- Jan 7, 2014
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Today, Tuesday 01/14, the Emergency Unemployment Compensation Extension Act will continue. As best as I can I will be watching the entire debate live. Updates as they happen!
See also:91,455,000 Americans 16 or older did not participate in the nations labor force in January, meaning they neither held a job nor actively sought one. That's a 353,000 decline from December, but 172,000 more than November. The national labor force participation rate -- the share of Americans who had a job or were actively looking for one -- ticked up to 63 percent in January, from 62.8 percent in December.
In January, according to BLS, the nations civilian non-institutional population, consisting of all people 16 or older who were not in the military, a nursing home or other institution, reached 246,915,000 (number not seasonally adjusted). Of those, 155,460,000 participated in the labor force by either holding a job or actively seeking one. The 155,460,000 who participated in the labor force equaled only 63.0 percent of the 246,915,000 civilian non-institutional population.
Another 91,455,000 Americans did not participate in the labor force. These Americans did not have a job and were not actively trying to find one. Of the 155,460,000 who did participate in the labor force, 145,224,000 had a job, and 10,236,000 did not have a job were actively seeking onemaking them the nations unemployed. The 10,236,000 job seekers were 6.6 percent of the 155,460,000 actively participating in the labor force during the month. Thus, the unemployment rate was 6.6 percent.
1,154,000 Fewer Americans Working Today Than 6 Years Ago | CNS News
The teen unemployment rate went up in January to 20.7% -- from 20.2% in December-- and is now more than three times the national unemployment rate of 6.6%, according to the latest data from the Bureau of Labor Statistics (BLS).
The national unemployment rate for youth, age 16 to 19, was 20.7% in November, three times the national average of 6.6%.
The BLS numbers show there were 1,140,000 people ages 16-19 unemployed in December. For January, that number was 1,147,000 -- an increase of 0.6%.
The teen unemployment rate (seasonally adjusted) has been in the 20s range (high and low) since October 2008. It hit a high of 27.3% in October 2010.
Teen Unemployment: 20.7%, More Than Three Times the National Average | CNS News
According to the Census Bureau, whites comprise 77.9% of the U.S. population and Blacks or African Americans make up 13.1% of the population.
Hispanics or Latinos, who make up 16.9% of the U.S. population, had a national unemployment rate of 7.3%, according to the BLS data.
The unemployment rate for teen workers, those 16 to 19 years old, was 19.1% in April, down slightly from 20.9% in March, according to the BLS.
White Unemployment: 5.3% -- Black Unemployment: 11.6% | CNS News