{"id":366,"date":"2009-03-07T10:06:31","date_gmt":"2009-03-07T15:06:31","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=366"},"modified":"2009-03-07T10:06:31","modified_gmt":"2009-03-07T15:06:31","slug":"unemployment-rate-rose-to-81-percent-in-february","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2009\/03\/unemployment-rate-rose-to-81-percent-in-february\/","title":{"rendered":"Unemployment Rate Rose to 8.1 Percent in February"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"background: white; margin: 0in 0in 6pt; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;\"><span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: 'Courier New';\">Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6% to 8.1%, the <a href=\"http:\/\/www.bls.gov\/\" target=\"_blank\">Bureau of Labor Statistics<\/a> of the <a href=\"http:\/\/www.dol.gov\/\" target=\"_blank\">US Department of Labor<\/a> <a href=\"http:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\" target=\"_blank\">reported recently<\/a>. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"background: white; margin: 0in 0in 6pt; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;\"><span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: 'Courier New';\">The number of unemployed persons increased by 851,000 to 12.5 million in February, and the unemployment rate rose to 8.1%. Over the past 12 months, the number of unemployed persons has increased by about 5.0 million, and the unemployment rate has risen by 3.3 percentage points.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"background: white; margin: 0in 0in 6pt; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;\"><span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: 'Courier New';\">The unemployment rate continued to trend upward in February for adult men (8.1%), adult women (6.7%), whites (7.3%), blacks (13.4%), and Hispanics (10.9%). The jobless rate for teenagers was little changed at 21.6%. The unemployment rate for Asians was 6.9% in February, not seasonally adjusted.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"background: white; margin: 0in 0in 6pt; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;\"><span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: 'Courier New';\">Among the unemployed, the number of job losers and persons who completed temporary jobs increased by 716,000 to 7.7 million in February.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>This measure has grown by 3.8 million in the last 12 months.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"background: white; margin: 0in 0in 0pt; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;\"><span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: 'Courier New';\">The number of long-term unemployed (those jobless for 27 weeks or more) increased by 270,000 to 2.9 million in February. Over the past 12 months, the number of long-term unemployed was up by 1.6 million.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6% to 8.1%, the Bureau of Labor Statistics of the US Department of Labor reported recently. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[180,809,183,89],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/366"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=366"}],"version-history":[{"count":5,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/366\/revisions"}],"predecessor-version":[{"id":375,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/366\/revisions\/375"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}