Record 56,209,000 Women Not in Labor Force
The number of women not in the labor force reached a record high in July, according to data released Friday by the Bureau of Labor Statistics.
The number of women not in the labor force reached a record high in July, according to data released Friday by the Bureau of Labor Statistics.
The number of people not in the labor force reached another record high in July, according to new jobs data released Friday by the Bureau of Labor Statistics.
The BLS defines people outside the labor force as those ages 16 and older who are neither employed nor have “made specific efforts to find employment sometime during the 4-week period ending with the reference week.” The labor force participation rate also decreased 0.3 percent from last month to 62.6 percent.
Gallup explains its poll results in terms of an “improving U.S. job market,” at a time when a record 93,194,000 Americans were not in the labor force in April, according to the Bureau of Labor Statistics (BLS). In addition, though Gallup shows a 3.5 percent decrease in the percentage of blacks struggling to afford food, data released Friday by the BLS shows that the unemployment rate for African Americans was nearly twice the national average, and more than double the unemployment rate for whites last month.
The Bureau of Labor Statistics (BLS) just published the Job Openings and Labor Turnover Summary (JOLTS) report for February. The job openings percent for the workforce hit a 14 year high of 5.1 million, while the layoffs and discharges percentage stayed at a historic low. But despite the job availability rate more than doubling since 2009, the hiring rate only grew by 30 percent in the same period. Adjusted for population growth, the American economy is still down by 5.9 million jobs.
For the last few months, we’ve heard loud trumpeting about “strong” job reports and signs of economic growth, which the President and his defenders were naturally eager to claim credit for. Not in March.
The unemployment rate is up. But there are more jobs. Is that good or bad? It’s complicated, and that shows how misleading media coverage of the monthly unemployment rate number has become.
Union membership in America continues to dwindle, according to new data released on Friday by the Department of Labor’s Bureau of Labor Statistics.