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Posted by: News_Desk on 12/02/2016 12:29 PM Updated by: thepinetree on 12/02/2016 01:09 PM
Expires: 01/01/2021 12:00 AM
:

The Bureau Of Labor Statistics Report A Decline In November Unemployment Rate

Washington, DC...The unemployment rate declined to 4.6 percent in November, and total nonfarm payroll employment increased by 178,000, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in professional and business services and in health care. In November, the unemployment rate decreased by 0.3 percentage point to 4.6 percent, and the number of unemployed persons declined by 387,000 to 7.4 million. Both measures had shown little movement, on net, from August 2015 through October 2016...


blslogo



Among the major worker groups, the unemployment rate for adult men declined to 4.3
percent in November. The rates for adult women (4.2 percent), teenagers (15.2 percent),
Whites (4.2 percent), Blacks (8.1 percent), Asians (3.0 percent), and Hispanics (5.7 percent)
showed little or no change over the month. (See tables A-1, A-2, and A-3.)

The number of job losers and persons who completed temporary jobs edged down by 194,000
to 3.6 million in November. The number of long-term unemployed (those jobless for 27
weeks or more) was little changed at 1.9 million and accounted for 24.8 percent of the
unemployed. Over the past 12 months, the number of long-term unemployed was down by
198,000. (See tables A-11 and A-12.)

The civilian labor force participation rate, at 62.7 percent, changed little in
November, and the employment-population ratio held at 59.7 percent. These measures
have shown little movement in recent months. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred to
as involuntary part-time workers), at 5.7 million, changed little in November but was
down by 416,000 over the year. These individuals, who would have preferred full-time
employment, 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 November, 1.9 million persons were marginally attached to the labor force, up by
215,000 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 591,000 discouraged workers in November, little
different 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 1.3 million persons marginally attached to the labor
force in November had not searched for work for reasons such as school attendance or
family responsibilities. (See table A-16.)

Total nonfarm payroll employment rose by 178,000 in November. Thus far in 2016,
employment growth has averaged 180,000 per month, compared with an average monthly
increase of 229,000 in 2015. In November, employment gains occurred in professional
and business services and in health care. (See table B-1.)

Employment in professional and business services rose by 63,000 in November and has
risen by 571,000 over the year. Over the month, accounting and bookkeeping services
added 18,000 jobs. Employment continued to trend up in administrative and support
services (+36,000), computer systems design and related services (+5,000), and
management and technical consulting services (+4,000).

Health care employment rose by 28,000 in November. Within the industry, employment growth
occurred in ambulatory health care services (+22,000). Over the past 12 months, health
care has added 407,000 jobs.

Employment in construction continued on its recent upward trend in November (+19,000), with
a gain in residential specialty trade contractors (+15,000). Over the past 3 months,
construction has added 59,000 jobs, largely in residential construction.

Employment in other major industries, including mining, manufacturing, wholesale trade,
retail trade, transportation and warehousing, information, financial activities, leisure
and hospitality, and government, changed little over the month.

The average workweek for all employees on private nonfarm payrolls was unchanged at 34.4
hours in November. In manufacturing, the workweek declined by 0.2 hour to 40.6 hours,
while overtime was unchanged at 3.3 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls was unchanged at 33.6 hours. (See
tables B-2 and B-7.)

In November, average hourly earnings for all employees on private nonfarm payrolls
declined by 3 cents to $25.89, following an 11-cent increase in October. Over the year,
average hourly earnings have risen by 2.5 percent. Average hourly earnings of private-
sector production and nonsupervisory employees edged up by 2 cents to $21.73 in November.
(See tables B-3 and B-8.)

The change in total nonfarm payroll employment for September was revised up from +191,000
to +208,000, and the change for October was revised down from +161,000 to +142,000. With
these revisions, employment gains in September and October combined were 2,000 less than
previously reported. Over the past 3 months, job gains have averaged 176,000 per month.



Comments - Make a comment
The comments are owned by the poster. We are not responsible for its content. We value free speech but remember this is a public forum and we hope that people would use common sense and decency. If you see an offensive comment please email us at news@thepinetree.net
No Subject
Posted on: 2016-12-02 14:02:19   By: Anonymous
 
When your unemployment runs out they count you as being employed again. Which makes their numbers look good and they can brag about the unemployment rate dropping

[Reply ]

    Re:
    Posted on: 2016-12-02 14:23:22   By: Anonymous
     
    Labor force participation rate still dropping

    [Reply ]

      Re:
      Posted on: 2016-12-02 14:42:21   By: Anonymous
       
      Yippie-skippy.

      [Reply ]

        Re:
        Posted on: 2016-12-03 06:46:03   By: Anonymous
         
        Nothing better then opening a new can of Skippy. Pealing back that foil, the aroma smells so good, I start salivating. Weird thing is when my girl friend makes a peanut butter sandwich my dog Bo, gets right next to her and starts licking her leg and...well...he really starts getting into it. He sure likes the smell of it too...a little too much it seems. He doesn't do that to me, he sure likes it when she comes over to visit always jumping on her. It's like she is his best budding in the world. I guess all those days I'm gone and she takes care of him, they're really close now, and boy oh boy, does she go through the peanut butter sandwiches when I'm gone. I should buy stock in Skippy the way we go through it.

        [Reply ]

          Re: Your dog
          Posted on: 2016-12-04 16:33:14   By: Anonymous
           
          I really enjoyed, no I didn't it was sick and perverted, What other fantasies
          do you have of your dog and girlfriend hooking up when you're gone?

          [Reply ]

    Re:
    Posted on: 2016-12-02 17:07:28   By: Anonymous
     
    Correct but the serfs believe every last number the government spoon feeds them so we have a nation of mostly mindless serfs to deal with.Welcome to the Zombie Apocalypse. Just about as bad as Liberals breeding like Flies on a Dog Turd.

    [Reply ]

    Re:
    Posted on: 2016-12-03 15:38:49   By: Anonymous
     
    If your unemployment runs out, you're not actually trying to find a job Gomer.


    [Reply ]


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