Home Business and Economy: Unemployment rate remains at 6.1 percent
Local

Business and Economy: Unemployment rate remains at 6.1 percent

Chris Graham

Story by Chris Graham
[email protected]

Unemployment held at 6.1 percent in September, completing a 12-month cycle that saw the ranks of the unemployed grow by 2.2 million Americans.

Among the interesting tidbits in the data released by the U.S. Department of Labor this morning:

– The number of long-term unemployed (those jobless for 27 weeks or more) stands at 2 million, more than 700,000 people higher than September 2007.

– Unemployment among African-Americans was at 11.4 percent; among Hispanics it was 7.8 percent; among whites it was 5.4 percent; and among Asians it was 3.8 percent.

– Overall, 9.4 million Americans seeking employment are currently out of work.

– The number of Americans working part-time for economic reasons rose by 337,000 to 6.1 million in September. That is an increase of 1.6 million since September 2007.

Multimedia

 




Chris Graham

Chris Graham

Chris Graham is the founder and editor of Augusta Free Press. A 1994 alum of the University of Virginia, Chris is the author and co-author of seven books, including Poverty of Imagination, a memoir published in 2019. For his commentaries on news, sports and politics, go to his YouTube page, TikTok, BlueSky, or subscribe to his Street Knowledge podcast. Email Chris at [email protected].

Latest News

football grades
UVA Football

UVA Football re-enters the national rankings, at #25 in both polls

Northrop Grumman logo
Local

New group organizes to lead the fight about Northrop Grumman pollution

A new group calling itself the Valley Environmental Justice Alliance has organized with hopes of being able to push the Virginia DEQ and our own Waynesboro City Council to protect the city from Northrop Grumman.

uva football kam robinson
UVA Football

UVA Football: Kam Robinson ‘ready to roll’ for Norfolk State on Friday night

Preseason All-ACC linebacker Kam Robinson will be “ready to roll” for Friday night’s Week 2 game with Norfolk State, UVA Football coach Tony Elliott confirmed today, in his weekly pregame press conference.

westwood hills elementary school
Local

Westwood Hills Elementary School to remain closed on Wednesday

dabo swinney clemson
Football

Dabo Swinney is about to read ‘The Guy in the Glass’ to us after a presser

acc football replay
Football

ACC announces Football Players of the Week: No Hokies, somehow

lars tiffany uva lacrosse
UVA Olympic Sports

UVA loses big at hearing in Lars Tiffany case, might want to think about settling