In one of the New York Time’s Economix blog posts, Motoko Rich
discusses changes in the unemployment rate by industry from February 2011 to
February 2012, as reported by the Bureau of Labor Statistics. While unemployment remained relatively
unchanged at 8.3 percent in February “mainly because more people started – or
resumed – looking for work,” the data released by the Bureau of Labor
Statistics shows quite a bit of variability in unemployment between
industries. For example, as the table
from the Bureau of Labor Statistics above shows, construction experienced a
4.7% decrease (from 21.8 % to 17.1%). Agriculture; information; and mining,
quarrying, and oil and gas extraction all saw increases in unemployment of
1.1%, 1.7% and 1.6% respectively. In
addition to changes in unemployment rate, the rates themselves also vary widely; agricultural workers experienced an unemployment rate of 19.5% while
government workers experienced only 3.9% unemployment.
About TeachingwithData.org
TeachingWithData.org is a partnership between the Inter-university Consortium for Political and Social Research (ICPSR) and the Social Science Data Analysis Network (SSDAN), both at the University of Michigan. The project is funded by NSF Award 0840642, George Alter (ICPSR), PI and William Frey (SSDAN), co-PI.
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