May 2013 Jobs Numbers and Unemployment Rate were released this morning, Friday, June 7th. Reports and detail will be added throughout the day.
Highlights:
Highlights:
- 175,000 new nonfarm payroll jobs (net)
- 178,000 new private sector nonfarm jobs
- Unemployment rate about even at 7.6%. (The unemployment rate actually increased from 7.51% to 7.55%)
- Number of people unemployed increased by 101,000 as 182,000 people re-enter the labor force and start looking for jobs.
- Government lost 3,000 jobs
- Civilian labor force expanded by 420,000
- People employed (includes farm workers and the self-employed) increased by 319,000
- Alternate (U-6) unemployment rate decreased due to decreases in the the number of discouraged workers, the number of marginally-attached workers, and the number of people working part-time because they could not find full-time work.
- The percent of people working full-time has increased over the past year from 80.3% to 80.8%.
Watch this post. As details and reports are published Friday, the following links will be added and updated.
- Private Sector Job Loss/Growth Since 2008 w/ Graph - MAY update
- What Was the Unemployment Rate When Obama Took Office (compared to today)? - MAY 2013 update
- How Many Jobs Created or Lost Under Obama? - MAY 2013 update
- Jobs Lost/Gained Year by Year Since 1999 - MAY update
- Private/Government Jobs Gained/Lost Month by Month 2011 to 2013 - MAY update
- How Many Jobs Have Been Created in 2013 to date? - MAY update
- How Many Government Jobs Lost or Added Under Obama? - MAY update
- Private Payroller ADP Says 135,000 Jobs Added in May 2013
- Private/Govt Jobs Gained/Lost Under Obama - April update (Not yet updated for May)
Other Recent Posts About Employment and the Labor Market:
- How Many People Left the Work Force Since Obama Took Office?
- Yes, 20 million People Did Get Pink Slips in 2012!
- How Many Jobs Lost or Gained in 2013 to date?
- The Unemployment Rate Would Be 11% if Labor Participation Had Not Decreased!
- Who Are Those 90 Million People Not in the Labor Force? (chart included)
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