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Dr Dev Kambhampati | USA Labor Market in Charts

BLS, Labor Market, Employment & Unemployment Trends, Labor Force

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Dr Dev Kambhampati | USA Labor Market in Charts

  1. 1. 1 — U.S. BUREAU OF LABOR STATISTICS • bls.gov Charting the labor market: Data from the Current Population Survey (CPS) July 7, 2017
  2. 2. 2 — U.S. BUREAU OF LABOR STATISTICS • bls.gov Table of contents 1. Civilian labor force 2. Civilian labor force participation rate 3. Civilian employment 4. Employment-population ratio 5. Nonagricultural wage and salary employment 6. Nonagricultural self-employed, unincorporated 7. Part-time workers as a percent of total employed 8. Employed part time for economic reasons 9. Civilian unemployment 10. Civilian unemployment rate 11. Duration of unemployment 12. Long-term unemployed as a percent of total unemployed 13. Reasons for unemployment 14. Job losers by layoff status
  3. 3. 3 — U.S. BUREAU OF LABOR STATISTICS • bls.gov Table of contents—Continued 15. Unemployment rates for adult men, adult women, and teenagers 16. Unemployment rates by race and Hispanic or Latino ethnicity 17. Unemployment rates for persons 25 years and older by educational attainment 18. Persons not in the labor force who want a job 19. Persons not in the labor force, selected indicators 20. Alternative measures of labor underutilization Additional information available in The Employment Situation news release: www.bls.gov/news.release/pdf/empsit.pdf Browse labor force concepts and data by subject: www.bls.gov/cps/cpsaz.htm
  4. 4. 4 — U.S. BUREAU OF LABOR STATISTICS • bls.gov4 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 1. Civilian labor force Seasonally adjusted, 1990–2017 115,000 120,000 125,000 130,000 135,000 140,000 145,000 150,000 155,000 160,000 165,000 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 115,000 120,000 125,000 130,000 135,000 140,000 145,000 150,000 155,000 160,000 165,000 Numbers in thousands Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS11000000.
  5. 5. 5 — U.S. BUREAU OF LABOR STATISTICS • bls.gov5 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 2. Civilian labor force participation rate Seasonally adjusted, 1990–2017 61.0 62.0 63.0 64.0 65.0 66.0 67.0 68.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 61.0 62.0 63.0 64.0 65.0 66.0 67.0 68.0 Percent Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS11300000. June 2017 62.8 percent
  6. 6. 6 — U.S. BUREAU OF LABOR STATISTICS • bls.gov6 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 3. Civilian employment Seasonally adjusted, 1990–2017 115,000 120,000 125,000 130,000 135,000 140,000 145,000 150,000 155,000 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 115,000 120,000 125,000 130,000 135,000 140,000 145,000 150,000 155,000 Numbers in thousands Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS12000000.
  7. 7. 7 — U.S. BUREAU OF LABOR STATISTICS • bls.gov7 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 4. Employment-population ratio Seasonally adjusted, 1990–2017 57.0 58.0 59.0 60.0 61.0 62.0 63.0 64.0 65.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 57.0 58.0 59.0 60.0 61.0 62.0 63.0 64.0 65.0 Percent Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS12300000. June 2017 60.1 percent
  8. 8. 8 — U.S. BUREAU OF LABOR STATISTICS • bls.gov8 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 5. Nonagricultural wage and salary employment Seasonally adjusted, 1990–2017 100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 140,000 145,000 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 140,000 145,000 Numbers in thousands Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS12032187. .
  9. 9. 9 — U.S. BUREAU OF LABOR STATISTICS • bls.gov9 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 6. Nonagricultural self-employed, unincorporated Seasonally adjusted, 1990–2017 7,500 8,000 8,500 9,000 9,500 10,000 10,500 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 7,500 8,000 8,500 9,000 9,500 10,000 10,500 Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS12032192. Numbers in thousands
  10. 10. 10 — U.S. BUREAU OF LABOR STATISTICS • bls.gov10 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 7. Part-time workers as a percent of total employed Seasonally adjusted, 1990–2017 15.0 16.0 17.0 18.0 19.0 20.0 21.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 15.0 16.0 17.0 18.0 19.0 20.0 21.0 Percent Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Beginning in 1994, data reflect the introduction of a major redesign of the Current Population Survey. Data online at https://data.bls.gov/timeseries/LNS12692153.
  11. 11. 11 — U.S. BUREAU OF LABOR STATISTICS • bls.gov11 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 8. Employed part time for economic reasons Seasonally adjusted, 1990–2017 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 Numbers in thousands Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Beginning in 1994, data reflect the introduction of a major redesign of the Current Population Survey. Data online at https://data.bls.gov/timeseries/LNS12032194.
  12. 12. 12 — U.S. BUREAU OF LABOR STATISTICS • bls.gov12 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 9. Civilian unemployment Seasonally adjusted, 1990–2017 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 Numbers in thousands Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS13000000.
  13. 13. 13 — U.S. BUREAU OF LABOR STATISTICS • bls.gov13 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 10. Civilian unemployment rate Seasonally adjusted, 1990–2017 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 Percent Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS14000000. June 2017 4.4 percent
  14. 14. 14 — U.S. BUREAU OF LABOR STATISTICS • bls.gov14 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 11. Duration of unemployment Seasonally adjusted, 1990–2017 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 Numbers in thousands Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS13008396&series_id=LNS13008756&series_id=LNS13008876&series_id=LNS13008636. 27 weeks and over Less than 5 weeks 5 to 14 weeks 15 to 26 weeks
  15. 15. 15 — U.S. BUREAU OF LABOR STATISTICS • bls.gov15 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 12. Long-term unemployed as a percent of total unemployed Seasonally adjusted, 1990–2017 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0 50.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0 50.0 Percent Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS13025703. Percent unemployed 27 weeks and over
  16. 16. 16 — U.S. BUREAU OF LABOR STATISTICS • bls.gov16 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 13. Reasons for unemployment Seasonally adjusted, 1990–2017 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS13023621&series_id=LNS13023705&series_id=LNS13023557&series_id=LNS13023569. Job losers New entrants Job leavers Reentrants Numbers in thousands
  17. 17. 17 — U.S. BUREAU OF LABOR STATISTICS • bls.gov17 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 14. Job losers by layoff status Seasonally adjusted, 1990–2017 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 Numbers in thousands Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS13025699&series_id=LNS13023653. Not on temporary layoff On temporary layoff
  18. 18. 18 — U.S. BUREAU OF LABOR STATISTICS • bls.gov18 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 15. Unemployment rates for adult men, adult women, and teenagers Seasonally adjusted, 1990–2017 0.0 5.0 10.0 15.0 20.0 25.0 30.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0.0 5.0 10.0 15.0 20.0 25.0 30.0 Percent Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS14000025&series_id=LNS14000026&series_id=LNS14000012. Adult men (20 years and over) Teenagers (16 to 19 years) Adult women (20 years and over)
  19. 19. 19 — U.S. BUREAU OF LABOR STATISTICS • bls.gov19 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 16. Unemployment rates by race and Hispanic or Latino ethnicity Seasonally adjusted, 1990–2017 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 Percent Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Persons of Hispanic or Latino ethnicity could be of any race. Seasonally adjusted data for Asians are not available before 2003. Data online at https://data.bls.gov/timeseries/LNS14000003&series_id=LNS14000006&series_id=LNS14032183&series_id=LNS14000009. Whites Hispanics or Latinos Blacks or African Americans Asians
  20. 20. 20 — U.S. BUREAU OF LABOR STATISTICS • bls.gov20 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 17. Unemployment rates for persons 25 years and older by educational attainment Seasonally adjusted, 1992–2017 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 Percent Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS14027659&series_id=LNS14027660&series_id=LNS14027689&series_id=LNS14027662. Some college or associate degree High school graduates, no college Bachelor’s degree and higher Less than a high school diploma
  21. 21. 21 — U.S. BUREAU OF LABOR STATISTICS • bls.gov21 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 18. Persons not in the labor force who want a job Seasonally adjusted, 1994–2017 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 Numbers in thousands Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNS15026639.
  22. 22. 22 — U.S. BUREAU OF LABOR STATISTICS • bls.gov22 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 19. Persons not in the labor force, selected indicators Not seasonally adjusted, 1994–2017 0 500 1,000 1,500 2,000 2,500 3,000 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0 500 1,000 1,500 2,000 2,500 3,000 Numbers in thousands Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data online at https://data.bls.gov/timeseries/LNU05026642&series_id=LNU05026645. Discouraged Marginally attached
  23. 23. 23 — U.S. BUREAU OF LABOR STATISTICS • bls.gov23 — U.S. BUREAU OF LABOR STATISTICS • bls.gov/cps Chart 20. Alternative measures of labor underutilization Seasonally adjusted, 1994–2017 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 Percent Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). Data onlineat https://data.bls.gov/timeseries/LNS13025670&series_id=LNS14023621&series_id=LNS14000000&series_id=LNS13327707 and at https://data.bls.gov/timeseries/LNS13327708&series_id=LNS13327709. . U-4 U-1 U-2 U-6 U-3 Unemployment rate U-5 U-6 U-5 U-3 U-4 U-2 U-1

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