Unemployment still at 9.1 percent - Trade Only Today

Unemployment still at 9.1 percent

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The unemployment rate was unchanged in August, standing at 9.1 percent, as employers added a net of zero jobs, the U.S. Bureau of Labor Statistics reported today.

Employment in most major industries changed little during the month. Health care continued to add jobs, and a decline in information employment reflected a strike. Government employment continued to trend downward despite the return of workers from a partial government shutdown in Minnesota.

The number of unemployed people - 14 million - was essentially unchanged in August. The jobless rate has shown little change since April.

The number of long-term unemployed (those jobless for 27 weeks and longer) was nearly unchanged, at 6 million in August, and it accounted for 42.9 percent of the unemployed.

About 2.6 million people were marginally attached to the labor force in August, up from 2.4 million a year earlier. Those people were not in the labor force, wanted and were available for work and had looked for a job some time in the prior 12 months.

They were not counted as unemployed because they had not searched for work in the four weeks preceding the survey.

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Territory Sales Manager- Central States - HydroHoist

HydroHoist Marine Group, Inc. (HMG), founded in 1964, is the world’s leading hydro-pneumatic boat lift company specializing in the manufacture, sale and service of boat lifts, power pedestals through our innovative HyPower division and other marine related products.