The View From 1776

ObamaCare Costs

The latest reported uptick in employment is deceptive, because the total number of hours worked declined, even as the number of workers employed rose.

Retail Workweek Hits 3-Year Low In ObamaCare Shift
By Jed Graham, Investor’s Business Daily

1. all figures not seasonally adjusted:
   U-1: 4.3%
   U-3: 8.5%
   U-4: 9%
   U-5: 9.9%
   U-6: 15.4%
   
   men: 9%
   temps: 4.9%
   full-time: 9%
   part-time 6.6%
   
   4% UR for Management occupations
   3.9% UR for Management, professional, and related occupations
   3.8% UR for Professional and related occupations
   10% UR for Service occupations
   10.4% UR for Production occupations
   
   3.246M unemployed less than 5 weeks
   3.316M unemployed 5-14 weeks
   1.854M unemployed 15-26 weeks
   4.764M unemployed 27+ weeks
   
   33.6 weeks average duration of unemployment
   14.7 weeks median duration of unemployment
   
   72.8% employment/population 25+ with at least bachelor's
   57.9% employment/population all
   63.4% employment/population men
   52.7% employment/population women
   52.7% employment/population blacks
   60.8% employment/population foreign-born
   57.3% employment/population native
   
   69.7% labor force participation rate men
   63.3% labor force participation rate all
   
   244.663M civilian, non-institutionalized population 16 and older
   89.868M not in labor force
   154.794M civilian labor force
   141.614M employed
   13.181M unemployed actively seeking work
   
   2.155M employed in information industries
   $983.11 average weekly pay in info industries
   35.3 weekly hours worked in info industries
   
   228.1K employed as production workers in software publishing
   
   Some of these (including this last) have had the historical data for the last couple years significantly revised by BLS.
   
   graphs:
   http://www.kermitrose.com/jgoEconData.html
   Posted by .(JavaScript must be enabled to view this email address)  on  02/07  at  01:50 PM