Friday, December 3, 2010

Jobs Situation? Bleak. And the Democrats? Weak = Jobs: Is It Really This Bad? = Canada's Unemployment Rate Falls to 7.6%, Lowest in 2 Years

[mEDITate-OR:
assume that all sectors of the economy are the same...
they are not.

The 1st and 2nd charts provide only the most basic U-3 data
the 3rd also provides the higher U-6 data

The 4th & 5th tables provide U.S. with a more detailed look at WHO and WHERE the changes are.

The news article below is from the McClasky Group, and is much better than the generic AP, AFP and Reuters stories.
----------
JOBLESS WEEK
-----------
novjobs.jpg
-----------
-----------
------

NOVEMBER BY THE NUMBERS:
Retail, down 28,100
Trade, transportation and utilities, down 13,000
Manufacturing, down 13,000
Government, down 11,000
Financial services, down 9,000
Construction, down 5,000
Leisure and hospitality, up 11,000
Health care, up 19,000
Temporary help services, up 39,500
Professional and business services, up 53,000
--------------
 UNEMPLOYMENT RATE BY GROUP:
(Numbers in percentages) Nov. Oct. 
White: 8.9 8.8 
Black: 16 15.7 
Hispanic: 13.2 12.6 
Asian (not seasonally adjusted): 7.6 7.1 
Adult men: 10 9.7 
Adult women: 8.4 8.1 
Teenagers: 24.6 27.1 
20-24 years old: 15.9 15.2 
25-54 years old: 8.8 8.5 
55 and over: 7.3 7.3 
No high school diploma: 15.7 15.3 
High school graduates: 10 10.1 
Some college: 8.7 8.5 
College graduates: 5.1 4.7
DURATION OF UNEMPLOYMENT:
Average length (weeks): 33.8 33.9 
Jobless 6 months or more (pct.): 41.9 41.8
JOB CHANGES BY SECTOR:
(number of jobs) 
Private employers: 50,000 160,000 
Manufacturing: -13,000 -11,000 
Retail: -28,100 13,000 
Financial services: -9,000 0 
Education and health care: 30,000 64,000 
Temporary help: 39,500 34,700 
Restaurants and bars: 11,200 12,800 
Construction: -5,000 3,000
========
Unemployment rises to 9.8%
==========

No comments:

Post a Comment