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5 Unemployed Workers for Each Available Job in US


As of June 2010, there are five people competing for every available job in America.  There are about three million job openings while there are approximately 15 million people unemployed. 


The data for the national estimates were provided by the US Bureau of Labor Statistics.  Due to small sampling size, there is no federal or state source of data available to estimate the number of job openings at the state level.

 

The number of unemployed workers looking for a job would actually be more than five if you counted those workers who’ve given up looking for a job.  Furthermore, there are millions of part-time workers who are not technically counted in the above total, but if a full-time job were available, they would take it. 

 

The US unemployment rate is 9.5 percent, but the total unemployment rate including discouraged workers and part-time workers who would prefer full time work is 16.5 percent.  

 

Workforce West Virginia released their unemployment figures for July 2010 and has reported a one-tenth increase in the seasonally-adjusted unemployment rate.  It now stands at 8.6 percent. 

 

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