I ran the numbers comparing January, 2009, to March, 2012:
Jan. 2009:
Civilian labour force: 153,716m
Employed: 142,099m
Unemployed: 11,616m
Not in labour force: 81,023m
Not in the labour force, but who want a job now: 5,682m
Participation Rate: 65.5%
Average Weeks Unemployed: 19.8
Unemployment rate: 7.6%
March 2012
Civilian labour force: 154,707m
Employed: 142,034m
Unemployed: 12,673m
Not in labour force: 87,897m
Not in the labour force, but who want a job now: 6,299m
Participation rate: 63.8%
Average Weeks Unemployed: 39.4
Unemployment rate: 8.2%
Change:
Civilian labour force: + .64%
Employed: - 4.58%
Unemployed: + 8.34%
Not in labour force: + 7.82%
Not in the labour force, but who want a job now: +10.86%
Participation rate: - 2.67%
Average Weeks Unemployed: + 98.99%
Unemployment rate: + 7.31%
Hope. Change. Chronic unemployment.
Jan. 2009:
Civilian labour force: 153,716m
Employed: 142,099m
Unemployed: 11,616m
Not in labour force: 81,023m
Not in the labour force, but who want a job now: 5,682m
Participation Rate: 65.5%
Average Weeks Unemployed: 19.8
Unemployment rate: 7.6%
March 2012
Civilian labour force: 154,707m
Employed: 142,034m
Unemployed: 12,673m
Not in labour force: 87,897m
Not in the labour force, but who want a job now: 6,299m
Participation rate: 63.8%
Average Weeks Unemployed: 39.4
Unemployment rate: 8.2%
Change:
Civilian labour force: + .64%
Employed: - 4.58%
Unemployed: + 8.34%
Not in labour force: + 7.82%
Not in the labour force, but who want a job now: +10.86%
Participation rate: - 2.67%
Average Weeks Unemployed: + 98.99%
Unemployment rate: + 7.31%
Hope. Change. Chronic unemployment.
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