Experto En Areas Mediocres
USDL-12-1070
THE EMPLOYMENT SITUATION — MAY 2012
Nonfarm payroll employmentchanged little in May (+69,000), and the unemployment rate was essentially unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care, transportation and warehousing, and wholesale trade but declined in construction. Employment was little changed in most other major industries.
Chart 1. Unemployment rate, seasonally adjusted, May 2010 – May 2012Percent 11.0
Chart 2. Nonfarm payroll employment over-the-month change, seasonally adjusted, May 2010 – May 2012
Thousands 600
500
10.0 9.0
400 300 200 100
8.0 7.0
M ay-1 A ug-1 No v-1 Feb-1 M ay-1 A ug-1 No v-1 Feb-1 M ay-1 0 0 0 1 1 1 1 2 2
0 -100 -200
M ay-1 A ug-1 No v-1 Feb-1 M ay-1 A ug-1 No v-1 Feb-1 M ay-1 0 0 0 1 1 1 1 2 2
Household Survey Data Both the number ofunemployed persons (12.7 million) and the unemployment rate (8.2 percent) changed little in May. (See table A-1.) Among the major worker groups, the unemployment rates for adult men (7.8 percent) and Hispanics (11.0 percent) edged up in May, while the rates for adult women (7.4 percent), teenagers (24.6 percent), whites (7.4 percent), and blacks (13.6 percent) showed little or no change. The joblessrate for Asians was 5.2 percent in May (not seasonally adjusted), down from 7.0 percent a year earlier. (See tables A-1, A-2, and A-3.)
The number of long-term unemployed (those jobless for 27 weeks and over) rose from 5.1 to 5.4 million in May. These individuals accounted for 42.8 percent of the unemployed. (See table A-12.) The civilian labor force participation rate increased in May by 0.2percentage point to 63.8 percent, offsetting a decline of the same amount in April. The employment-population ratio edged up to 58.6 percent in May. (See table A-1.) The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) edged up to 8.1 million over the month. These individuals were working part time because their hours had been cutback or because they were unable to find a full-time job. (See table A-8.) In May, 2.4 million persons were marginally attached to the labor force, up from 2.2 million 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 unemployedbecause they had not searched for work in the 4 weeks preceding the survey. (See table A-16.) Among the marginally attached, there were 830,000 discouraged workers in May, about the same as 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 1.6 million personsmarginally attached to the labor force in May had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities. (See table A-16.) Establishment Survey Data Total nonfarm payroll employment changed little in May (+69,000), following a similar change in April (+77,000). In comparison, the average monthly gain was 226,000 in the first quarterof the year. In May, employment rose in health care, transportation and warehousing, and wholesale trade, while construction lost jobs. (See table B-1.) Health care employment continued to increase in May (+33,000). Within the industry, employment in ambulatory health care services, which includes offices of physicians and outpatient care centers, rose by 23,000 over the month. Over the year,...
Regístrate para leer el documento completo.