Sunday, October 10, 2010

Unemployment By the Numbers

The latest jobs report, which came out today, says that the economy lost 95,000 jobs in September.  Each month, the country awaits improvement and each month, it is disappointed. There is more to unemployment than just this number, though. A thorough breakdown of unemployment by the numbers can be seen below:

$1,161,000,000,000:  The total cost of the Democrats “stimulus.”  CBO estimates the cost of the bill will reach $814 billion and interest on the debt for the bill will be at least $347 billion. 

9.6%:  The unemployment rate for the month of September.

17:  The number of consecutive months that unemployment has been above 9 percent.

14:  The number of consecutive months that unemployment has been above 9.5 percent—the longest such span since the Great Depression.

95,000:  The number of jobs lost in the month of September.

17.1%:  The rate of underemployment in September.  This accounts for the unemployed, those unable to find full-time work and those discouraged from looking for work.

14,767,000: The number of unemployed Americans looking for work in the month of September.

Get the full rundown here.