Meltdown 101: A deep dive into the unemployment report sheds light on the nation’s challenges
By Martin Crutsinger, Gaea News NetworkSaturday, May 9, 2009
Meltdown 101: Unemployment report, by the numbers
WASHINGTON — April saw the fewest job layoffs in six months, but that fact was no comfort to workers who were laid off or to the millions who have lost jobs during this recession.
And that’s only part of the story. A deep dive into the latest employment report offers a fuller picture of the nation’s challenging and complex jobs situation.
Here are some other details that can be found in Friday’s employment report, by the numbers.
MONTH-BY-MONTH TOTALS
13.7 million: People unemployed in April 2009, the most ever in records dating to 1948
13.2 million: People unemployed in March 2009
12.1 million: People unemployed in December 1982, record before the current recession, although labor force was smaller back then
THE RATE
8.9 percent: The rate in April 2009
9.2 percent: The rate in September 1983, the last time the unemployment rate was higher
4.4 percent: The lowest rate during the last expansion, a level last reached in March 2007
10.8 percent: The rate in December 1982, the highest unemployment rate in past six decades
15.8 percent: The unemployment rate in April 2009 if you include laid-off workers who have given up looking for new jobs or who have settled for part-time work — the highest such rate on records that go back to 1994
THE RATE, GROUP BY GROUP
8.5 percent: Adult men
6.4 percent: Adult women
6.6 percent: Asians
8.0 percent: Whites
11.3 percent: Hispanics
15 percent: Blacks
21.5 percent: Teenagers
TOTAL JOBS LOST
5.7 million: Net payroll jobs lost since the recession began in December 2007
539,000: Jobs lost in April
699,000: Jobs lost in March
681,000: Jobs lost in February
741,000: Jobs lost in January
GLIMMER OF HOPE
66,000: Increase in the number of federal government workers in April
63,000: Increase in federal jobs in April attributed to hiring temporary Census workers
1.4 million: Number of workers Census expects to hire by fall 2009
WHO’S SURVEYED
60,000: Number of households interviewed in the monthly Census Bureau survey from which the unemployment rate is derived
160,000: Number of businesses and government agencies included in the survey from which payroll gains and losses are derived
Tags: Fact, Lost, Personnel, Recession, Recessions And Depressions, Us-meltdown-101-unemployment-by-the-numbers, Washington