Friday, December 23, 2011

One in six U.S. workers jobless or under-employed - Phoenix Business Journal:

callahamirykaan1884.blogspot.com
The reports that in May 16.4 percen of U.S. workers were unemployed or under-employed in part-time, lower-paid positions -- many times in jobs outside of their desires field orpay level. Under-employed workerss are also oftenin part-tim jobs when they would prefef full-time work. May’s unemployed and under-employed rate is the highest since the measure first started being calculated in 1994 bythe U.S. Bureaui of Labor Statistics. It is also up from April’s 15.8 perceng unemployed and under-employed rate and the 13.9 percent rate for Januaryu when Barack Obama took overas U.S. president.
Some economistds like the combination rate, sayinyg it shows not only the out-of-work numbers but also thoser workers who arein part-time jobs when they woulsd prefer full-time hours. The U.S. unemployment rate for May stoodxat 9.4 percent, according to BLS. Arizona’s joblese rate for April (the most recent montyh available) was 7.7 percent, according to the .

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