Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
Friday, September 3, 2010
Unemployment August 2010: 9.6%
The Employment-Population ratio increased to 58.5% in August from 58.4% in July.
The Labor Force Participation Rate increased to 64.7% from 64.6% in July.
The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) increased by 331,000 over the month to 8.9 million.
According to the BLS, there are 6.249 million workers who have been unemployed for more than 26 weeks and still want a job.
source
Labels:
job loss,
unemployment,
unemployment rate
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