Unemployment News July 2010
Recent unemployment stats in the US are all pointing towards a slow but steady economic growth pattern. Statistics issued from the Bureau of Labor indicate that the total number of unemployed Americans has gone down to 14.6 million, which represents a 9.5% proportion of the population. This is despite large exits from Government employment, with an estimated quarter of a million workers being released from temporary contracts now that the 2010 census has been completed. In amongst those finding new jobs, adult women seem to be picking up more work recently, with their unemployment rate falling to just 7.8%. The worst hit group in June were still teenagers, with over 25% of those wishing to work unable to find employment.