Friday, January 4, 2013

Unemployment rate for December 2012 at 7.8%, U6 at 14.4%

Credit: Calculated Risk
Fresh electrons from the Bureau of Labor Statistics: the national unemployment rate for December 2012 was 7.8% and the broader U6 rate is 14.4%. The national unemployment rate for November 2012 was revised up by 0.1% to 7.8%. Both rates for December are the same for the current November values.

155,000 non-farm payroll jobs were created; the number of long-term (more than 6 months) unemployed "was essentially unchanged at 4.8 million and accounted for 39.1 percent of the unemployed."

Chemical manufacturing employment is up 4,300 positions to 799,600 employed.

Thanks, as usual, to Calculated Risk for the graph. 

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