OCTOBER 2000 UNEMPLOYMENT DATA*
(U.S. BUREAU OF LABOR STATISTICS)
CIVILIAN UNEMPLOYMENT: 3.9%
Men 20 years and over
Women 20 years and over 3.4%
Teen-agers (16-19 years) 12.6%
Black teens 24.2%
5.5 million workers
because can't find a full-time job: 3.2 million
People who want jobs but are not
counted in official statistics
because not looking 4.4 million**
(of which approximately 1 million searched for work during the prior 12 months and were available for work during the reference week.)
Total 13.1 million (9.0% of the labor force)
In addition, millions more were working full-time, year-round, yet earned less than the official poverty level for a family of four. In the latest year for which data are available, 1999, that number was 17.1 million, 17.5 percent of full-time workers (estimated from Money Income in the United States, Bureau of the Census, Sept. 2000, Table 11). Roughly one in four women and one in seven men who had full-time jobs the year round earned less than the poverty level for a family of four.
*See Uncommon Sense #4 for an explanation of the unemployment measures.
** 4.1 million, not seasonally adjusted. Previously, we used the "not seasonally adjusted" measure.