March 26, 2017

Breaking Down the Unemployment Rate

While the unemployment rate increased to 9.6% in August, 67,000 jobs were gained in the private sector. The private industry with the highest increase of jobs was education and health services, whereas the private industry with the highest decrease of jobs was manufacturing, as the first chart below shows.

In regards to the unemployment rate among demographics, men have a higher unemployment rate than women. Additionally, the group with the highest unemployment rate is Blacks, while the group with the lowest unemployment rate is Asians, as the second chart below shows.

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