(See table 10.) Federal government websites often end in .gov or .mil. Updated population controls are introduced annually with the release of January data. In 2016, 16.2 million people, or 6.4 percent of the population 16 years and older, changed their labor force status in an average month. Source: 2016 annual averages, Current Population Survey, U.S. Bureau of Labor Statistics Unemployment rate by age and sex View text version of the Unemployment rate by age and sex In contrast to 2015, when employment growth was more concentrated among adult women, 2016 saw larger employment employment gains for adult men. However, even among those ages 16 to 64 years, people with a disability had much lower labor force participation rates than those with no disability. Employment grew among all the major race and ethnicity groups over the year. Evan Cunningham is an economist in the Division of Labor Force Statistics, Office of Employment and Unemployment Statistics, U.S. Bureau of Labor Statistics. (1) Data for Asians are not seasonally adjusted. Of the 20.8 million veterans in the civilian noninstitutional population in the fourth quarter of 2016, those who served during World War II, the Korean War, and the Vietnam era accounted for the largest share (8.3 million). The employment–population ratio for all people 16 years and older increased between the fourth quarter of 2015 and the first quarter of 2016, but then held fairly steady through 2016. The result is: 9.71 %. While the increases in earnings for all these groups outpaced inflation, Blacks saw the largest over-the-year increase in percentage terms—5.8 percent—after essentially no earnings growth in 2015. Both measures have shown little movement since August 2015. Both the number of unemployed people and the unemployment rate were down over the year. Before sharing sensitive information, In 2016, median weekly earnings for men increased by 2.2 percent, to $915, while women’s earnings increased by 3.2 percent, to $749. The reference periods for the surveys also differ. Earnings of workers whose highest level of education was a high school diploma rose by 2.1 percent (to $692), while earnings for workers with some college or an associate’s degree increased by 2.2 percent (to $779). Overall, 49.4 percent of male veterans were in the labor force in the fourth quarter of 2016, compared with 74.7 percent of their male nonveteran counterparts. Table 1. (See figure 6.). Over the year, the number of employed adult men rose by 1.3 million, to 78.3 million, and the number of employed adult women rose by 929,000, to 68.7 million. (See table 1 and figure 7.). Federal government websites often end in .gov or .mil. (4) Includes those who did not actively look for work in the prior 4 weeks because of school or family responsibilities, ill health, transportation problems, or other reasons not identified separately in the survey. As we can see from the above chart current levels are considerably below the best levels seen in 2007. These individuals had searched for work sometime in the previous year and were available for work had a job been offered to them. The The rate for Asians declined by 0.8 percentage point, to 3.0 percent in the fourth quarter, and the jobless rate for Hispanics fell by 0.5 percentage point, to 5.8 percent.2 In contrast, the unemployment rate for Whites, at 4.3 percent, was little changed from a year earlier. https:// ensures that you are connecting to the official website and that any These individuals were not counted as unemployed because they had not actively searched for work in the 4 weeks preceding the survey. People who do not currently want a job(1), People marginally attached to the labor force(2), Other people marginally attached to the labor force(4). Employment, by occupational group and gender, quarterly averages, not seasonally adjusted, 2015–16 (in thousands), Table 6. In 2016, median weekly earnings for workers with a bachelor’s degree or higher ($1,259) were up 2.4 percent from a year earlier. Here is how you know. 12 For further information, see Vernon Brundage, “Trends in unemployment and other labor market difficulties,” Beyond the Numbers (U.S. Bureau of Labor Statistics, November 2014), https://www.bls.gov/opub/btn/volume-3/pdf/trends-in-unemployment-and-other-labor-market-difficulties.pdf; and Steven E. Haugen, “Measures of labor underutilization from the Current Population Survey,” Working Paper 424 (U.S. Bureau of Labor Statistics, March 2009), https://www.bls.gov/osmr/research-papers/2009/pdf/ec090020.pdf. The number of employed Whites rose by 1.1 million over the year, to reach 119.3 million in the fourth quarter of 2016. Employment status of the civilian noninstitutional population, by gender, age, and disability status, quarterly averages, not seasonally adjusted, 2015–16 (levels in thousands), Division of Information and Marketing Services, www.bls.gov/web/empsit/ces_cps_trends.htm, https://www.bls.gov/cps/population-control-adjustments-2016.pdf, https://www.bls.gov/opub/ils/pdf/opbils87.pdf, https://www.bls.gov/opub/mlr/2012/03/art3full.pdf, https://www.bls.gov/opub/ils/pdf/opbils89.pdf, https://www.bls.gov/opub/ils/pdf/opbils85.pdf, https://www.bls.gov/opub/mlr/2009/04/art1full.pdf, https://www.bls.gov/opub/ils/pdf/opbils71.pdf, https://www.bls.gov/opub/btn/volume-4/people-who-are-not-in-the-labor-force-why-arent-they-working.htm, https://www.bls.gov/opub/btn/volume-3/pdf/trends-in-unemployment-and-other-labor-market-difficulties.pdf, https://www.bls.gov/osmr/research-papers/2009/pdf/ec090020.pdf, Occupational employment projections to 2024, Continued improvement in U.S. labor market in 2014, The increased supply of underutilized labor from 2006 to 2014. The employment–population ratio for all people age 16 and older held fairly steady in 2016, at 59.7 percent, after rising between the fourth quarter of 2015 and the first quarter of 2016. Source: Bureau of Labor Statistics Another 4.0 million veterans served during Gulf War era II, 3.3 million served during Gulf War era I, and 5.1 million served outside of these designated periods. This number represents 16.8 percent of the total unemployed in the fourth quarter of 2016, the lowest proportion since the second quarter of 2009 (14.2 percent). Median weekly earnings of full-time wage and salary workers rose by 2.8 percent in 2016, to $832, outpacing the over-the-year change in the Consumer Price Index for All Urban Consumers (CPI-U), which was 1.3 percent.13 (See table 7; the data in this section are annual averages.) ), Management, professional, and related occupations, Management, business, and financial operations occupations, Food preparation and serving related occupations, Building and grounds cleaning and maintenance occupations, Office and administrative support occupations, Natural resources, construction, and maintenance occupations, Farming, fishing, and forestry occupations, Installation, maintenance, and repair occupations, Production, transportation, and material moving occupations, Transportation and material moving occupations, Despite some relief in recent years, the proportion of people unemployed for long periods of time remained high by historical standards. The Labor Department figures showed that the rate fell to 3.5% in September from 3.7%, with the economy adding 136,000 jobs last month. The CES survey is a survey of employers that provides a measure of the number of payroll jobs in nonfarm industries. Note: The foreign born are those residing in the United States who were not U.S. citizens at birth. Because pay periods vary in length across employers and may be longer than 1 week, the CES employment estimates can reflect longer reference periods. In the fourth quarter of 2016, the foreign born accounted for 17.0 percent of the U.S. civilian labor force. Normally, this would merit a celebration. For example, following the end of the 2001 recession, CPS employment began to trend upward while CES employment continued to decline for a number of months. Note: Race and Hispanic ethnicity totals do not sum to overall total for people 16 years and older because data are not presented for all races and because people of Hispanic ethnicity may be of any race and are also included in the race groups. Both the labor force participation rate, at 62.9 percent, and the employmentâpopulation ratio, at 59.8 percent, changed little over the month. Among the major demographic groups, Blacks, in line with a recent trend, continued their noteworthy employment growth, which was also reflected in an increase in the group’s employment–population ratio. The employment–population ratio is the proportion of the civilian noninstitutional population that is employed. The unemployment rate for those with less than a high school diploma edged up 0.7 percentage point, to 7.7 percent by the end of the year. Occupational employment projections to 2024, Monthly Labor Review, December 2015. The rate of labor market “churn”âthe proportion of people changing their labor force statusâhit its lowest point since the series began in 1990. March 2017, https://doi.org/10.21916/mlr.2017.11. In the fourth quarter of 2016, the jobless rates for adult men (4.4 percent) and adult women (4.3 percent) were both down over the year, while the rate for teenagers (16 to 19 years of age) was little changed, at 15.2 percent. The total number of self-employed workers increased by 406,000 in 2016.8 In the fourth quarter, 15.4 million workers (not seasonally adjusted) were self-employed. State unemployment rates can be found here. The unemployment rate, which is calculated from a different survey, fell to 4.9% from 5%, the Labor Department said Friday. The rate for female veterans was also little changed, at 5.3 percent. The likelihood of the unemployed remaining unemployed from one month to the next was the lowest since May 2007, when the rate was 48.2 percent. Of all self-employed people, 9.6 million, or about two-thirds, owned unincorporated businesses, while the remaining 5.8 million owned incorporated businesses. Although much lower than the historical high of 45.1 percent in the second quarter of 2010, the proportion of long-term unemployed was still notably higher than the prerecession figure of 17.8 percent in the third quarter of 2007.5 (See table 4 and figure 4. The number of unemployed reentrants into the labor force continued to decline, falling by 175,000 over the year and reaching 2.3 million in the fourth quarter. Veterans could have served anywhere in the world during these periods of service: Gulf War era II (September 2001–present), Gulf War era I (August 1990–August 2001), Vietnam era (August 1964–April 1975), Korean War (July 1950–January 1955), World War II (December 1941–December 1946), and other service periods. As a result, employment estimates from the CPS are higher than those from the CES survey. The unemployment rate, at 5.0 percent, and the number of … Slack work accounted for about three-fifths of people employed part time for economic reasons in 2016. However, from then, the number of Americans who were unemployed deflated over the period wherein they went down to less than 5.5% from 1997 and end at a 5% rate in the final year. Unemployment rates can be a good gauge for how the economy is performing in a particular region. Veterans who served during one of the selected wartime periods and another period are classified only in the wartime period. In the fourth quarter of 2016, 95.1 million people were not in the labor force (not seasonally adjusted), an increase of 692,000 from the previous year. Employment rose during the year, and the civilian labor force participation rate was little changed. No claims are made regarding theaccuracy of Unemployment rate (%) 2016 information contained here. The number of unemployed persons surged by 1.77 thousand to 3.81 million, while the number of employed dropped by 2.70 thousand to 39.84 million. The labor force participation rate for native-born men increased by 0.4 percentage point, to 67.2 percent in the fourth quarter of 2016, but continued to be lower than the rate for foreign-born men, which declined 0.9 percentage point, to 77.3 percent. These data are from the Current Population Survey and are seasonally adjusted. Employment status of the civilian noninstitutional population 25 years and older, by educational attainment, quarterly averages, seasonally adjusted, 2015–16 (levels in thousands), Table 3. In 2016, jobless rates varied across the major occupation groups.3 The rate continued to be lowest in the management, professional, and related occupations, although it edged up to 2.3 percent from 2.1 percent in 2015. Before the start of the last recession, the rate was 26.9 percent. An official website of the United States government The labor force participation rateâthe proportion of the civilian noninstitutional population 16 years and older that is working or looking for workâhad previously been trending downward. The number of employed people grew by 2.5 million in 2016, reaching 152 million in the fourth quarter. Employment expansion continues at a slower pace, Monthly Labor Review, coming April 2017. That is, they were born outside the United States or one of its outlying areas, such as Puerto Rico or Guam, to parents neither of whom was a U.S. citizen. Historically, the US Unemployment Rate reached as high as 10.80% in 1982 and 9.9% in November of 2009. (See table 1.). Those in the latter category do not expect to be recalled; they are further categorized as either permanent job losers or people who have completed temporary jobs. U.S. unemployment rate for 2017 was 4.36%, a 0.51% decline from 2016. The number of these individuals was little changed over the year. Of those not in the labor force, about 40 percent were 65 years and older. The real unemployment rate dipped from 12.0% to 11.7% in December. Unemployment rates by selected characteristics, September 2006âSeptember 2016, Charts related to the latest âThe Employment Situationâ news release, Nonfarm employment of women increased 2.3 percent over the year ending September 2016, https://www.bls.gov/opub/ted/2016/unemployment-rate-little-changed-in-september-2016.htm, Occupational Employment and Wages in Metro and Nonmetro Areas, Using BLS Data to Match People with Disabilities with Jobs, How Women and Aging Affect Trends in Labor Force Growth. https:// ensures that you are connecting to the official website and that any make sure you're on a federal government site. Independent of disability status, people 65 years and older tend to participate in the labor force at lower rates. Employment among Blacks rose by 551,000 over the year, to 18.2 million. The seasonally-adjusted national unemployment rate is measured on a monthly basis in the United States. “In November, the unemployment rate decreased by 0.3 percentage point to 4.6 percent,and the number of unemployed persons declined by 387,000 to 7.4 million. information you provide is encrypted and transmitted securely. The employment–population ratios for Hispanics and Asians edged up over the year, to 61.9 percent and 61.2 percent, respectively. Total unemployment declined by 353,000, to 7.6 million, in 2016. This measure refers to the duration of the current spell of unemployment rather than to the duration of a completed spell. Asian employment also rose in 2016, accounting for about one-fourth of total employment growth. Employment (as measured by the CPS, or household survey) grew at about the same pace in 2016 as it did in 2015. The Bureau of Labor Statistics (BLS) produces two monthly employment series independently obtained: the estimate of total nonfarm jobs, derived from the Current Employment Statistics (CES) survey, also called the establishment or payroll survey; and the estimate of total civilian employment, based on the Current Population Survey (CPS), also called the household survey. Women’s earnings as a proportion of men’s earnings increased by 0.8 percentage point, to 81.9 percent in 2016, partially offsetting a 1.4-percentage-point decline in 2015. The number of people employed part time for economic reasons declined to 5.7 million in 2016. In the CPS, the reference period is generally the calendar week that includes the 12th day of the month. Ranking of the country (United States) at the global level is (from the highest to the lowest data) : 80 / 109 See the entire classification United States : 36 records since 1980 , the average of these recordings : 6.42 % The highest data : 1982 is the highest year for the indicator : Unemployment (%). Among those not in the labor force who currently wanted a job, the number who were marginally attached to the labor force, 1.8 million in the fourth quarter of 2016, was essentially the same as that a year earlier.
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