Friday, January 04, 2013

U6 Unemployment Rate Holds at 14.4%, Employment to Population Falls to 58.6%

More great news from Obamaville.
The Bureau of Labor Statistics (BLS) released their monthly jobs report. Now for the BLS Boogie. Nonfarm payrolls rose by 155,000 workers last month following a revised 161,000 advance in November that was greater than initially estimated.
The unemployment rate printed at 7.8% which is up from 7.7% in November but the same as the UPWARDLY REVISED print of 7.8%. U6 partial unemployment printed at 14.4%.

 Labor force participation remained at 63.6%.

And the civilian employment to population ratio fell to 58.6...

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