The Obama Economy: Dow Jones Industrial Average hits 18000 for first time ever
The Dow Jones Industrial Average closed above 18,000 for the first time on December 23, 2014, capping a run that saw the index tack on 1,000 points in only six months. This is fifth straight session of gains for the Dow. -Source: NBC News
“The GDP number blew everybody away,” said Art Hogan, chief market strategist at Wunderlich Securities.
The key theme coming into 2015 is a confident consumer that is driven by the tail winds of higher levels of employment, lower costs of energy and higher equity market. Your 401K is doing better, your job is doing better and it cost less to fill up your tank. 2015 investing will be everything that is facing the consumer,” Hogan said. -Source: CNBC News
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Video: Dow Hits 18,000: How We Got Here
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U.S. jobless rates down in 41 states, up in 3
U.S. Bureau of Labor Statistics
Regional and state unemployment rates were little changed in November. Forty-one states and the District of Columbia had unemployment rate decreases from October, three states had increases, and six states had no change, the U.S. Bureau of Labor Statistics reported today. Forty-three states and the District of Columbia had unemployment rate decreases from a year earlier, four states had increases, and three states had no change. The national jobless rate was unchanged from October at 5.8 percent and was 1.2 percentage points lower than in November 2013.
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The Great Recession by the numbers
Dilemma X
The Great Recession and the Global Financial Crisis began in December 2007. By December 2008 the unemployment rate reached 7.2% and reached its peak in October 2009 with an unemployment rate of 10.2%. The financial crisis was triggered by a complex problems in the United States banking system, the U.S. housing bubble and other financial failures.
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The unemployment rate in November 2014 was 5.8%
Past November unemployment rates:
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President Barack Obama assumed office January 20, 2009.
In January 2009 the number of unemployed persons was 11.6 million and the unemployment rate was 7.6%.
Unemployment peaked in October 2009 with an unemployment rate of 10.2% and 15.7 million unemployed persons.
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Between January 2009 and March, 2009 more than 2 million jobs were lost and 663,000 were lost in March 2009 alone. The number of unemployed persons increased to 13.2 million that month.
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George W. Bush served as the 43rd President of the United States from January 20, 2001 – January 20, 2009
January 2001 the nation’s unemployment rate was 4.2% with a total of 6.0 million unemployed persons. Unemployment rate was the following: whites 3.6% and for blacks 8.4%.
January 2008 the nation’s unemployment rate was 4.9% with a total of 7.6 million unemployed persons. Unemployment rate was the following: whites 4.4% and for blacks 9.2%.
November 2008 the nation’s unemployment rate was 6.7% with a total of 10.3 million unemployed persons. Unemployment rate was the following: whites 6.1% and for blacks 11.2%.
January 2009 the nation’s unemployment rate was 7.6% with a total of 11.6 million unemployed persons. For whites the unemployment rate was 6.9% and for African Americans it was 12.6%.
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Bill Clinton served as the 42nd President of the United States from January 20, 1993 – January 20, 2001
January 1994 the nation’s unemployment rate was 5.4% with a total of 7.2 million unemployed persons. Unemployment rate was the following: whites 4.8% and for blacks 9.8%.
In September 2000 the unemployment rate was 3.9%. This was the first time the nation’s unemployment rate had been below 4.0% since January 1970. Unemployment rate was the following: whites 3.5% and for blacks 7.0%.
January 2000 the nation’s unemployment rate was 4.0% with a total of 5.7 million unemployed persons. Unemployment rate was the following: whites 3.5% and for blacks 7.6%.
November 2000 the nation’s unemployment rate was 4.0% with a total of 5.7 million unemployed persons. Unemployment rate was the following: whites 3.5% and for blacks 7.4%.
January 2001 the nation’s unemployment rate was 4.2%. The number of unemployed persons rose to 5.95 million. Unemployment rate was the following: whites 3.6% and for blacks 8.4%.
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November 2014
African American unemployment
African American unemployment for November 2014 increased to 11.1% (Seasonally adjusted)
African American unemployment for October 2014 was 10.9% (Seasonally adjusted)
African American unemployment for September 2014 was 11.0% (Seasonally adjusted)
African American unemployment for August 2014 was 11.4% (Seasonally adjusted)
African American unemployment for July 2014 was 11.4% (Seasonally adjusted)
African American unemployment for June 2014 was 10.7% (Seasonally adjusted)
African American unemployment for May 2014 was 11.5% (Seasonally adjusted)
African American unemployment for January 2014 was 12.1% (Seasonally adjusted)
African American unemployment for December 2013 was 11.9% (Seasonally adjusted)
African American unemployment for November 2013 was 12.5% (Seasonally adjusted)
African American unemployment for October 2013 was 13.1% (Seasonally adjusted)
African American unemployment for September 2013 was 12.9% (Seasonally adjusted)
African American unemployment for August 2013 was 13.0% (Seasonally adjusted)
African American unemployment for July 2013 was 12.6% (Seasonally adjusted)
African American unemployment for June 2013 was 13.7% (Seasonally adjusted)
African American unemployment for May 2013 was 13.5%(Seasonally adjusted)
African American unemployment for April 2013 was 13.2%(Seasonally adjusted)
African American unemployment for March 2013 was 13.3%(Seasonally adjusted)
African American unemployment for February 2013 was 13.8% (Seasonally adjusted)
African American unemployment for January 2013 was 13.8% (Seasonally adjusted)
African American unemployment for December 2012 was 14.0% (Seasonally adjusted)
African American unemployment for November 2012 was 13.2% (Seasonally adjusted)
African American unemployment for October 2012 was 14.3% (Seasonally adjusted)
African American unemployment for September 2012 was13.4% (Seasonally adjusted)
African American unemployment for August 2012 was 14.1% (Seasonally adjusted)
African American unemployment for July 2012 was 14.1% (Seasonally adjusted)
African American unemployment for June 2012 was 14.4% (Seasonally adjusted)
African American unemployment for May 2012 was 13.6% (Seasonally adjusted)
African American unemployment for April 2012 was 13.0% (Seasonally adjusted)
African American unemployment for March 2012 was 14.0% (Seasonally adjusted)
African American unemployment for February 2012 was 14.1% (Seasonally adjusted)
African American unemployment for January 2012 was 13.6% (Seasonally adjusted)
African American unemployment for December 2011 was to 15.8% (Seasonally adjusted)
African American unemployment for November 2011 was 15.5% (Seasonally adjusted)
African American unemployment for October 2011 was 15.0% (Seasonally adjusted)
African American unemployment for September 2011 was 15.9% (Seasonally adjusted)
African American unemployment for August 2011 was 16.7% (Seasonally adjusted)
African American unemployment for July 2011 was 15.9% (Seasonally adjusted)
African American unemployment for June 2011 was 16.2% (Seasonally adjusted)
African American unemployment for May 2011 was 16.2% (Seasonally adjusted)
African American unemployment for April 2011 was 16.1% (Seasonally adjusted)
African American unemployment for May 2010 was 15.3% (Seasonally adjusted)
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By Sex African American unemployment for men 20 years and over
November 2014 increased to 11.2% (Seasonally adjusted)
October 2014 was 10.7% (Seasonally adjusted)
September 2014 was 11.0% (Seasonally adjusted)
August 2014 was 10.8% (Seasonally adjusted)
July 2014 was 11.1% (Seasonally adjusted)
June 2014 was 10.9% (Seasonally adjusted)
May 2014 was 11.5% (Seasonally adjusted)
January 2014 was 12.0% (Seasonally adjusted)
December 2013 was 11.5% (Seasonally adjusted)
November 2013 was 12.3% (Seasonally adjusted)
October 2013 was 13.0% (Seasonally adjusted)
September 2013 was 14.0% (Seasonally adjusted)
August 2013 was 13.5% (Seasonally adjusted)
July 2013 was 12.5% (Seasonally adjusted)
June 2013 was 13.7% (Seasonally adjusted)
May 2013 was 13.5% (Seasonally adjusted)
April 2013 was 13.2% (Seasonally adjusted)
March 2013 was 12.7% (Seasonally adjusted)
February 2013 was 12.9% (Seasonally adjusted)
January 2013 was 13.4% (Seasonally adjusted)
December 2012 was 14.0% (Seasonally adjusted)
November 2012 was 12.9% (Seasonally adjusted)
October 2012 was 14.1% (Seasonally adjusted)
September 2012 was 14.2% (Seasonally adjusted)
August 2012 was 14.3% (Seasonally adjusted)
July 2012 was 14.8% (Seasonally adjusted)
June 2012 was 14.2% (Seasonally adjusted)
May 2012 was 14.2% (Seasonally adjusted)
April 2012 was 13.6% (Seasonally adjusted)
March 2012 was 13.8% (Seasonally adjusted)
February 2012 was 14.3% (Seasonally adjusted)
January 2012 was 12.7% (Seasonally adjusted)
December 2011 was 15.7% (Seasonally adjusted)
November 2011 was 16.4% (Seasonally adjusted)
October 2011 was 16.0% (Seasonally adjusted)
September 2011 was 16.6% (Seasonally adjusted)
August 2011 was 18.0% (Seasonally adjusted)
July 2011 was 17.0% (Seasonally adjusted)
June 2011 was 17.0% (Seasonally adjusted)
May 2011 was 17.5% (Seasonally adjusted)
April 2011 was 17.0% (Seasonally adjusted)
May 2010 was 17.0% (Not seasonally adjusted)
September 2009 was 15.5% (Not seasonally adjusted)
August 2010 was at 17.3%
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African American unemployment for women 20 years and over
November 2014 increased to 9.6% (Seasonally adjusted)
October 2014 was 9.4% (Seasonally adjusted)
September 2014 was 9.6% (Seasonally adjusted)
August 2014 was 10.6% (Seasonally adjusted)
July 2014 was 10.1% (Seasonally adjusted)
June 2014 was 9.0% (Seasonally adjusted)
May 2014 was 10.0% (Seasonally adjusted)
January 2014 was 10.4% (Seasonally adjusted)
December 2013 was 10.4% (Seasonally adjusted)
November 2013 was 11.1% (Seasonally adjusted)
October 2013 was 11.5% (Seasonally adjusted)
September 2013 was 10.0% (Seasonally adjusted)
August 2013 was 10.6% (Seasonally adjusted)
July 2013 was 10.5% (Seasonally adjusted)
June 2013 was 12.0% (Seasonally adjusted)
May 2013 was 11.2% (Seasonally adjusted)
April 2013 was 11.6% (Seasonally adjusted)
March 2013 was 12.2% (Seasonally adjusted)
February 2013 was 12.5% (Seasonally adjusted)
January 2013 was 12.3% (Seasonally adjusted)
December 2012 was 12.2% (Seasonally adjusted)
November 2012 was 11.5% (Seasonally adjusted)
October 2012 was 12.4% (Seasonally adjusted)
September 2012 was 10.9% (Seasonally adjusted)
August 2012 was 12.0% (Seasonally adjusted)
July 2012 was 11.5% (Seasonally adjusted)
June 2012 was 12.7% (Seasonally adjusted)
May 2012 was 11.4% (Seasonally adjusted)
April 2012 was 10.8% (Seasonally adjusted)
March 2012 was 12.3% (Seasonally adjusted)
February 2012 was 12.4% (Seasonally adjusted)
January 2012 was 12.6% (Seasonally adjusted)
December 2011 was 13.9% (Seasonally adjusted)
November 2011 was 13.0% (Seasonally adjusted)
October 2011 was 12.6% (Seasonally adjusted)
September 2011 was 13.2% (Seasonally adjusted)
August 2011 was 13.4% (Seasonally adjusted)
July 2011 was 13.4% (Seasonally adjusted)
June 2011 was 13.8% (Seasonally adjusted)
May 2011 was 13.4% (Seasonally adjusted)
April 2011 was 13.4% (Seasonally adjusted)
May 2010 was 12.0% (Not seasonally adjusted)
September 2009 was 13.4% (Not seasonally adjusted)
August 2010 was 13.2%
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African American unemployment for both sexes, 16 to 19 years
November 2014 decreased to 28.1% (Seasonally adjusted)
October 2014 was 32.6% (Seasonally adjusted)
September 2014 was 30.5% (Seasonally adjusted)
August 2014 was 32.8% (Seasonally adjusted)
July 2014 was 34.9% (Seasonally adjusted)
June 2014 was 33.4% (Seasonally adjusted)
May 2014 was 31.1% (Seasonally adjusted)
January 2014 was 38.0% (Seasonally adjusted)
December 2013 was 35.5% (Seasonally adjusted)
November 2013 was 35.8% (Seasonally adjusted)
October 2013 was 36.0% (Seasonally adjusted)
September 2013 was 35.1% (Seasonally adjusted)
August 2013 was 38.2% (Seasonally adjusted)
July 2013 was 41.6% (Seasonally adjusted)
June 2013 was 43.6% (Seasonally adjusted)
May 2013 was 42.6% (Seasonally adjusted)
Apil 2013 was 40.5% (Seasonally adjusted)
March 2013 was 33.8% (Seasonally adjusted)
February 2013 was 43.1% (Seasonally adjusted)
January 2013 was 37.8% (Seasonally adjusted)
December 2012 was 40.5% (Seasonally adjusted)
November 2012 was 39.4% (Seasonally adjusted)
October 2012 was 40.5% (Seasonally adjusted)
September 2012 was 36.7% (Seasonally adjusted)
August 2012 was 37.9% (Seasonally adjusted)
July 2012 was 36.6% (Seasonally adjusted)
June 2012 was 39.3% (Seasonally adjusted)
May 2012 was 36.5% (Seasonally adjusted)
April 2012 was 38.2% (Seasonally adjusted)
March 2012 was 40.5% (Seasonally adjusted)
February 2012 was 34.7% (Seasonally adjusted)
January 2012 was 38.5% (Seasonally adjusted)
December 2011 was 42.1% (Seasonally adjusted)
November 2011 was 39.6% (Seasonally adjusted)
October 2011 was 37.5% (Seasonally adjusted)
September 2011 was 43.6% (Seasonally adjusted)
August 2011 was 46.3% (Seasonally adjusted)
July 2011 was 39.2% (Seasonally adjusted)
June 2011 was 39.9% (Seasonally adjusted)
May 2011 was 40.7% (Seasonally adjusted)
April 2011 was 41.6% (Seasonally adjusted)
May 2010 was 38.4% (Not seasonally adjusted)
September 2009 was 40.7% (Not seasonally adjusted)
August 2010 was 45.4%
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November 2014
White unemployment
White unemployment for November 2014 increased to 4.9% (Seasonally adjusted)
White unemployment for October 2014 was 4.8% (Seasonally adjusted)
White unemployment for September 2014 was 5.1% (Seasonally adjusted)
White unemployment for August 2014 was 5.3% (Seasonally adjusted)
White unemployment for July 2014 was 5.3% (Seasonally adjusted)
White unemployment for June 2014 was 5.3% (Seasonally adjusted)
White unemployment for May 2014 was 5.4% (Seasonally adjusted)
White unemployment for January 2014 was 5.7% (Seasonally adjusted)
White unemployment for December 2013 was 5.9% (Seasonally adjusted)
White unemployment for November 2013 was 6.2% (Seasonally adjusted)
White unemployment for October 2013 was 6.3% (Seasonally adjusted)
White unemployment for September 2013 was 6.3% (Seasonally adjusted)
White unemployment for August 2013 was 6.4% (Seasonally adjusted)
White unemployment for July 2013 was 6.6% (Seasonally adjusted)
White unemployment for June 2013 was 6.6% (Seasonally adjusted)
White unemployment for May 2013 was 6.7% (Seasonally adjusted)
White unemployment for April 2013 was 6.7% (Seasonally adjusted)
White unemployment for March 2013 was 6.7% (Seasonally adjusted)
White unemployment for February 2013 was 6.8% (Seasonally adjusted)
White unemployment for January 2013 was 7.0% (Seasonally adjusted)
White unemployment for December 2012 was 6.9% (Seasonally adjusted)
White unemployment for November 2012 was 6.8% (Seasonally adjusted)
White unemployment for October 2012 was 7.0% (Seasonally adjusted)
White unemployment for September 2012 was 7.0% (Seasonally adjusted)
White unemployment for August 2012 was 7.2% (Seasonally adjusted)
White unemployment for July 2012 was 7.4% (Seasonally adjusted)
White unemployment for June 2012 was 7.4% (Seasonally adjusted)
White unemployment for May 2012 was 7.4% (Seasonally adjusted)
White unemployment for April 2012 was 7.4% (Seasonally adjusted)
White unemployment for March 2012 was 7.3% (Seasonally adjusted)
White unemployment for February 2012 was 7.3% (Seasonally adjusted)
White unemployment for January 2012 was 7.4% (Seasonally adjusted)
White unemployment for December 2011 was 7.5% (Seasonally adjusted)
White unemployment for November 2011 was 7.6% (Seasonally adjusted)
White unemployment for October 2011 was 8.0% (Seasonally adjusted)
White unemployment for September 2011 was 7.9% (Seasonally adjusted)
White unemployment for August 2011 was 7.9% (Seasonally adjusted)
White unemployment for July 2011 was 7.9% (Seasonally adjusted)
White unemployment for June 2011 was 8.1% (Seasonally adjusted)
White unemployment for May 2011 was 7.9% (Seasonally adjusted)
White unemployment for May 2010 was 8.4% (Seasonally adjusted)
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By Sex White unemployment for men 20 years and over
November 2014 increased to 4.6% (Seasonally adjusted)
October 2014 was 4.2% (Seasonally adjusted)
September 2014 was 4.4% (Seasonally adjusted)
August 2014 was 4.9% (Seasonally adjusted)
July 2014 was 4.8% (Seasonally adjusted)
June 2014 was 4.9% (Seasonally adjusted)
May 2014 was 5.0% (Seasonally adjusted)
January 2014 was 5.4% (Seasonally adjusted)
December 2013 was 5.6% (Seasonally adjusted)
November 2013 was 6.0% (Seasonally adjusted)
October 2013 was 6.2% (Seasonally adjusted)
September 2013 was 6.1% (Seasonally adjusted)
August 2013 was 6.2% (Seasonally adjusted)
July 2013 was 6.3% (Seasonally adjusted)
June 2013 was 6.2% (Seasonally adjusted)
May 2013 was 6.4% (Seasonally adjusted)
April 2013 was 6.4% (Seasonally adjusted)
March 2013 was 6.1% (Seasonally adjusted)
February 2013 was 6.3% (Seasonally adjusted)
January 2013 was 6.6% (Seasonally adjusted)
December 2012 was 6.2% (Seasonally adjusted)
November 2012 was 6.4% (Seasonally adjusted)
October 2012 was 6.6% (Seasonally adjusted)
September 2012 was 6.6% (Seasonally adjusted)
August 2012 was 6.8% (Seasonally adjusted)
September 2012 was % (Seasonally adjusted)
July 2012 was 6.9% (Seasonally adjusted)
June 2012 was 7.0% (Seasonally adjusted)
May 2012 was 7.0% (Seasonally adjusted)
April 2012 was 6.8% (Seasonally adjusted)
March 2012 was 6.8% (Seasonally adjusted)
February 2012 was 6.8% (Seasonally adjusted)
January 2012 was 6.9% (Seasonally adjusted)
December 2011 was 7.1% (Seasonally adjusted)
November 2011 was 7.3% (Seasonally adjusted)
October 2011 was 7.8% (Seasonally adjusted)
September 2011 was 7.7% (Seasonally adjusted)
August 2011 was 7.7% (Seasonally adjusted)
July 2011 was 7.9% (Seasonally adjusted)
June 2011 was 8.1% (Seasonally adjusted)
May 2011 was 7.9% (Seasonally adjusted)
April 2011 was 7.9% (Seasonally adjusted)
May 2010 was 8.4% (Not seasonally adjusted)
September 2009 was 8.7% (Not seasonally adjusted)
August 2010 was 8.9%
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White unemployment for women unemployment 20 years and over
November 2014 decreased to 4.5% (Seasonally adjusted)
October 2014 was 4.6% (Seasonally adjusted)
September 2014 was 4.8% (Seasonally adjusted)
August 2014 was 4.8% (Seasonally adjusted)
July 2014 was 4.9% (Seasonally adjusted)
June 2014 was 4.8% (Seasonally adjusted)
May 2014 was 4.9% (Seasonally adjusted)
January 2014 was 5.2% (Seasonally adjusted)
December 2013 was 5.3% (Seasonally adjusted)
November 2013 was 5.3% (Seasonally adjusted)
October 2013 was 5.5% (Seasonally adjusted)
September 2013 was 5.5% (Seasonally adjusted)
August 2013 was 5.5% (Seasonally adjusted)
July 2013 was 5.8% (Seasonally adjusted)
June 2013 was 6.0% (Seasonally adjusted)
May 2013 was 5.8% (Seasonally adjusted)
April 2013 was 5.7% (Seasonally adjusted)
March 2013 was 6.1% (Seasonally adjusted)
February 2013 was 6.0% (Seasonally adjusted)
January 2013 was 6.4% (Seasonally adjusted)
December 2012 was 6.3% (Seasonally adjusted)
November 2012 was 6.2% (Seasonally adjusted)
October 2012 was 6.3% (Seasonally adjusted)
September 2012 was 6.3% (Seasonally adjusted)
August 2012 was 6.5% (Seasonally adjusted)
July 2012 was 6.8% (Seasonally adjusted)
June 2012 was 6.6% (Seasonally adjusted)
May 2012 was 6.7% (Seasonally adjusted)
April 2012 was 6.8% (Seasonally adjusted)
March 2012 was 6.6% (Seasonally adjusted)
February 2012 was 6.8% (Seasonally adjusted)
January 2012 was 6.8% (Seasonally adjusted)
December 2011 decreased to 6.8% (Seasonally adjusted)
November 2011 was 6.9% (Seasonally adjusted)
October 2011 was 7.0% (Seasonally adjusted)
September 2011 was 7.1% (Seasonally adjusted)
August 2011 was 7.0% (Seasonally adjusted)
July 2011 was 7.0% (Seasonally adjusted)
June 2011 was 7.1% (Seasonally adjusted)
May 2011 was 7.1% (Seasonally adjusted)
April 2011 was 7.0% (Seasonally adjusted)
May 2010 was 7.0% (Not seasonally adjusted)
September 2009 was 7.2% (Not seasonally adjusted)
August 2010 was 7.1%
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White unemployment for both sexes, 16 to 19 years
November 2014 decreased to 15.6% (Seasonally adjusted)
October 2014 was 16.3% (Seasonally adjusted)
September 2014 was 18.7% (Seasonally adjusted)
August 2014 was 17.7% (Seasonally adjusted)
July 2014 was 18.3% (Seasonally adjusted)
June 2014 was 18.9% (Seasonally adjusted)
May 2014 was 16.9% (Seasonally adjusted)
January 2014 was 17.5% (Seasonally adjusted)
December 2013 was 18.0% (Seasonally adjusted)
November 2013 was 18.6% (Seasonally adjusted)
October 2013 was 19.4% (Seasonally adjusted)
September 2013 was 19.3% (Seasonally adjusted)
August 2013 was 19.3% (Seasonally adjusted)
July 2013 was 20.5% (Seasonally adjusted)
June 2013 was 20.4% (Seasonally adjusted)
May 2013 was 21.6% (Seasonally adjusted)
April 2013 was 21.8% (Seasonally adjusted)
March 2013 was 22.5% (Seasonally adjusted)
February 2013 was 22.1% (Seasonally adjusted)
January 2013 was 20.8% (Seasonally adjusted)
December 2012 was 21.6% (Seasonally adjusted)
November 2012 was 20.2% (Seasonally adjusted)
October 2012 was 20.6% (Seasonally adjusted)
September 2012 was 21.2% (Seasonally adjusted)
August 2012 was 22.8% (Seasonally adjusted)
July 2012 was 21.5% (Seasonally adjusted)
June 2012 was 20.9% (Seasonally adjusted)
May 2012 was 22.0% (Seasonally adjusted)
April 2012 was 22.8% (Seasonally adjusted)
March 2012 was 22.5% (Seasonally adjusted)
February 2012 was 21.3% (Seasonally adjusted)
January 2012 was 21.1% (Seasonally adjusted) D
ecember 2011 was 20.3% (Seasonally adjusted)
November 2011 was 21.3% (Seasonally adjusted)
October 2011 was 21.7% (Seasonally adjusted)
September 2011 was 21.2% (Seasonally adjusted)
August 2011 was 22.8% (Seasonally adjusted)
July 2011 was 23.0% (Seasonally adjusted)
June 2011 was 21.8% (Seasonally adjusted)
May 2011 was 20.7% (Seasonally adjusted)
April 2011 was 22.3% (Seasonally adjusted)
May 2010 was 25.1% (Not seasonally adjusted)
September 2009 was 23.0% (Not seasonally adjusted)
August 2010 was 23.8%
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Seasonally Adjusted
Not Seasonally Adjusted
Seasonal adjustmentis a statistical method for removing the seasonal component of a time series used when analyzing non-seasonal trends. Whereas, not-seasonally-adjusted reflects the actual current data. It is normal to report not-seasonally-adjusted data for current unemployment rates. Seasonally adjusted data may be used for the longer term comparison. Total employment and unemployment vary throughout the year. For example,higher unemployment in January and February isn’t uncommon because of work in agriculture, construction and other seasonal industries slowing down. Also, both employment and unemployment rise every June, when students enter the labor force in search of summer jobs. Seasonally adjusted numbers also take into account seasonal hiring/layoff patterns that go along with winter and summer holidays.
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Historical Employment Data for African Americans
Click images to enlarge. Click your back arrow to return to Dilemma X
Data below come from U.S. federal reports released in 1968 and in 1974, for the year 1973.
