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October 2010 Employment Situation — 2010-11-05

Nonfarm payroll employment increased by 151,000 in October, and the unemployment rate was unchanged at 9.6 percent, the U.S. Bureau of Labor…

Archive · 2010-11-05

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Nonfarm payroll employment increased by 151,000 in October, and the unemployment rate was unchanged at 9.6 percent, the U.S. Bureau of Labor Statistics reported today. Since December 2009, nonfarm payroll employment has risen by 874,000. The number of unemployed persons, at 14.8 million, was little changed in October. The unemployment rate remained at 9.6 percent and has been essentially unchanged since May. (See table A-1.) Among the major worker groups, the unemployment rate for adult men (9.7 percent), adult women (8.1 percent), teenagers (27.1 percent), whites (8.8 percent), blacks (15.7 percent), and Hispanics (12.6 per- cent) showed little change in October. The jobless rate for Asians was 7.1 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.) The number of long-term unemployed (those jobless for 27 weeks and over) was about unchanged over the month at 6.2 million. In October, 41.8 percent of unemployed persons had been jobless for 27 weeks or more.

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