Summary of U.S. Real Unemployment – April 2013

May 3, 2013 in Homepage, Real Unemployment Numbers, Recent News by latoya
Social Buttons by Linksku - Share links online

The Summary of U.S. Real Unemployment makes these several adjustments and determines the number of Real Unemployed Persons.

In April 2013:

  • The number of Real Unemployed Persons increased by 216,000 to 21.9 million (i.e., the 11.7 mm unemployed persons BLS identified plus the 10.3 mm workers in total who are marginally attached or part-time-of-necessity), specifically as follows:

MAR ’13

  

APR ’13

Variance
BLS unemployed persons

                     11.742

                     11.659

                     (0.083)
Discouraged workers

                       0.803

  

                       0.835

                     0.032
Other marginally attached workers

                       1.523

                       1.512

                     (0.011)
Part-time-of-necessity workers

7.638

7.916

0.278
Real Unemployed Persons

                     21.706

                     21.922

                     0.216

 

  •  The Real Unemployment Rate increased by 0.1% to 13.9%.

 

  • Note #1: The number of Real Unemployed Persons has declined by 4.6 million persons since February 2010 when this number was at its highest at 26.5 million, despite the fact that the adjusted civilian labor force is now 1.5 million persons larger.  In essence, an overall improvement of 6.1 million workers.

 

  • Note #2: In addition to the total 21.9 million Real Unemployed Persons at April 30, there are another 4.0 million persons who, while also saying they want jobs, have, however, not looked for work in the past twelve months.  We exclude these persons from attachment #2; if they are included, then April’s Real Unemployment Rate of 13.9% increases to 16.0%.

 

 

Comments are closed.