Know the Current Unemployment Rate

Know the Current Unemployment Rate As of September 2010, the current unemployment rate had changed only a minimal amount over the previous several months, although the current unemployment rate for government jobs was affected by the fact that the census workers were removed from the rolls of government employees, this expected loss of jobs was a relatively stable change. Private sector hiring offset non-farm payroll employment.

The current unemployment rate as of September 3, 2010 was at 9.6 percent, which continued the trend over the previous quarter of the current unemployment rate remaining in the range of 9.5 percent and 9.7 percent. 

The current unemployment rate for adult men was 9.8 percent. For adult women the current unemployment rate was eight percent. For teens, the current unemployment rate was 26.3 percent. For whites, for blacks, for Hispanics, and for Asians, the current unemployment rate, without being adjusted in terms of seasonal employment, was relatively unchanged in August, holding steady at 8.7 percent, at 16.3 percent, 12 percent, and 7.2 percent, respectively across these demographics. 

One complication that prevents an accurate assessment of the current unemployment rate is that it does not take into account individuals who have been out of work for a long period of time and want to find jobs, but have not been actively searching for work in the previous four weeks.

Related Topics