Unemployment at 8.1 percent in April

Posted on 04 May 2012

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An estimated 115,000 jobs were added in April and the unemployment rate was little changed at 8.1 percent, the U.S. Bureau of Labor Statistics reported today.

Employment increased in professional and business services, retail trade and health care, but declined in transportation and warehousing.

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed, at 5.1 million in April. These people made up 41.3 percent of the unemployed. During the year, the number of long-term unemployed has fallen by 759,000.

The number of people employed part time for economic reasons was essentially unchanged in April, at 7.9 million.

In April, 2.4 million people were marginally attached to the labor force, essentially unchanged from a year earlier. These people were not in the labor force, wanted and were available for work and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the four weeks preceding the survey.

Click here for the full report.

Comments

2 Friday, 04 May 2012 16:42

By tigerpilot

More fake numbers from Washington. Perceiving that people don't want to work because they have gone off the end of unemployment payments is faulty reasoning. The marine industry is on life support as evidenced with the bankruptcy filing by a large manufacturer last week. Honesty in labor statistics has never been the providence of wither major political party.

1 Friday, 04 May 2012 15:56

By efishnsea

The Obama admin. continues to "cook the books" with phony numbers that fail to properly represent the loss of jobs. The workforce continues to contract as frustrated workers give up looking for work - resulting in the REAL # of 15+% unemployed able-bodied citizens. And the drop in the published unemployment rate is caused by the exodus of workers no longer trying to get a job. My 35 year-old business will fail if we have to endure another 4 years of Obananomics.

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