U.S. Bureau Of Labor Statistics Updates

Employment situation summary for May 2017

unemployment stats

According to the U.S. Bureau of Labor Statistics employment situation summary released June 2nd, 2017, unemployment was essentially unchanged at 4.3 percent in May and the number of unemployed at 6.9 million.  Employment grew in health care and mining.

In May, the marginally attached to the workforce—unemployed, available for work, and have looked for a job in the last 12 months—was 1.5 million. This is number is down by 238,000 from the same time last year. (These individuals are not counted in the unemployed because they had not looked for a job in the last four weeks.)

The number of long-term unemployed (those who have been jobless for 27 weeks or more) was essentially unchanged at 1.7 million in May. These individuals accounted for 24 percent of the unemployed.

Visit the U.S. Bureau of Labor Statistics for the complete summary.

 

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