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Unemployment rate in the United States by occupation in August 2014
|Construction and extraction occupations||8.7%|
|Farming, fishing, and forestry occupations||8.6%|
|Transportation and material moving occupations||7.6%|
|Office and administrative support occupations||6%|
|Sales and related occupations||5.6%|
|Installation, maintenance, and repair occupations||4.8%|
|Professional and related occupations||3.9%|
|Management, business, and financial operations occupations||2.6%|
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The statistic shows the unemployment rate by occupation for the month of August 2014 in the US. Service occupations had an unemployment rate of 7.6 percent in the same month.
Unemployment by occupation in the U.S.
In August of 2013 the United States Bureau of Labor Statistics—the principle fact-finding agency for the U.S. Federal Government in labor economics and statistics—published data on the unemployment rate within certain occupations in the United States for the month of July 2013. According to data released, construction and extraction occupations experienced the highest level of unemployment that month, with a rate of around 10.8 percent. Second ranked were production occupations with a rate of around 9.30 percent. Total (not seasonally adjusted) unemployment was reported at 7.70 percent. Other data on the U.S. unemployment rate by industry and class of worker shows comparable results.
It should be noted that the data were not seasonally adjusted to account for normal seasonal fluctuations in unemployment. The monthly unemployment by occupation data can be compared to the seasonally adjusted monthly unemployment rate. In July 2013, the seasonally adjusted unemployment rate was 7.40 percent, down from 8.20 percent in July 2012. The annual unemployment rate in 2012 was 8.10 percent, down from a high of 9.60 in 2010.
Unemployment in the United States appears to be trending downward, a good sign of economic improvement. Some analysts, though, remain skeptical, citing the labor force participation rate as a reason to temper the significance of the unemployment rate as an indicator of economic recovery. Individuals who opt to leave the workforce and stop looking for employment are not included among the unemployed. The civilian labor force participation rate in the U.S. fell to only 63.7 percent in 2012, down from 67.10 percent in 2000, before the financial crisis.
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