In August, (click here) the unemployment rate edged down to 5.1 percent, and the
number of unemployed persons edged down to 8.0 million. Over the year,
the unemployment rate and the number of unemployed persons were down by
1.0 percentage point and1.5 million, respectively. (See table A-1.)
Among the major worker groups, the unemployment rate for whites declined to 4.4 percent in August.The rates for adult men (4.7 percent), adult women (4.7 percent), teenagers (16.9 percent), blacks (9.5 percent), Asians (3.5 percent), and Hispanics (6.6 percent) showed little change in August. (See tables A-1, A-2, and A-3.)
I would guess USA minorities do not have the training to fill current jobs that have openings. There needs to be a jobs bill to train these folks and provide a regular income for them.
Among the major worker groups, the unemployment rate for whites declined to 4.4 percent in August.The rates for adult men (4.7 percent), adult women (4.7 percent), teenagers (16.9 percent), blacks (9.5 percent), Asians (3.5 percent), and Hispanics (6.6 percent) showed little change in August. (See tables A-1, A-2, and A-3.)
I would guess USA minorities do not have the training to fill current jobs that have openings. There needs to be a jobs bill to train these folks and provide a regular income for them.
The number of persons unemployed for less than 5 weeks decreased by 393,000 to 2.1 million in August. The number of long-term
unemployed (those jobless for 27 weeks or more) held at 2.2 million in
August and accounted for 27.7 percent of the unemployed. Over the past
12 months, the number of long-term unemployed is down by 779,000. (See
table A-12.)
In August, the civilian labor force participation rate was 62.6 percent for the third consecutive month. The employment-population ratio, at 59.4 percent, was about unchanged in August and has shown little movement thus far this year. (See table A-1.)
The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in August at 6.5 million. 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.)
The long term unemployment numbers haven't changed because there is enough job training. These folks are unable to fill the positions that are open with an unemployment rate of 5.1.
The idea that two years of college/community college is free is a solid way of opening opportunity leading to employment.
The opportunity to attend college for two years free leading to a job would be helpful to those only employed in part time employment.
...Among the marginally attached, there were 624,000 discouraged workers in August, down by 151,000 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 1.2 million persons marginally attached to the labor force in August had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16)....
They either don't have a skill set that will employ them or they need experience. These folks need to be able to access career councilors at local community colleges for advice and a clear direction forward to work.
During this speech, but not on this video, Vice President Biden noticed there were a larger number of freshmen in the room.
Vice President Biden also proposes a way of paying for two years of free college.
In August, the civilian labor force participation rate was 62.6 percent for the third consecutive month. The employment-population ratio, at 59.4 percent, was about unchanged in August and has shown little movement thus far this year. (See table A-1.)
The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in August at 6.5 million. 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.)
The long term unemployment numbers haven't changed because there is enough job training. These folks are unable to fill the positions that are open with an unemployment rate of 5.1.
The idea that two years of college/community college is free is a solid way of opening opportunity leading to employment.
The opportunity to attend college for two years free leading to a job would be helpful to those only employed in part time employment.
...Among the marginally attached, there were 624,000 discouraged workers in August, down by 151,000 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 1.2 million persons marginally attached to the labor force in August had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16)....
They either don't have a skill set that will employ them or they need experience. These folks need to be able to access career councilors at local community colleges for advice and a clear direction forward to work.
During this speech, but not on this video, Vice President Biden noticed there were a larger number of freshmen in the room.
Vice President Biden also proposes a way of paying for two years of free college.
