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.


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.