FINAL JOBS REPORT STATISTICS

Latest unemployment statistics before the election, provided by the Bureau of Labor:

 Unemployment rate for blacks increased to 14.3 percent.

 Long term unemployed (27 weeks or more) was little changed at 5.0 million (40.6 percent of the unemployed.

 

Civilian labor force grew by 578,000 to 1555.6 million.

Labor for participation rate edged up to 63.8 percent.

Total employment rose by 410,000.

FULL ARTICLE: FINAL JOBS REPORT 

The Unemployment Benefit Application

In an article of the Washington Post, it discusses the unemployment rate is rising in the United States, leading to another .1% in the unemployment ratings.  With people unskilled, they are mostly dependent on unemployment benefit applications rather then looking for a job themselves.  As America is focused more on jobs, people of the unemployment demographic are seeking unemployment benefits and many private employers are expanding their options to creating jobs in our country.  Although with a slight increase in creating jobs, there is still a larger demographic problem concerning this issue: People seek more unemployment benefits then just looking for jobs