U.S. Unemployment Stays Steady at 9.7%
- Mar 05, 2010
March 5, 2010
By Allison Landa, News Editor
The national employment rate is holding steady at 9.7 percent, the U.S. Bureau of Labor Statistics reported today.
In February, there were 14.9 unemployed U.S. workers, essentially unchanged from the month earlier. About 36,000 jobs were cut throughout the month. While employment fell in the construction and information sectors, with a respective 64,000 and 18,000 jobs lost, temporary help services added 48,000 jobs.
Severe winter storms were also blamed for having affected payroll employment and hours: “However, it is not possible to quantify precisely the net impact of the winter storms on these measures,” the Bureau said in a statement.
At 10 percent, adult men had the highest amount of unemployment, while adult women had 8 percent unemployment. Unemployment rates amongst whites, blacks, Hispanics, and teenagers showed little to no change throughout February.
Throughout the month, the number of long-term unemployed – jobless for 27 weeks or more – was 6.1 million. That figure has held relatively steady since December. Approximately four out of 10 unemployed people have been without work long-term, according to the Bureau. The number of involuntary part-time workers, or those working part-time for economic reasons, increased from 8.3 million in January to 8.8 million in February.