US Unemployment

A Decade Of American Manufacturing Jobs:Statewise Productivity

Posted on October 2, 2011 Updated on May 19, 2014

Source : Forbes

Acording to Forbes ,The manufacturing sector has been one of the brighter parts of the U.S. economy since the end of the Great Recession. In 2010, American manufacturers added value of $1.7 trillion to the U.S. economy, up 6.6% over the previous year after accounting for inflation. By the same measure, the rest of the economy grew by 2.2%.
You might not know it from public commentary, but the United States manufactures more than any other country (including China), and U.S. factories are within reach of their all-time greatest output–a record they set in 2000 and came close to reaching again in 2007

With that growth have come some jobs–about 120,000 new factory jobs in 2011 by the estimate of the Bureau of Labor Statistics, the first year-over-year increase in manufacturing employment since 1998. But that increase, while welcome for those workers who now have a job, barely changes the larger trend: 11.8 million Americans work in manufacturing today, down 40% from peak manufacturing employment in June 1979.

The country’s biggest manufacturing state is California, whose factories make everything from Hershey‘s chocolates to spiral pipe from United States Steel.

This entry was posted in financial crisis, Manufacturing, Statistics, US Jobs, US Unemployment.

US Unemployment and Lay Off Statistics in 2011

Posted on September 11, 2011

US Layoffs Statistics(function() { var scribd = document.createElement(“script”); scribd.type = “text/javascript”; scribd.async = true; scribd.src = “http://www.scribd.com/javascripts/embed_code/inject.js”; var s = document.getElementsByTagName(“script”)[0]; s.parentNode.insertBefore(scribd, s); })();

This entry was posted in Economic Indicators, economic Infographic, US Layoffs, US Unemployment.

The State of US Unemployment : What Lies Beneath

Posted on September 10, 2011 Updated on May 19, 2014

The unemployment rate in the United States was last reported at 9.1 percent in August of 2011. From 1948 until 2010 the United States’ Unemployment Rate averaged 5.70 percent reaching an historical high of 10.80 percent in November of 1982 and a record low of 2.50 percent in May of 1953. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: United States Unemployment Rate chart, historical data and news.

U.S. nonfarm payroll employment was unchanged (0) in August, and the unemployment rate held at 9.1 percent, the U.S. Bureau of Labor Statistics reported on September 2. Employment in most major industries changed little over the month. Health care continued to add jobs, and a decline in information employment reflected a strike. Government employment continued to trend down.

The number of unemployed persons, at 14.0 million, was essentially unchanged in August, and the unemployment rate held at 9.1 percent. The rate has shown little change since April.

Among the major worker groups, the unemployment rates for adult men (8.9 percent), adult women (8.0 percent), teenagers (25.4 percent), whites (8.0 percent), blacks (16.7 percent), and Hispanics (11.3 percent) showed little or no change in August. The jobless rate for Asians was 7.1 percent, not seasonally adjusted.

The number of long-term unemployed (those jobless for 27 weeks and over) was about unchanged at 6.0 million in August and accounted for 42.9 percent of the unemployed.