Facts and Figures

Employment and Unemployment

Fri. December 04, 2015

November 2015 

Total nonfarm payroll employment increased by 211,000.  Job gains occurred in construction, professional and technical services, and health care.  Mining and information lost jobs.

The unemployment rate is a broad, though somewhat crude measure of how workers are faring in the economy. It does not count discouraged workers, nor does it measure under-employment (for example, workers who want a full-time job but can only find part-time work). Making these adjustments would bring the measured unemployment rate up to 10.8%. But even an adjusted unemployment rate says nothing about the quality of jobs in the economy. This last point is particularly important to keep in mind, given the growth of non-standard (temporary and/or contingent) jobs in the U.S. economy.

 

This Month

Last Month

Change

Number Employed
149.364 million
149.120 million
0.24 million
Number Unemployed
7.937 million 7.908 million -0.03 million
Unemployment Rate
5.0% 5.0%

-0.0%


Overall Unemployment Rate                                        
5.0%
Whites
4.3%
African-Americans
9.4%
Latinos
6.4%
Asians
3.9%
Women
4.6%
Men
  4.7% 
Teenagers
15.7%

Multiple Jobholders                             
7.596 million - (or 5.1% of those employed)

 

Source: U.S. Department of Labor, Bureau of Labor Statistics, The Employment Situation.

 

Updated 12/4/2015 by IAM&AW Strategic Resources Department