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Wednesday, October 26, 2011

Unemployment Rate? Unemployment Numbers?

Here's a quick list of the current unemployment rate and other unemployment numbers:

Unemployment rate as of September 2011:  9.1%
Alternate U-6 unemployment rate as of September 2011:  16.5%
Molly's alternate unemployment rate as of September 2011:  18.4%
All numbers as of  September 2011 unless otherwise indicated:

Number of people unemployed (officially) :  13,992,000


Number of people who "want a job" but haven't looked recently:   6,241,000   
Number of officially discouraged workers (a subset of those who "want a job"):  1,037,000 
Number of people working part-time who want full-time work:  9,270,000
Total number of people who want work or want full-time work:  29,503,000         

Number of people hired in August 2011 (last month for which these figures are available):  

4,014,000
Number of people fired or discharged in August 2011 (last available month):  1,659,000
Number of job openings reported as of August 2011 (last available month):  3,056,000

Number of "officially" unemployed people for every job opening:  4.6    
Number of people who want work or want a full-time job for every job opening:  9.7  

Number of people estimated to be in the U.S. population, all ages and situations:  312,501,124 (Census #)
Number of people in the "civilian non-institutional population" age 16 and over:  240,071,000
Number of people active military:  1,468,364  (DoD pdf)
Number of people who are either younger than 16 or institutionalized:  70,962,000       



Number of people employed:  140,025,000
Number of people employed working full-time:  112,447,000  
Percent of people working full-time of all employed people:  80.3% 

Number of people employed working part-time by choice:  18,308,000
Number of people employed working part-time but who want/need full-time work (same as listed above):  9,270,000
Total number of people working part-time:  27,578,000
Percent of people working part-time of all employed:  19.7%  
Percent of people working part-time involuntarily of all employed:  6.6%   

Number of people officially unemployed (same as listed above):  13,992,000 
Number of people collecting unemployment benefits (all programs) in September:  6,862,000  
Percent of officially unemployed people who get unemployment benefits:  49.0%  

Number of people who want a job but haven't looked recently (same as above):  6,241,000 
Number of people who are NOT working who say that they do NOT want a job (perhaps retired, full-time students, caretaking a child, etc., etc.):  79,813,000

Number of people working (140,025,000) as a percent of the total population minus the military (Total pop minus military is 311,032,760 people):  45.02%

Number of people working full-time as a percent of the total population minus the military:  36.15%        

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