Unemployment rate at 9.0 percent in October 2011
November 07, 2011
In October, both the number of unemployed persons (13.9 million) and the unemployment rate (9.0 percent) changed little over the month. The unemployment rate has remained in a narrow range from 9.0 to 9.2 percent since April.
In October, the number of long-term unemployed (those jobless for 27 weeks and over) declined by 366,000 to 5.9 million, or 42.4 percent of total unemployment.
The civilian labor force participation rate remained at 64.2 percent in October, and the employment-population ratio was little changed at 58.4 percent.
The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) decreased by 374,000 to 8.9 million in October. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate at 9.0 percent in October 2011 on the Internet at https://www.bls.gov/opub/ted/2011/ted_20111107.htm (visited August 07, 2020).
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