Saturday, October 6, 2012

Biggest Drops in Unemployment for Teenagers, Blacks, and Asians

8:46 AM, Oct 5, 2012 • By DANIEL HALPER
The Bureau of Labor Statistics reports that the unemployment rate has decreased to 7.8 percent. The biggest drops in unemployment, from the report on August to the report just released on September, is among teenagers, blacks, and Asians.
"Among the major worker groups, the unemployment rates for adult men (7.3 percent), adult women (7.0 percent), and whites (7.0 percent) declined over the month. The unemployment rates for teenagers (23.7 percent), blacks (13.4 percent), and Hispanics (9.9 percent) were little changed. The jobless rate for Asians, at 4.8 percent (not seasonally adjusted), fell over the year," reports the Bureau of Labor Statistics on the September unemployment situation.
Compare those numbers with the numbers provided by the Bureau of Labor Statistics for August: "Among the major worker groups, the unemployment rates for adult men (7.6 percent), adult women (7.3 percent), teenagers (24.6 percent), whites (7.2 percent), blacks (14.1 percent), and Hispanics (10.2 percent) showed little or no change in August. The jobless rate for Asians was 5.9 percent (not seasonally adjusted), little changed from a year earlier."

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