Pronk Pops Show 49, October 12, 2011: Segment 1: President Obama Beats 62 Year Record Held By Reagan: Unemployment Rate Over 8% For 32 Months and Over 9% For 27 Months!–Average Weeks Unemployed Hits All Time High of 40.5 Weeks!–Videos

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Pronk Pops Show 49:October 12, 2011

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Segment 1: President Obama Beats 62 Year Record Held By Reagan: Unemployment Rate Over 8% For 32 Months and Over 9% For 27 Months!–Average Weeks Unemployed Hits All Time High of 40.5 Weeks!–Videos

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

The Unemployment Game Show: Are You *Really* Unemployed? from Mint.com

CNBC – Bottom Line – Hiring Uptick Not Enough To Ease Recession Fears 10-7-2011

IHS’s Gault Says U.S. Jobless Rate Could Reach 9.4%

U.S. Federal Reserve Chairman Ben Bernanke Warns Of Slow US Recovery CCTV News

Ben Bernanke: ‘OccupyWallstreet and Usury’

Dealing with Long-term Unemployment

President Obama made history in September when he decisively beat President Reagan’s record for the worst U.S. economy since the Great Depression, in terms of unemployment. The first Friday of every month at 7:30 a.m., the Department of Labor, Bureau of Labor Statistics (BLS), publishes the Employment Situation, as it did on Oct. 7. The BLS reported that the unemployment rate in September remained unchanged at 9.1 percent, with 14 million Americans unemployed. This is more than the estimated 13 million Americans unemployed in the worst month of the Great Depression, March 1933.

Since 1948, the BLS has been publishing the monthly unemployment rate statistics known to economists as U3 or the headline unemployment rate.

U.S. Unemployment Rate Percent, 1948 to Present

For this 63 year post-World War II period Reagan held the record of 27 months for the longest and worst U.S. economy in terms of unemployment rates exceeding 8 percent.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1981 7.5 7.4 7.4 7.2 7.5 7.5 7.2 7.4 7.6 7.9 8.3 8.5
1982 8.6 8.9 9.0 9.3 9.4 9.6 9.8 9.8 10.1 10.4 10.8 10.8
1983 10.4 10.4 10.3 10.2 10.1 10.1 9.4 9.5 9.2 8.8 8.5 8.3
1984 8.0 7.8 7.8 7.7 7.4 7.2 7.5 7.5 7.3 7.4 7.2 7.3

Obama has decisively surpassed Reagan’s record with 32 months of the unemployment rate above 8 percent.The U.S. economy’s unemployment rate is expected to remain over 8 percent for the next 12 to 24 months.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
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 9.1 9.2 9.1 9.1 9.1

While the U3 headline unemployment rate number gets the attention of most journalists, among economists and investment analysts the U6 total unemployment rate gets more attention. It includes people who want to work full time but have been unable to find work. The U6 unemployment rate increased from 16.2 percent in August to 16.5 percent in September. This represents more than 25.4 million unemployed and underemployed Americans.

Unlike the U3 unemployment rate, the U6 unemployment rate includes marginal attached workers including discouraged workers and individuals who are working part time but looking for full-time employment.

The BLS defines marginally attached workers as “persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.”

Discouraged workers are marginally attached workers who are not currently looking for work because there are no jobs available or there are none for which they would qualify.

What is even worse for those searching for a job is the average weeks unemployed has more than doubled from 19.9 weeks in January 2009 to 40.5 weeks in September 2011. During the Reagan years the average weeks unemployed in January 1981 was 14.3 weeks and peaked at 21.2 weeks in July 1983 and fell to 7.3 weeks in January 1985.

In September, 103,000 new jobs were created as reported in the BLS’s Establishment Survey Data. For the last six months an average of 72,000 new jobs were created monthly compared with 161,000 for the seven months prior to April 2011. The U.S. economy needs to create between 250,000 to 300,000 new jobs each month to reduce the unemployment rate by .1 percent.

Every month high school and college students, graduates and dropouts enter the labor force for the first time. In order to keep the unemployment rate unchanged, the U.S. economy needs to create a minimum of 100,000 to 150,000 new jobs each month to absorb new entrants into the labor market. The September unemployment rate among teenagers was 24.6 percent.

The U.S. economy is on the brink of another recession with the real Gross Domestic Product growth rate approaching zero. For the next 6 to 12 months many economists are predicting the unemployment rate will rise from 9.1 percent to over 10 percent before  falling back down  under 9 percent in the following 12 months.

Reagan’s Economic Recovery Tax Act (ERTA) of 1981 reduced tax rates by about 25 percent, one of the largest cuts in the postwar period. Taxes were cut again with the Tax Reform Act of 1986, which reduced tax rates, broadened the tax base and eliminated many deductions. The top marginal individual income tax rates were reduced from 70 percent to 28 percent as a result of the 1981 and 1986 bills.

In 1981 the top 1 percent of all taxpayers paid 17.58 percent of all personal income taxes. By 1988 the top 1 percent of all taxpayers paid 27.58 percent of all taxes.

Reagan’s economic policies resulted in a robust economic recovery, with a record growth in private sector jobs. At the start of the Reagan administration in January 1981, the unemployment rate was 7.5 percent. At the end of the Reagan administration in January 1989, the unemployment rate was 5.4 percent . The Reagan economic expansion was the second longest in U.S. economic history, surpassed only by the one which began in 1991 by George H.W. Bush.

Obama’s proposed $447 billion American Jobs Act provides a temporary one-year cut in payroll taxes and more government spending to be paid for by permanent increases in tax rates. Obama’s first jobs or stimulus package of $787 billion, the American Recovery and Reinvest Act of 2009, was supposed to create jobs and keep the unemployment rate less than 8 percent.

The Congressional Budget Office on Oct. 7 released their estimates of the impact of the American Jobs Act. For fiscal years 2012 and 2013, it would increase the deficit by $284.8 billionand $110.6 billion respectively. President Barack Obama continues his failed economic policies of more and more deficit spending.

This has resulted in unprecedented and massive budget deficits in Fiscal Years 2009, 2010, and 2011 of $1.41 trillion, $1.29 trillion and $1.3 trillion respectively. This is a total of $4 trillion in deficit spending and an increase in the national debt in just three years under the Obama administration and Democratic Party control of both the House of Representatives and Senate.This is the height of fiscal irresponsibility.

The vast majority of the American people want federal government spending and taxes cut, budgets balanced and the unemployment  rate brought down to under 4 percent. Instead, Obama wants to repeat his economic policy mistakes. This does not bode well for Obama’s chances of being re-elected president for a second term.

All statistics are from the Department of Labor, Bureau of Labor Statistic, October, 2011

Unemployment Rate (U-3)

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

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1948 3.4 3.8 4.0 3.9 3.5 3.6 3.6 3.9 3.8 3.7 3.8 4.0
1949 4.3 4.7 5.0 5.3 6.1 6.2 6.7 6.8 6.6 7.9 6.4 6.6
1950 6.5 6.4 6.3 5.8 5.5 5.4 5.0 4.5 4.4 4.2 4.2 4.3
1951 3.7 3.4 3.4 3.1 3.0 3.2 3.1 3.1 3.3 3.5 3.5 3.1
1952 3.2 3.1 2.9 2.9 3.0 3.0 3.2 3.4 3.1 3.0 2.8 2.7
1953 2.9 2.6 2.6 2.7 2.5 2.5 2.6 2.7 2.9 3.1 3.5 4.5
1954 4.9 5.2 5.7 5.9 5.9 5.6 5.8 6.0 6.1 5.7 5.3 5.0
1955 4.9 4.7 4.6 4.7 4.3 4.2 4.0 4.2 4.1 4.3 4.2 4.2
1956 4.0 3.9 4.2 4.0 4.3 4.3 4.4 4.1 3.9 3.9 4.3 4.2
1957 4.2 3.9 3.7 3.9 4.1 4.3 4.2 4.1 4.4 4.5 5.1 5.2
1958 5.8 6.4 6.7 7.4 7.4 7.3 7.5 7.4 7.1 6.7 6.2 6.2
1959 6.0 5.9 5.6 5.2 5.1 5.0 5.1 5.2 5.5 5.7 5.8 5.3
1960 5.2 4.8 5.4 5.2 5.1 5.4 5.5 5.6 5.5 6.1 6.1 6.6
1961 6.6 6.9 6.9 7.0 7.1 6.9 7.0 6.6 6.7 6.5 6.1 6.0
1962 5.8 5.5 5.6 5.6 5.5 5.5 5.4 5.7 5.6 5.4 5.7 5.5
1963 5.7 5.9 5.7 5.7 5.9 5.6 5.6 5.4 5.5 5.5 5.7 5.5
1964 5.6 5.4 5.4 5.3 5.1 5.2 4.9 5.0 5.1 5.1 4.8 5.0
1965 4.9 5.1 4.7 4.8 4.6 4.6 4.4 4.4 4.3 4.2 4.1 4.0
1966 4.0 3.8 3.8 3.8 3.9 3.8 3.8 3.8 3.7 3.7 3.6 3.8
1967 3.9 3.8 3.8 3.8 3.8 3.9 3.8 3.8 3.8 4.0 3.9 3.8
1968 3.7 3.8 3.7 3.5 3.5 3.7 3.7 3.5 3.4 3.4 3.4 3.4
1969 3.4 3.4 3.4 3.4 3.4 3.5 3.5 3.5 3.7 3.7 3.5 3.5
1970 3.9 4.2 4.4 4.6 4.8 4.9 5.0 5.1 5.4 5.5 5.9 6.1
1971 5.9 5.9 6.0 5.9 5.9 5.9 6.0 6.1 6.0 5.8 6.0 6.0
1972 5.8 5.7 5.8 5.7 5.7 5.7 5.6 5.6 5.5 5.6 5.3 5.2
1973 4.9 5.0 4.9 5.0 4.9 4.9 4.8 4.8 4.8 4.6 4.8 4.9
1974 5.1 5.2 5.1 5.1 5.1 5.4 5.5 5.5 5.9 6.0 6.6 7.2
1975 8.1 8.1 8.6 8.8 9.0 8.8 8.6 8.4 8.4 8.4 8.3 8.2
1976 7.9 7.7 7.6 7.7 7.4 7.6 7.8 7.8 7.6 7.7 7.8 7.8
1977 7.5 7.6 7.4 7.2 7.0 7.2 6.9 7.0 6.8 6.8 6.8 6.4
1978 6.4 6.3 6.3 6.1 6.0 5.9 6.2 5.9 6.0 5.8 5.9 6.0
1979 5.9 5.9 5.8 5.8 5.6 5.7 5.7 6.0 5.9 6.0 5.9 6.0
1980 6.3 6.3 6.3 6.9 7.5 7.6 7.8 7.7 7.5 7.5 7.5 7.2
1981 7.5 7.4 7.4 7.2 7.5 7.5 7.2 7.4 7.6 7.9 8.3 8.5
1982 8.6 8.9 9.0 9.3 9.4 9.6 9.8 9.8 10.1 10.4 10.8 10.8
1983 10.4 10.4 10.3 10.2 10.1 10.1 9.4 9.5 9.2 8.8 8.5 8.3
1984 8.0 7.8 7.8 7.7 7.4 7.2 7.5 7.5 7.3 7.4 7.2 7.3
1985 7.3 7.2 7.2 7.3 7.2 7.4 7.4 7.1 7.1 7.1 7.0 7.0
1986 6.7 7.2 7.2 7.1 7.2 7.2 7.0 6.9 7.0 7.0 6.9 6.6
1987 6.6 6.6 6.6 6.3 6.3 6.2 6.1 6.0 5.9 6.0 5.8 5.7
1988 5.7 5.7 5.7 5.4 5.6 5.4 5.4 5.6 5.4 5.4 5.3 5.3
1989 5.4 5.2 5.0 5.2 5.2 5.3 5.2 5.2 5.3 5.3 5.4 5.4
1990 5.4 5.3 5.2 5.4 5.4 5.2 5.5 5.7 5.9 5.9 6.2 6.3
1991 6.4 6.6 6.8 6.7 6.9 6.9 6.8 6.9 6.9 7.0 7.0 7.3
1992 7.3 7.4 7.4 7.4 7.6 7.8 7.7 7.6 7.6 7.3 7.4 7.4
1993 7.3 7.1 7.0 7.1 7.1 7.0 6.9 6.8 6.7 6.8 6.6 6.5
1994 6.6 6.6 6.5 6.4 6.1 6.1 6.1 6.0 5.9 5.8 5.6 5.5
1995 5.6 5.4 5.4 5.8 5.6 5.6 5.7 5.7 5.6 5.5 5.6 5.6
1996 5.6 5.5 5.5 5.6 5.6 5.3 5.5 5.1 5.2 5.2 5.4 5.4
1997 5.3 5.2 5.2 5.1 4.9 5.0 4.9 4.8 4.9 4.7 4.6 4.7
1998 4.6 4.6 4.7 4.3 4.4 4.5 4.5 4.5 4.6 4.5 4.4 4.4
1999 4.3 4.4 4.2 4.3 4.2 4.3 4.3 4.2 4.2 4.1 4.1 4.0
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 4.8 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 9.1 9.2 9.1 9.1 9.1

Average Weeks Unemployed

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

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1948 8.9 8.4 8.7 8.5 9.1 8.8 8.6 8.8 8.5 9.5 7.8 8.1
1949 8.2 8.3 8.3 8.8 9.1 10.0 10.8 11.0 11.7 10.9 11.6 11.8
1950 11.3 11.8 12.4 12.6 12.7 13.1 12.5 12.2 12.2 12.3 10.7 10.7
1951 10.6 10.8 10.1 10.6 9.9 8.7 9.2 9.1 9.1 8.9 9.7 9.3
1952 9.3 8.8 8.4 9.0 7.8 7.3 7.5 7.6 8.1 9.1 9.5 8.8
1953 9.3 8.4 8.5 7.8 7.9 8.2 7.9 8.0 7.1 7.2 7.9 8.0
1954 8.7 9.5 10.6 10.9 11.6 12.3 12.5 12.8 12.9 13.3 13.2 13.4
1955 13.4 14.2 13.4 14.3 14.4 13.4 13.8 12.3 11.7 11.5 11.3 12.0
1956 11.7 12.5 11.6 11.0 10.4 10.1 10.5 12.0 11.8 11.6 10.9 11.4
1957 10.4 10.7 10.8 10.6 10.4 10.2 10.1 10.5 9.8 11.1 10.4 10.4
1958 10.5 11.0 11.2 12.1 13.1 14.4 14.6 15.7 16.5 16.5 16.4 15.7
1959 16.3 15.5 15.3 14.9 14.7 14.9 14.3 13.7 13.7 12.9 13.1 13.1
1960 13.5 13.1 13.0 12.6 11.9 11.9 12.6 12.2 12.9 13.5 13.9 12.4
1961 13.7 13.6 14.1 15.5 15.6 16.2 17.3 17.0 16.1 15.9 17.0 15.8
1962 15.3 16.0 15.0 14.9 15.5 15.1 14.6 14.5 14.1 14.1 13.3 13.6
1963 13.8 14.1 14.5 14.5 14.5 14.0 14.0 13.9 14.2 13.9 13.3 13.3
1964 13.5 13.2 13.5 12.4 13.6 13.6 14.7 13.0 12.7 12.6 14.0 12.7
1965 12.2 12.6 12.0 11.4 11.1 11.6 11.6 11.9 11.9 12.1 11.7 11.4
1966 11.9 11.2 11.1 10.8 10.2 9.7 9.7 9.8 10.1 10.3 9.7 9.5
1967 9.3 9.2 8.9 8.8 8.7 8.3 8.3 8.9 8.4 8.7 8.9 8.6
1968 9.4 8.7 8.5 8.7 8.2 7.9 8.4 8.3 8.2 8.4 8.1 8.2
1969 8.1 7.9 7.9 7.9 7.9 7.7 7.8 7.9 8.0 7.6 8.0 8.0
1970 7.9 8.0 8.3 8.2 8.6 8.6 8.9 8.8 8.9 8.7 9.3 9.8
1971 10.5 10.4 10.6 10.9 11.2 11.6 11.5 11.5 11.9 12.6 12.0 11.5
1972 12.1 12.4 12.3 12.4 12.3 12.4 11.8 11.8 12.1 11.7 11.4 11.4
1973 11.0 10.5 10.6 10.0 10.1 9.6 9.6 9.8 9.4 10.2 9.9 9.5
1974 9.5 9.6 9.7 9.8 9.6 9.7 9.9 9.8 9.6 9.9 9.6 10.1
1975 10.7 11.7 11.8 12.9 13.4 15.3 15.0 15.6 16.1 15.4 16.6 16.5
1976 16.6 16.3 16.5 15.9 15.0 16.9 15.7 15.6 15.2 15.2 15.3 15.1
1977 15.2 14.7 14.5 14.4 14.9 14.4 14.3 13.9 14.0 13.7 13.6 13.6
1978 12.9 12.5 12.4 12.3 12.1 12.1 12.0 11.4 11.4 11.7 11.1 10.6
1979 11.1 11.2 11.7 11.0 11.1 10.4 10.3 10.6 10.5 10.5 10.6 10.8
1980 10.4 10.6 11.0 11.4 10.9 11.3 11.8 12.4 12.9 13.1 13.6 13.7
1981 14.3 14.1 14.0 13.9 13.6 13.7 13.8 14.4 13.6 13.5 13.1 13.1
1982 13.4 14.1 14.1 14.5 14.9 15.7 15.4 16.2 16.6 17.2 17.1 18.1
1983 19.4 19.2 19.4 19.5 20.5 20.8 21.2 20.0 20.2 20.2 19.7 19.2
1984 20.4 19.0 19.1 18.9 18.8 18.1 18.0 17.3 17.0 16.7 17.0 16.8
1985 15.9 15.9 16.1 16.4 15.3 15.5 15.5 15.3 15.3 15.3 15.7 15.1
1986 14.8 15.2 14.6 14.7 14.7 15.2 15.2 15.5 15.4 15.2 15.0 15.0
1987 14.9 14.7 14.9 14.8 14.9 14.9 14.2 14.4 14.2 14.0 14.0 14.2
1988 14.2 14.4 13.7 13.3 13.8 13.1 13.4 13.6 13.6 13.4 12.6 12.9
1989 12.6 12.4 12.3 12.5 12.0 11.1 11.8 11.4 11.5 11.9 11.7 11.6
1990 11.8 11.6 11.7 11.8 11.7 11.6 11.9 12.2 12.4 12.2 12.4 12.5
1991 12.2 12.7 12.9 13.5 12.9 13.7 13.8 13.9 14.0 14.4 14.8 15.4
1992 16.1 16.7 17.1 17.4 17.8 18.2 18.1 18.0 18.1 18.9 17.9 19.0
1993 18.3 18.2 17.6 17.6 17.5 17.8 17.7 18.0 18.1 18.1 18.6 18.3
1994 18.6 19.0 19.0 19.0 19.5 18.8 19.0 18.8 18.7 19.3 18.0 17.8
1995 17.1 17.0 17.3 17.6 17.0 15.9 16.5 16.2 16.2 16.0 16.4 16.3
1996 16.1 16.4 17.3 17.6 17.0 17.6 16.7 17.3 16.8 16.3 15.9 15.6
1997 16.0 15.8 15.5 15.6 15.4 15.5 16.4 16.0 15.9 16.1 15.4 15.9
1998 15.6 15.4 14.5 14.7 14.7 14.1 14.1 13.7 14.4 14.1 14.5 14.0
1999 13.4 13.8 13.4 13.3 13.4 14.3 13.6 13.1 13.1 13.3 12.9 12.9
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 17.0 16.7 16.5 17.2 17.0 16.3 17.0 17.2 16.6
2008 17.5 16.9 16.5 16.9 16.7 17.2 17.0 17.7 18.6 19.9 18.8 19.8
2009 19.9 20.1 20.9 21.6 22.6 24.1 25.2 25.3 26.6 27.3 28.8 29.3
2010 30.5 29.8 31.7 33.1 34.3 34.8 33.9 33.5 33.4 33.9 33.9 34.2
2011 36.9 37.1 39.0 38.3 39.7 39.9 40.4 40.3 40.5

Total Unemployment Rate (U-6)

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
1994 11.8 11.4 11.4 11.2 10.8 10.9 10.7 10.5 10.4 10.3 10.1 10.0
1995 10.2 9.9 9.9 10.0 10.0 10.1 10.1 10.0 10.1 9.9 10.0 10.0
1996 9.8 10.0 9.8 9.9 9.7 9.6 9.7 9.3 9.4 9.4 9.3 9.5
1997 9.4 9.4 9.1 9.2 8.8 8.8 8.6 8.6 8.7 8.4 8.3 8.4
1998 8.4 8.4 8.4 7.9 7.9 8.0 8.1 7.9 7.9 7.8 7.6 7.6
1999 7.7 7.7 7.6 7.6 7.4 7.5 7.5 7.3 7.4 7.2 7.1 7.1
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 8.1 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 15.8 16.2 16.1 16.2 16.5

Labor Force Participation Rate

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
1948 58.6 58.9 58.5 59.0 58.3 59.2 59.3 58.9 58.9 58.7 58.7 59.1
1949 58.7 59.0 58.9 58.8 59.0 58.6 58.9 59.2 59.1 59.6 59.4 59.2
1950 58.9 58.9 58.8 59.2 59.1 59.4 59.1 59.5 59.2 59.4 59.3 59.2
1951 59.1 59.1 59.8 59.1 59.4 59.0 59.4 59.2 59.1 59.4 59.2 59.6
1952 59.5 59.5 58.9 58.8 59.1 59.1 58.9 58.7 59.2 58.7 59.1 59.2
1953 59.5 59.5 59.6 59.1 58.6 58.9 58.9 58.6 58.5 58.5 58.6 58.3
1954 58.6 59.3 59.1 59.2 58.9 58.5 58.4 58.7 59.2 58.8 58.6 58.1
1955 58.6 58.4 58.5 59.0 58.8 58.8 59.3 59.7 59.7 59.8 59.9 60.2
1956 60.2 59.9 59.8 59.9 60.2 60.1 60.1 60.0 60.0 59.8 59.8 59.8
1957 59.5 59.9 59.8 59.5 59.5 59.8 60.0 59.3 59.6 59.5 59.5 59.6
1958 59.3 59.3 59.3 59.6 59.8 59.5 59.6 59.8 59.7 59.6 59.2 59.2
1959 59.3 59.0 59.3 59.4 59.2 59.2 59.4 59.2 59.3 59.4 59.1 59.5
1960 59.1 59.1 58.5 59.5 59.5 59.7 59.5 59.5 59.7 59.4 59.8 59.7
1961 59.6 59.6 59.7 59.3 59.4 59.7 59.3 59.3 59.0 59.1 59.1 58.8
1962 58.8 59.0 58.9 58.7 58.9 58.8 58.5 59.0 59.0 58.7 58.5 58.4
1963 58.6 58.6 58.6 58.8 58.8 58.5 58.7 58.5 58.7 58.8 58.8 58.5
1964 58.6 58.8 58.7 59.1 59.1 58.7 58.6 58.6 58.7 58.6 58.5 58.6
1965 58.6 58.7 58.7 58.8 59.0 58.8 59.1 58.9 58.7 58.9 58.8 59.0
1966 59.0 58.8 58.8 59.0 59.0 59.1 59.1 59.3 59.3 59.3 59.6 59.5
1967 59.5 59.3 59.1 59.4 59.3 59.6 59.6 59.7 59.7 59.9 59.8 59.9
1968 59.2 59.6 59.6 59.5 59.9 60.0 59.8 59.6 59.5 59.5 59.6 59.7
1969 59.6 60.0 59.9 60.0 59.8 60.1 60.1 60.3 60.3 60.4 60.2 60.2
1970 60.4 60.4 60.6 60.6 60.3 60.2 60.4 60.3 60.2 60.4 60.4 60.4
1971 60.4 60.1 60.0 60.1 60.2 59.8 60.1 60.2 60.1 60.1 60.4 60.4
1972 60.2 60.2 60.5 60.4 60.4 60.4 60.4 60.6 60.4 60.3 60.3 60.5
1973 60.0 60.5 60.8 60.8 60.6 60.9 60.9 60.7 60.8 60.9 61.2 61.2
1974 61.3 61.4 61.3 61.1 61.2 61.2 61.4 61.2 61.4 61.3 61.3 61.2
1975 61.4 61.0 61.2 61.3 61.5 61.2 61.3 61.3 61.2 61.2 61.1 61.1
1976 61.3 61.3 61.3 61.6 61.5 61.5 61.8 61.8 61.6 61.6 61.9 61.8
1977 61.6 61.9 62.0 62.1 62.2 62.4 62.1 62.3 62.3 62.4 62.8 62.7
1978 62.8 62.7 62.8 63.0 63.1 63.3 63.2 63.2 63.3 63.3 63.5 63.6
1979 63.6 63.8 63.8 63.5 63.3 63.5 63.6 63.6 63.8 63.7 63.7 63.9
1980 64.0 64.0 63.7 63.8 63.9 63.7 63.8 63.7 63.6 63.7 63.8 63.6
1981 63.9 63.9 64.1 64.2 64.3 63.7 63.8 63.8 63.5 63.8 63.9 63.6
1982 63.7 63.8 63.8 63.9 64.2 63.9 64.0 64.1 64.1 64.1 64.2 64.1
1983 63.9 63.8 63.7 63.8 63.7 64.3 64.1 64.3 64.3 64.0 64.1 64.1
1984 63.9 64.1 64.1 64.3 64.5 64.6 64.6 64.4 64.4 64.4 64.5 64.6
1985 64.7 64.7 64.9 64.9 64.8 64.6 64.7 64.6 64.9 65.0 64.9 65.0
1986 64.9 65.0 65.1 65.1 65.2 65.4 65.4 65.3 65.4 65.4 65.4 65.3
1987 65.4 65.5 65.5 65.4 65.7 65.5 65.6 65.7 65.5 65.7 65.7 65.7
1988 65.8 65.9 65.7 65.8 65.7 65.8 65.9 66.1 65.9 66.0 66.2 66.1
1989 66.5 66.3 66.3 66.4 66.3 66.5 66.5 66.5 66.4 66.5 66.6 66.5
1990 66.8 66.7 66.7 66.6 66.6 66.4 66.5 66.5 66.4 66.4 66.4 66.4
1991 66.2 66.2 66.3 66.4 66.2 66.2 66.1 66.0 66.2 66.1 66.1 66.0
1992 66.3 66.2 66.4 66.5 66.6 66.7 66.7 66.6 66.5 66.2 66.3 66.3
1993 66.2 66.2 66.2 66.1 66.4 66.5 66.4 66.4 66.2 66.3 66.3 66.4
1994 66.6 66.6 66.5 66.5 66.6 66.4 66.4 66.6 66.6 66.7 66.7 66.7
1995 66.8 66.8 66.7 66.9 66.5 66.5 66.6 66.6 66.6 66.6 66.5 66.4
1996 66.4 66.6 66.6 66.7 66.7 66.7 66.9 66.7 66.9 67.0 67.0 67.0
1997 67.0 66.9 67.1 67.1 67.1 67.1 67.2 67.2 67.1 67.1 67.2 67.2
1998 67.1 67.1 67.1 67.0 67.0 67.0 67.0 67.0 67.2 67.2 67.1 67.2
1999 67.2 67.2 67.0 67.1 67.1 67.1 67.1 67.0 67.0 67.0 67.1 67.1
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 66.0 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 64.2 64.1 63.9 64.0 64.2

Employment Situation Summary

Transmission of material in this release is embargoed                   USDL-11-1441
until 8:30 a.m. (EDT) Friday, October 7, 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 -- SEPTEMBER 2011

Nonfarm payroll employment edged up by 103,000 in September, and the unemployment
rate held at 9.1 percent, the U.S. Bureau of Labor Statistics reported today. The
increase in employment partially reflected the return to payrolls of about 45,000
telecommunications workers who had been on strike in August. In September, job gains
occurred in professional and business services, health care, and construction.
Government employment continued to trend down.

Household Survey Data

The number of unemployed persons, at 14.0 million, was essentially unchanged in
September, and the unemployment rate was 9.1 percent. Since April, the rate has held
in a narrow range from 9.0 to 9.2 percent. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men (8.8 percent),
adult women (8.1 percent), teenagers (24.6 percent), whites (8.0 percent), blacks
(16.0 percent), and Hispanics (11.3 percent) showed little or no change in September.
The jobless rate for Asians was 7.8 percent, not seasonally adjusted. (See tables A-1,
A-2, and A-3.)

The number of long-term unemployed (those jobless for 27 weeks and over) was 6.2
million in September. These individuals accounted for 44.6 percent of the unemployed.
(See table A-12.)

Both the labor force and employment increased in September. However, the civilian
labor force participation rate, at 64.2 percent, and the employment-population ratio,
at 58.3 percent, were little changed. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred to
as involuntary part-time workers) rose to 9.3 million in September. These individuals
were working part time because their hours had been cut back or because they were
unable to find a full-time job. (See table A-8.)

In September, about 2.5 million persons were marginally attached to the labor force,
about the same as 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 1.0 million discouraged workers in September,
down by 172,000 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 1.5 million persons marginally attached
to the labor force in September 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 edged up by 103,000 in September. Since April, payroll
employment has increased by an average of 72,000 per month, compared with an average
of 161,000 for the prior 7 months. In September, job gains occurred in professional
and business services, health care, and construction. Government employment continued
to trend down. (See table B-1.)

Employment in professional and business services increased by 48,000 over the month and
has grown by 897,000 since a recent low in September 2009. Employment in temporary help
services edged up in September; this industry has added 53,000 jobs over the past 3
months. In September, employment growth continued in computer systems design and in
management and technical consulting services.

Health care employment continued to expand in September, with an increase of 44,000.
Within the industry, job gains occurred in ambulatory health care services (+26,000)
and in hospitals (+13,000).

Construction employment increased by 26,000 over the month, after showing little
movement since February. The over-the-month gain was due to employment increases in the
nonresidential construction industries, which includes heavy and civil construction.
Mining employment continued to trend up in September.

Employment in information was up by 34,000 over the month due to the return of about
45,000 telecommunications workers to payrolls after an August strike.

Manufacturing employment changed little in September (-13,000) and has been essentially
flat for the past 2 months.

Within retail trade, employment declined in electronic and appliance stores (-9,000)
in September. Employment in wholesale trade, transportation and warehousing, financial
activities, and leisure and hospitality changed little.

Government employment continued to trend down over the month (-34,000). The U.S.
Postal Service continued to lose jobs (-5,000). Local government employment declined
by 35,000 and has fallen by 535,000 since September 2008.

The average workweek for all employees on private nonfarm payrolls edged up by 0.1
hour over the month to 34.3 hours following a decrease of 0.1 hour in August. The
manufacturing workweek edged down by 0.1 hour in September to 40.2 hours. Factory
overtime increased by 0.1 hour to 3.2 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls edged up by 0.1 hour to 33.6 hours
in September. (See tables B-2 and B-7.)

In September, average hourly earnings for all employees on private nonfarm payrolls
increased by 4 cents, or 0.2 percent, to $23.12. This increase followed a decline of
4 cents in August. Over the past 12 months, average hourly earnings have increased by
1.9 percent. In September, average hourly earnings of private-sector production and
nonsupervisory employees increased by 3 cents, or 0.2 percent, to $19.52. (See tables
B-3 and B-8.)

The change in total nonfarm payroll employment for July was revised from +85,000 to
+127,000, and the change for August was revised from 0 to +57,000.

_____________
The Employment Situation for October is scheduled to be released on Friday, November 4,
2011, at 8:30 a.m. (EDT).

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