Unemployment down to 9.4%
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Some job growth was seen in December and the unemployment rate is ow 9.4%. That still means that 14.5 million people are unemployed in the United States. This does not take into account the underemployed (such as those in part time sales jobs or seasonal workers). According to the Bureau of Labor Statistics:
The number of persons employed part time for economic reasons (some-
times referred to as involuntary part-time workers) was essentially
unchanged in December at 8.9 million. These individuals were working
part time because their hours had been cut back or because they were
unable to find a full-time job.
It still seems we have a long road ahead of us.
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