January 12, 2011

556,000 No Longer Unemployed as of December 2010

newsDuring the month of December alone, 556,000 people ceased to be unemployed– dropping the unemployment rate by 9.4 percent.  Those who benefited the most from this shift were adult men and white people.  When examining the data, the United States Department of Labor found little change in the unemployment rates of other demographic groups.  One oft-forgotten group that shoulders a staggering unemployment group are the teenagers.  Teenagers constituted as part of the labor force face unemployment rates at 25.4%.

Hopefully when unemployment statistics for January 2011 are announced, those new December jobs will not disappear in a cloud of wrapping paper and tinsel.

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Marie is a writer for Recruiter.com covering career advice, recruitment topics, and HR issues. She has an educational background in languages and literature as well as corporate experience in Human Resources.