Sunday, August 26, 2012

One in six U.S. workers jobless or under-employed - Atlanta Business Chronicle:

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The reports that in May 16.4 percent of U.S. workersx were unemployed or under-employed in part-time, lower-paidx positions -- many times in jobs outsidse of their desired field orpay level. Under-employee workers are also oftenin part-timse jobs when they woulf prefer full-time work. May’xs unemployed and under-employed rate is the highesf since the measure first started being calculated in 1994 bythe U.S. Bureau of Labor Statistics. It is also up from April’s 15.8 percentr unemployed and under-employed rate and the 13.9 percen t rate for January when Barackj Obama took overas U.S.
Some economists like the combination rate, saying it showxs not only the out-of-wori numbers but also those workers who arein part-timr jobs when they would prefer full-timwe hours. The U.S. unemployment rate for May stoocat 9.4 percent, according to BLS. Georgia’s jobles rate for April (the most recent month available) was , according to the .

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