BLS: Unemployment Dips to 9.4 percent, 103,000 Jobs Added
01/07/2011
The work force now counts 14.5 million unemployed people, a decrease of 556,000. The number of temporary workers and those who lost their jobs also decreased by 548,000 to 8.9 million.
However, the number of long-term unemployed people, those who have been out of work for at least 27 weeks, did not significantly change, remaining at 6.4 million and representing 44.3 percent of the unemployed pool. The number of people employed part-time for economic reasons also did not change, remaining at 8.9 million.
The number of discouraged workers has also increased significantly since December 2009. There were 1.3 million discouraged workers in December 2010, an increase of 389,000 persons from the previous year. These people have stopped looking for work because they believe there are no jobs available for them.
The manufacturing sector saw a slight uptick in employment, with 10,000 jobs added. But that figure is not sufficient to reverse cumulative losses during the recession. The leisure and hospitality industry added the most positions, with 47,000 new workers in December.
Project Announcements
AESC Expands Florence, South Carolina, Operations
03/28/2024
Alticor Expands Ada Township, Michigan, Operations
03/27/2024
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Industry in the Era of the Electron
Q1 2024