The Unemployment Rate Stays At 4.3% For Second Month In A Row

The Labor Department released its monthly unemployment report on Friday. It showed the economy produced about 115,000 jobs in April. While not great, that was enough to keep the unemployment rate at 4.3%.

Here are the relevant statistics for the month of April:

SIZE OF THE CIVILIAN WORK FORCE:

169,995,000

OFFICIAL NUMBER OF UNEMPLOYED WORKERS:

7,373,000

OFFICIAL UNEMPLOYMENT RATE:

4.3%

DEMOGRAPHIC BREAKDOWN OF OFFICIAL UNEMPLOYMENT:

Adult men...............4.0%

Adult women...............3.9%

Teens (16-19)...............14.4%

Whites...............3.7%

Blacks...............7.3%

Asians...............3.3%

Hispanics...............5.0%

NO HS diploma...............6.4%

HS graduate...............4.7%

Some college...............3.2%

Bachelor's deg. or more,,,,,,,,,,,,,,,2.8%

NUMBER OF MARGINALLY-ATTACHED WORKERS (unemployed but no longer counted):

1,792,000

MORE REALISTIC NUMBER OF UNEMPLOYED WORKERS (official + marginally-attached):

9,165,000

MORE REALISTIC UNEMPLOYMENT RATE:

5.39%