| |
|
|
 Job
Market Report
Updated July 10, 2010.
Our Employment Situation improved for the 11th month
in a row in June to -0.1%, up from the low of
-5.0% in July 2009.
This graph shows the annual rate of change in
employment, not seasonally adjusted, and shows how easy or
difficult it is to find a job at any given time.
The green line is the workforce growth.
|
 Monthly
changes
Seasonally adjusted employment declined by 125,000 jobs in
June, reflecting a decrease of 225,000 temporary workers
for Census 2010. Private sector employment was up by
83,000.
However, we still have a long way to go before we add
back the millions of jobs that were lost in the recession
of 2007-8-9.
We must add ~100,000 jobs every
month to keep up with the workforce growth.
|
 Unemployment
Rate
The unemployment rate edged down to 9.5% in June 2010.
The previous high was 10.1% in October 2009.
Among the major worker groups, the unemployment rate
for adult women (7.8%) declined, while the rates for
adult men (9.9%), teenagers (25.7%), whites (8.6%),
blacks (15.4%), and Hispanics (12.4%) showed little or
no change. The jobless rate for Asians was 7.7 %.
|
State employment growth by industry
Areas that are growing (green or grey) offer
better odds of finding a job. The maps below show
employment growth rates for the 12
months ending June 2010.
Green
is growing faster than the workforce growth
rate. Grey
is growing slower. Red
is declining. Black is declining more
than 8% per year. White is not available. To see
a list of the industries,
click here.
July 2009 - our darkest hour. Here's what it looked
like:
Employment growth rates for the last 20 years
|
|
|
|
|
All graphs and charts are calculated from
data provided by the Bureau of Labor Statistics
(BLS).
|
|
|
|
|
