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The number of long-term unemployed (those jobless for 27 weeks or more) was virtually unchanged at 1.5 million in August 2024. The long-term unemployed accounted for 21.3 percent of all unemployed people in August 2024, compared with 20.6 percent in August 2023, and 19.4 percent in August 2022.
read full article »Total employer compensation costs for workers in hospitals averaged $67.64 per hour worked in June 2024. Wages and salaries averaged $44.73 per hour worked and accounted for 66.1 percent of employer costs, while benefit costs averaged $22.90 per hour worked and accounted for the remaining 33.9 percent.
As we celebrate Hispanic Heritage Month, BLS data help us highlight the U.S. labor force participation of people who identify their ethnicity as Hispanic or Latino. Since 2000, the employment–population ratio (the percentage of the population that is employed) for Hispanics or Latinos has typically been higher than the ratio for the total U.S. population.
From August 2023 to August 2024, the Consumer Price Index for All Urban Consumers (CPI-U) rose 2.5 percent, the smallest over-the-year increase since the 12 months ending March 2021.