- Prison Planet.com - http://www.prisonplanet.com -

195,000 Fewer Americans Had Jobs in July; 150,000 Dropped Out of Labor Force

Posted By admin On August 3, 2012 @ 9:19 am In Money Watch | Comments Disabled

Terence P. Jeffrey
CNS News [1]
Friday, August 3, 2012

(CNSNews.com) – There were 195,000 fewer people employed in the United States in July than in June, according to the Bureau of Labor Statistics, as the national unemployment rate ticked up from 8.2 percent to 8.3 percent.

Meanwhile, 150,000 people simply dropped out of the labor force during the month and did not seek to find a job.

In June, according to BLS, there had been 142,415,000 people employed in the United States. In July, that dropped to 142,220,000–a decline of 195,000.

Similarly, in June, there were 155,163,000 people in the civilian labor force in the United States. To be counted in the civilian labor force, person must be 16 years old or older, not be in the military, prison or a mental institution, and either have a job or have actively looked for a job in the past four weeks.

Full story here. [1]


Article printed from Prison Planet.com: http://www.prisonplanet.com

URL to article: http://www.prisonplanet.com/195000-fewer-americans-had-jobs-in-july-150000-dropped-out-of-labor-force.html

URLs in this post:

[1] CNS News: http://cnsnews.com/news/article/195000-fewer-americans-had-jobs-july-150000-dropped-out-labor-force

Copyright © 2013 PrisonPlanet.com. All rights reserved.