http://flaglerlive.com/68308/us-unemployment-june-2014/When the under-employed and those who have dropped out of the workforce are included in the tabulation, the unemployment and under-employment rate is 12.1 percent nationally, according to the Bureau of Labor Statistics. That’s a slight improvement over last month’s 12.2 percent rate, and a considerable improvement over the year-ago rate of 14.2 percent. In Florida, the unemployment and under-employment rate is 14.3 percent, well above the national average.
Nationally, the number of long-term unemployed (jobless for 27 weeks or more) declined by 293,000 in June to 3.1 million. These individuals accounted for 32.8 percent of the unemployed. Over the past 12 months, the number of long-term unemployed has decreased
by 1.2 million. The civilian labor force participation rate, however–an indication of underlying strengths of the job market–was 62.8 percent for the third consecutive month, and still well below the 66 percent average of pre-recession months. The employment-population ratio, at 59 percent, ticked up by a decimal point, but remains below its January 2007 peak of 63.3 percent.
