In February, More People Employed -- and Unemployed
(CNSNews.com) - The nation's civilian unemployment rate ticked up a tenth of a point in February to 6.7 percent from 6.6 percent in January, as the economy added 175,000 jobs -- up from the 129,000 (revised number) in January.
The number of employed Americans edged up from 145.22 million in January to 145.26 in February. But the number of unemployed also rose.
The Labor Department said 10.46 million people were unemployed in February, meaning they did not have a job during the month but they were actively seeking one. That's up from the 10.24 million unemployed people in January.
The number of long-term unemployed (those jobless for 27 weeks or more) increased by 203,000 in February to 3.8 million; these individuals accounted for 37.0 percent of the unemployed.
Among the major worker groups, the unemployment rates for adult men (6.4 percent), adult women (5.9 percent), teenagers (21.4 percent), whites (5.8 percent), blacks (12.0 percent), and Hispanics (8.1 percent) showed little or no change in February. The jobless rate for Asians was 6.0 percent (not seasonally adjusted), about unchanged over the year.
The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed at 7.2 million in February. These individuals were working part time because their hours had been cut back or because they were unable to find full-time work.
House Speaker John Boehner (R-Ohio) said although it's good news that more Americans found work last month, many other have been waiting "more than five years" for an answer to the question, 'where are the jobs." President Obama has let them down, Boehner said, by offering a "disastrous health law that’s raising costs, hurting seniors, and making it harder for small businesses to hire."
Boehner also said Obama's "failed energy policy" and a budget that spends and taxes too much are additional dampers on jobs.
Boehner noted that House Republicans have passed dozens of jobs bills that are languishing in the Senate.