Real Unemployment Numbers for December 2013

January 10, 2014 in From the Director, Homepage by Rick Sloan

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The official Bureau of Labor Statistics (BLS) unemployment rate fell to 6.7% from November’s figure of 7.0%, with the decline almost entirely the result of people leaving the workforce. They state that as of December 31, 2013 (based on a separate monthly survey of households, there were on 10.4 million unemployed persons.

However, the BLS does not include among unemployed persons workers who are either marginally-attached workers or are underemployed.

If included the summary of Real Unemployment for December 2013:

The number of Real Unemployed Persons decreased by 111,000 to 20.6 million

The Real Unemployment Rate decreased by 0.1% to 13.1%.

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