Unemployment In America

Unemployment in America is at 5.5%

Less Full Time Work: Since January 2009 the number of full-time employees has fallen by over 600,000 while part-time employment has grown by almost 1.4 million.

Since January 2009 over 600,000 manufacturing jobs have been eliminated, the opposite of the Administration’s projected increase of 408,000 manufacturing jobs due to their trillion-dollar stimulus.

In September 2012 there were 4.8 million long-term unemployed (that is, for over six months) – over two million more than when President Obama took office in January 2009.

Unemployment does not occur evenly in all occupations or sectors of society. Workers under twenty-five years of age are far more likely than older workers to be unemployed. The jobs held by younger workers are often more marginal, younger workers tend to have less education than older workers, and they leave their jobs more often than older workers. In addition, workers under age twenty-five also have less seniority to protect them against layoffs

When you count the unemployed, underemployed and discouraged workers, only 47 percent of the work force is fully employed.