Small Improvement on Jobs

Dec. 6.  The government released its jobs numbers today.  E-pop, the number of those with jobs as a percent of the population, went back to 58.6% the same as it was two months ago (before the partial government shut-down).  It’s still far below the 63 and 64 per cent numbers before the Great Recession.  The “participation rate” went up a couple of clicks, also though it did not catch up to where it was in September.   The cartoonist Ted Rall did a fine cartoon about the decline in recent years of the participation rate.

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 4.1 million in November.

E-pop for whites is 59.3.  E-pop for Blacks is 53.0.   For both blacks and whites the number is almost a half percent less than last year.

For what it’s worth the official unemployment rate for whites is 6.2%.  For blacks it’s 12.5%.  As I’ve said many times before I don’t think the “official” rate shows how bad unemployment is, but the fact that the black rate remains double the white rate is scandalous.  (and listen to a comment about that at


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