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JULY 2015 Unemployment Data--the Full Count*
         (U.S. BUREAU OF LABOR STATISTICS)

OFFICIAL UNEMPLOYMENT: 5.3%*[Analyses]

White
     4.6%
African American
9.1%
Hispanic
6.8%
Asian**
                          4.0%
Persons with a disability**
   10.4%
Men 20 years and over
4.8%
Women 20 years and over
4.9%
Teens (16-19 years)
16.2%
Black teens
28.7%
Officially unemployed
8.3 million

*If the LFPR were at its pre-recession level, the unemployment rate in July 2015 would have been 7.3%  instead of 5.3%. [See "The Labor Force Participation Rate and Its Trajectory"]

HIDDEN UNEMPLOYMENT
Working part-time because can't find a full-time job:  6.3 million
People who want jobs but are not looking so are not counted in official statistics (of which about 1.9 million** searched for work during the prior 12 months and were available for work during the reference week.)   6.1 million
Total: 20.7 million (12.7% of the labor force)
Source: http://www.bls.gov/news.release/pdf/empsit.pdf See also Current Employment Statistics--Highlights
  
**Not seasonally adjusted.
*See Uncommon Sense #4 for an explanation of the unemployment measures, and Is the Decline in the Labor Force Participation Rate During This Recession Permanent?.

In addition, millions more were working full-time, year-round, yet earned less than the official poverty level for a family of four. In 2013, the latest year available, that number was 18.5 million, 17.5 percent of full-time, full-year workers (estimated from Current Population Survey, Bur. of the  Census, 9/2014).

Job Openings and Labor Turnover Summary

Unemployment Rate Vastly Understates Labor Market Weakness EPI

Chartbook: The Legacy of the Great Recession (CBPP)

See BLS slides


National Jobs for All Coalition
PO Box 96
Lynbrook, NY 11563
203-856-3877
Email: njfac [at] njfac.org

The National Jobs for All Coalition is a 501(c)(3) tax-exempt organization