Friday, March 8, 2013

February Unemployment Rate Drops To 7.7%

The full BLS report is here in pdf.

The official number of the unemployed has dropped from 12.8 million a year ago to 12.0 million in February 2013.

Multiple job-holding is up 4.5% year over year. Full-time with an additional part-time job is up 10% year over year. Part-time with another part-time job is up 5.6% year over year.

Total non-farm employment remains 3 million off the January 2008 peak of 138 million even though today the country is larger by 11 million souls.

The depression in employment continues.