarter, real gross value added of nonfinancial corporations and profits per unit of
real value added increased.  The increase in unit profits reflected an increase in unit prices and decreases
in the unit nonlabor and labor costs incurred by corporations.

                                     *          *          *

      BEA's national, international, regional, and industry estimates; the Survey of Current Business;
and BEA news releases are available without charge on BEA's Web site at www.bea.gov.  By visiting
the site, you can also subscribe to receive free e-mail summaries of BEA releases and announcements.

                                     *          *          *

                        Next release -- September 26, 2014 at 8:30 A.M. EDT for:
                      Gross Domestic Product:  Second Quarter 2014 (Third Estimate)
                       Corporate Profits:  Second Quarter 2014 (Revised Estimate)
http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
  BUREAU OF THE FISCAL SERVICE
                                                  STAR - TREASURY FINANCIAL DATABASE
             TABLE 1.  SUMMARY OF RECEIPTS, OUTLAYS AND THE DEFICIT/SURPLUS BY MONTH OF THE U.S. GOVERNMENT (IN MILLIONS)

                                                        ACCOUNTING DATE:  07/14

   PERIOD                                                                     RECEIPTS                OUTLAYS    DEFICIT/SURPLUS (-)
+  ____________________________________________________________  _____________________  _____________________  _____________________
   PRIOR YEAR

     OCTOBER                                                                   184,316                304,311                119,995
     NOVEMBER                                                                  161,730                333,841                172,112
     DECEMBER                                                                  269,508                270,699                  1,191
     JANUARY                                                                   272,225                269,340                 -2,886
     FEBRUARY                                                                  122,815                326,354                203,539
     MARCH                                                                     186,018                292,548                106,530
     APRIL                                                                     406,723                293,834               -112,889
     MAY                                                                       197,182                335,914                138,732
     JUNE                                                                      286,627                170,126               -116,501
     JULY                                                                      200,030                297,627                 97,597
     AUGUST                                                                    185,370                333,284                147,914
     SEPTEMBER                                                                 301,469                226,355                -75,114

       YEAR-TO-DATE                                                          2,774,011              3,454,232                680,221

   CURRENT YEAR

     OCTOBER                                                                   198,927                289,511                 90,584
     NOVEMBER                                                                  182,453                317,679                135,226
     DECEMBER                                                                  283,221                230,001                -53,220
     JANUARY                                                                   295,997                306,247                 10,250
     FEBRUARY                                                                  144,349                337,880                193,532
     MARCH                                                                     215,846                252,732                 36,886
     APRIL                                                                     414,237                307,383               -106,853
     MAY                                                                       199,889                329,860                129,971
     JUNE                                                                      323,646                253,127                -70,519
     JULY                                                                      210,613                305,206                 94,593

       YEAR-TO-DATE                                                          2,469,178              2,929,628                460,450
-

http://fms.treas.gov/mts/mts0714.txt

24,639,000: Record Number of Foreign-Born Hold Jobs in U.S.

By Ali Meyer

The number of foreign-born individuals holding jobs in the United States hit a recorded high of 24,639,000 in August, according to data from the Bureau of Labor Statistics (BLS). The BLS has been tracking the number of foreign-born workers annually since 2005 and monthly since 2007.

The BLS does not distinguish between foreign-born individuals who are in the United States legally and those who are here illegally.

“The foreign born are those who reside in the United States but who were born outside the country or one of its outlying areas to parents who were not U.S. citizens,” the BLS explains. “The foreign born include legally-admitted immigrants, refugees, temporary residents such as students and temporary workers, and undocumented immigrants. The survey data, however, do not separately identify the numbers of persons in these categories.”

Foreign-born workers

The 24,639,000 foreign-born workers who held jobs in the United States in August was up 557,000 from July, when 24,082,000 foreign-born workers held jobs. These are non-seasonally adjusted numbers.

In the year from August 2013 to August 2014, the number of foreign-born workers holding jobs in the United States climbed by 806,000, from 23,833,000 to 24,639,000. During the same August-to-August period, the number of native-born Americans holding jobs increased from 120,676,000 to 122,008,000, a climb of 1,332,000.

Of the 146,647,000 people with jobs in the United States in August (in the BLS’s non-seasonally adjusted data), the 24,639,000 foreign-born workers equaled 16.8 percent of the jobholders. But of the 2,138,000 increase in jobholders from August 2013 to August 2014, the 806,000 increase in foreign-born jobholders equaled 37.7 percent of the total.

http://cnsnews.com/news/article/ali-meyer/24639000-record-number-foreign-born-hold-jobs-us

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