Economy 101: 12 pct of recent vets unemployed
From AP News | 2010-02-05 21:29:58
<div id="subtitle">Economy 101: Recent vets report higher unemployment than non-vets</div><div><p>Veterans of the Afghan and Iraq Wars are more likely to be unemployed than non-veterans, while the foreign-born and disabled are more likely to be jobless than the general population.</p><p>These figures were included for the first time Friday in the Labor Department's monthly employment report. Overall, the report included mildly positive news: the nation's jobless rate fell to 9.7 percent in January from 10 percent.</p><p>For veterans who have served since September 2001, joblessness is higher: 12.6 percent, compared to 10.4 percent for non-vets. Both groups have higher rates than the national total because the figures aren't seasonally adjusted.</p><p>When veterans from all other periods are included, the picture is brighter: the unemployment rate for all vets is 9.6 percent, below the non-vet rate.</p><p>Meanwhile, 15.2 percent of disabled Americans are unemployed, the department said, compared to 10.4 percent of the general population.</p><p>The unemployment rate for foreign-born U.S. residents, meanwhile, is 11.8 percent. That compares to 10.3 percent for native-borne citizens.</p><p>Here, by the numbers, are some more details you can find deep in the employment report.</p><p>___</p><p>CLOSER TO THE PLUS SIGN</p><p>20,000: The net total of jobs lost in January</p><p>150,000: The net total of jobs lost in December</p><p>64,000: The net total of jobs gained in November, the only gain in 25 months</p><p>753,000: Average number of jobs lost each month in the first quarter of 2009</p><p>35,000: Average number lost each month in the past three months</p><p>___</p><p>TOUGH TIMES FOR THE YOUNGEST</p><p>26.4 percent: Unemployment rate for teenagers in January</p><p>15.8 percent: Unemployment rate for those 20 to 24 years old</p><p>___</p><p>STILL LOOKING</p><p>41.2 percent: Proportion of unemployed who've been out of work six months or longer, the highest on records dating to 1948</p><p>30.2 weeks: Average length of unemployment in January, also a record for the same period</p><p>6.3 million: Number of people unemployed for six months or longer, also a record for this period</p><p>1.3 million: Number unemployed for that long in December 2007, when the recession began</p><p>___</p><p>WHERE THE JOBS ARE</p><p>52,000: The number of temporary jobs added in January</p><p>11,000: Jobs added in manufacturing, the first gain since January 2007</p><p>42,100: Jobs added in retail, the largest gain since November 2007</p><p>14,500: Jobs added in hospitals, nursing and other health care sectors</p><p>7,100: Jobs added in computer services</p><p>___</p><p>UNDEREMPLOYED</p><p>8.3 million: Number of part-time workers who would have preferred full-time work last month</p><p>2.5 million: People without jobs who want to work but have stopped looking</p><p>16.5 percent: "Underemployment" rate in January if you include the above two categories</p><p>17.4 percent: Underemployment rate in October, the highest on records dating to 1994</p><p>___</p><p>JANUARY UNEMPLOYMENT RATE BY GROUP</p><p>12.3 percent: Female heads of households</p><p>8.4 percent: Asians</p><p>8.7 percent: Whites</p><p>12.6 percent: Hispanics</p><p>16.5 percent: Blacks</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=68535583&bid=informcom" /></div><div id="copyright"><div>
Copyright 2010 <a href="http://www.ap.org">AP News</a></div></div>
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