The unemployment rate ended the year at 7.8%, as the U.S. economy added 155,000 jobs in December, according
to the Department of Labor. Employment either expanded or remained flat across all sectors, with Health care employment leading the way with 45,000 jobs added. The Civilian labor force participation rate--something we will be following more closely in 2013--remained unchanged at 63.6%. Here's a
look at the unemployment trends from the Bureau of Labor Statistics:
Here are some of the key data from other areas we like to track in the monthly jobs report:
The number of persons employed part time for economic reasons (sometimes referred to as
involuntary part-time workers), at 7.9 million, changed little in December. These individuals were
working part time because their hours had been cut back or because they were unable to find a full-time
In December, 2.6 million persons were marginally attached to the labor force, essentially unchanged
from a year earlier. (These data are not seasonally adjusted.) These individuals were not in the labor
force, wanted and were available for work, and had looked for a job sometime in the prior 12 months.
They were not counted as unemployed because they had not searched for work in the 4 weeks preceding
Among the marginally attached, there were 1.1 million discouraged workers in December, little
changed from a year earlier. (These data are not seasonally adjusted.) Discouraged workers are persons
not currently looking for work because they believe no jobs are available for them. The remaining 1.5
million persons marginally attached to the labor force in December had not searched for work in the 4
weeks preceding the survey for reasons such as school attendance or family responsibilities.
Read the full report from the BLS here.
01-04-2013 9:16 AM
Filed under: jobs, unemployment, bureau of labor statistics, employment, Labor Department, unemployed, jobs report, regional data, regional unemployment, state employment data, labor force participationon, civilian labor force participation rate