Payrolls Increase In May With Unemployment at 7.6 Percent
Matt | On 12, Jun 2013
There was some decent news to share on the employment front during our absence.
During the month of May, U.S. unemployment only went up slightly to 7.6 percent — which is a good sign in a recovering economy. Payrolls increased by 175,000 after some upward revisions in the April numbers.
Here is the breakdown of employment figures by race and ethnicity, according to the Bureau of Labor Statistics:
- Adult men = 7.2 percent
- Adult women = 6.5 percent
- Teenagers = 24.5 percent
- Whites = 6.7 percent
- Blacks =
- Hispanics = 9.1 percent
- Asians = 4.3 percent
The economy is going gang busters just yet, but it seems to be on the right path. Some of the individual numbers in the bullet points are still a concern … particularly black and teenage unemployment.
ANSWER IN THE COMMENTS SECTION BELOW:
How does unemployment feel in your area of the country? Is is becoming easier/harder for people to find work?