Economy 101: 12 pct of recent vets unemployed
By Associated PressWASHINGTON (AP) - Veterans of the Afghan and Iraq Wars are more likely to be unemployed than non-veterans, while the foreign-born and disabled are more likely to be jobless than the general population. These figures were included for the first time Friday in the Labor Department's monthly employment report. Overall, the report included mildly positive news: the nation's jobless rate fell to 9.7 percent in January from 10 percent. For veterans who have served since September 2001, joblessness is higher: 12.6 percent, compared to 10.4 percent for non-vets. Both groups have higher rates than the national total because the figures aren't seasonally adjusted. When veterans from all other periods are included, the picture is brighter: the unemployment rate for all vets is 9.6 percent, below the non-vet rate. Meanwhile, 15.2 percent of disabled Americans are unemployed, the department said, compared to 10.4 percent of the general population. The unemployment rate for foreign-born U.S. residents, meanwhile, is 11.8 percent. That compares to 10.3 percent for native-borne citizens. Here, by the numbers, are some more details you can find deep in the employment report. --- CLOSER TO THE PLUS SIGN 20,000: The net total of jobs lost in January 150,000: The net total of jobs lost in December 64,000: The net total of jobs gained in November, the only gain in 25 months 753,000: Average number of jobs lost each month in the first quarter of 2009 35,000: Average number lost each month in the past three months --- TOUGH TIMES FOR THE YOUNGEST 26.4 percent: Unemployment rate for teenagers in January 15.8 percent: Unemployment rate for those 20 to 24 years old --- STILL LOOKING 41.2 percent: Proportion of unemployed who've been out of work six months or longer, the highest on records dating to 1948 30.2 weeks: Average length of unemployment in January, also a record for the same period 6.3 million: Number of people unemployed for six months or longer, also a record for this period 1.3 million: Number unemployed for that long in December 2007, when the recession began --- WHERE THE JOBS ARE 52,000: The number of temporary jobs added in January 11,000: Jobs added in manufacturing, the first gain since January 2007 42,100: Jobs added in retail, the largest gain since November 2007 14,500: Jobs added in hospitals, nursing and other health care sectors 7,100: Jobs added in computer services --- UNDEREMPLOYED 8.3 million: Number of part-time workers who would have preferred full-time work last month 2.5 million: People without jobs who want to work but have stopped looking 16.5 percent: "Underemployment" rate in January if you include the above two categories 17.4 percent: Underemployment rate in October, the highest on records dating to 1994 --- JANUARY UNEMPLOYMENT RATE BY GROUP 12.3 percent: Female heads of households 8.4 percent: Asians 8.7 percent: Whites 12.6 percent: Hispanics 16.5 percent: Blacks |
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February 8, 2012
- Coos Bay / North Bend, Oregon
