Overall Current US Economy Situation The function Situation Feb 2009 Feb 2011 According to information from U.S. Bureau of Labor Statistics, the attribute of unemployed persons (13.7 billion) and the unemployment rate (8.9 percent) changed little in February. The compass lastingness was ab egress unvarying over the month. The jobless rate was head start off by 0.9 percentage point since November 2010. The way out of job losers and persons who consummate temporary jobs, at 8.3 zillion, continued to vogue down in February and has fallen by 1.2 million over the past 12months. The emergence of long-term unemployed (those jobless for 27 weeks or much was 6.0 million and accounted for 43.9 percent of the unemployed. Both the civil labor imbibe participation rate, at 64.2 percent, and the employment-population ratio, at 58.4 percent, were unchanged in February. The number of persons employed part time for economical reasons (sometimes referred to as autom atic part-time workers) was essentially unchanged at 8.3 million in February. These individuals were working part time because their hours had been cutback or because they were unable to realize a full-time job. In February, 2.
7 million persons were marginally prone to the labor force, up from 2.5 million a stratum earlier. (These selective information 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 unemployed because they had not searched for work in the 4 weeks preceding the survey. Among the marginally attached! , at that place were 1.0 million discouraged workers in February, a decrease of 184,000 from a year earlier. (These data are not seasonally adjusted.) reject workers are persons not currently looking for work because they cogitate no jobs...If you want to get a full essay, prescribe it on our website:
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