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News Ticker from FNC

Friday, April 05, 2013

Economic Education

New Job Numbers are out ...

MARCH 2013

88,000 New Jobs
(estimate was 200,000 jobs ... Yuck)

Unemployment
7.6%

WHAT??!!

Well, when you start to lose people who are actually LOOKING for work, then yeah the unemployment numbers LOOK better ....

Civil Labor Force
DOWN
- 496,000

Retail Industry lost: 24,000 jobs
(added 32,000 jobs 6months before)

Only 63% of those who can work, do work (down 0.2%)

Lowest since MAY 1979
(Jimmy Carter was in office, Reagan was running for prez, things looked really nasty)

Current unemployment numbers

06.9% Adult Men
07.0% Adult Women
06.7% Whites
09.2% Hispanic
13.3% Black
24.2% Teens


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