Email
Password
Remember meForgot password?
    Log in with Twitter

article imageU.S. Bureau of Labor reports 202,000 government jobs lost in July

By RJ Young     Aug 6, 2010 in Business
Washington - The United States unemployment rate remains stagnate at 9.5 percent, but July saw 202,000 government jobs cut with only 71,000 new jobs created by the private sector.
Nearly 143,000 of the 202,000 jobs created by the government were apart of the United States Census Bureau's 2010 Census Jobs project which was meant to employ workers only temporarily. The bulk of those workers finished their work last month and are again looking for employment.
The United States Department of Labor puts the country's number of unemployed persons at 14.6 million gauging the rate of unemployed men at 9.7 percent, women at 7.9 percent and blacks remain the highest unemployed ethnic group in the U.S.A. at 15.6 percent.
Commissioner Keith Hall of the U.S. Bureau of Labor Statistics issued a statement on the department of labor's July findings earlier today. The rate has declined from 9.9 percent in April, reflecting decreasing labor force participation. The participation rate had risen during the first 4 months of this year, to 65.2 percent in April, but has now returned to 64.6 percent, its December 2009 level. Among the employed, the number of individuals working part time who preferred full-time work was nearly unchanged over the month at 8.5 million. Since April, the number of such workers has declined by 623,000. However, the level remains 3.9 million above that of December 2007 when the recession began.
The number of long term unemployed persons is defined as those who have not held jobs in at least 27 consecutive weeks. That number is now 6.6 million and those individuals make up 44.9 percent of all unemployed persons.
Industries that did see an increase in employment levels include manufacturing which climbed to 36,000 more jobs, health care which added 27,000 more jobs and transportation and warehousing added 12,000 more jobs and mining employment rose by a modest 7,000 jobs in the month of July.
In all the private sector has accounted for 630,000 more jobs since January 2010.
Over the year hourly wages have increased by a 1.8 percent up to $22.59 since on average in July 2010. The average work week also increased 0.1 hours over the course of July to 40.1 hours a week on average.
The message the U.S. Department of Labor has conveyed most about it's analysis of the current job market and unemployment rate is that these numbers are largely "unchanged" from previous months.
Andrew Stettner is the deputy director of the National Employment Law Project. He spoke to The New York Times about the U.S. economy's slow rate of recovery. “In an economy where the private sector isn’t hiring, it’s natural to look for government to pick up employment,” said Stettner. “There are a lot of positive things that government does and could do with more bodies, but the opposite thing is happening.”
More about Business, Economy, Politics
More news from
Latest News
Top News