The Unemployment Rate For June Rose BY 0.1% To 5.9%

 

The Labor Department released its unemployment statistics for June on Friday. It showed that that 850,000 workers went back to work in June. But the size of the civilian work force rose by 151,000 and the number of unemployed workers rose by 168,000 -- combining to cause a small jump in the unemployment rate of 0.1% to 5.9% for the month.

Here are the relevant statistics for June of 2021:

SIZE OF THE CIVILIAN WORK FORCE:

161,086,000

OFFICIAL NUMBER OF UNEMPLOYED WORKERS:

9,484,000

OFFICIAL UNEMPLOYMENT RATE:

5.9%

DEMOGRAPHIC BREAKDOWN OF OFFICIAL UNEMPLOYMENT RATE:

Adult men...............5.9%

Adult women...............5.5%

Teens (16-19)...............9.9%

White...............5.2%

Black...............9.2%

Asian...............5.8%

Hispanic...............7.4%

Less than HS diploma...............10.2%

HS graduate...............7.0%

Some college...............5.8%

Bachelor's deg. or more...............3.5%

MARGINALLY-ATTACHED WORKERS (unemployed but not counted in official total):

1,830,000

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

11,314,000

MORE REALISTIC UNEMPLOYMENT RATE:

7.02%