People whose ethnicity is identified as Hispanic or Latino may be of any race. Notes: Estimates for the race groups (White, Black or African American, and Asian) do not sum to totals because data are not presented for all races. Employment status of the civilian noninstitutional population 16 years and older, by sex, race, and Hispanic or Latino ethnicity, quarterly averages, seasonally adjusted, 2017–18 (levels in thousands) Characteristic 5 The number of unemployed people was down by 472,000 over the year to 6.1 million in the fourth quarter. This unemployment rate was the lowest since the fourth quarter of 1969. In the fourth quarter of 2018, the jobless rate was 3.8 percent-the same rate recorded in the third quarter of 2018. The unemployment rate declined to a 49-year low in 2018. In addition, the article summarizes changes in other CPS measures used to gauge the health of the labor market in 2018-such as involuntary part-time work, alternative measures of labor underutilization, unemployment by reason and duration, employment and unemployment by occupation, and median usual weekly earnings. It examines the employment situation of people by sex, race, Hispanic or Latino ethnicity, age, educational attainment, veteran status, disability status, and nativity. This article describes several important developments or issues related to the U.S. 3 The survey data also showed that workers in most demographic groups experienced rising employment and declining unemployment in 2018. 2 The employment–population ratio (the number of employed people as a percentage of the civilian noninstitutional population age 16 and older) continued to rise, and the number of long-term unemployed continued to decrease. An indepth look into data from the Current Population Survey (CPS) revealed an array of labor market indicators pointed to continued labor market improvement during the year. Steady job growth continued, and the unemployment rate (the number of unemployed people as a percentage of the labor force) fell to a 49-year low. labor market showed continued strength during the year. 1 Reflecting this sustained period of economic growth, the U.S. By the end of the year, the economy had grown for 114 months since the end of the Great Recession in June 2009-the second longest economic expansion on record. ![]() The Nation’s current economic expansion entered its ninth year in 2018.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |