The employment situation in October improved in every way for most Americans, except for African Americans, according to data from the Bureau of Labor Statistics (BLS).

The number of African Americans who were employed in the United States in October dropped by 41,000; and the number of African-Americans not participating in the labor force increased by 114,000.

However, the employment picture for all Americans aged 16 and older improved from September to October, as the overall unemployment rate declined from 5.9 percent to 5.8 percent, the number of employed increased from 146,600,000 to 147,283,000, and the number of unemployed decreased from 9,262,000 to 8,995,000.

The participation rate, which is the percentage of the civilian noninstitutional population who participated in the labor force by either having a job or actively seeking one, also increased from 62.7 percent to 62.8 percent for all Americans. Those not in the labor force, which are those who not only did not have a job, but they did not actively seek one in the last four weeks, declined from 92,584,000 to 92,378,000.

Read more

The Emergency Election Sale is now live! Get 30% to 60% off our most popular products today!


Related Articles