The Bureau of Labor Statistics on Friday released a report that shows the unemployment rate exceeding 94 million for the second time in a row, hitting an all-time high.
The data is based on people that are 16 years old and over. The statistics, pulled from the labor force in September, shows the individuals who were not employed and never made any specific efforts to find work over the past four weeks.
Compared to the recent record in August of 94,031,000 people out of work, the numbers increased 579,000 in September. In the past two months the labor force participation rate went from 62.2 percent to 62.4 percent in September, the lowest rate in 38 years.
"In September, 1.9 million persons were marginally attached to the labor force, down by 305,000 from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job some time in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey," according to the reports.
Also, in September the civilian labor force was 156,715,000, which was a strong decline since the August numbers were reported at 157,065,000, reported Breitbart.
A breakdown of the numbers reported last month have revealed that 148,800,000 people were employed, 7,915,000 were unemployed and 5,955,000 were looking for work.
The Labor Department said the economy has successfully added 142,000 non-farm-related payroll jobs just in September alone and the 5.1 unemployment rate hasn't changed, according to CNS News.
