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October 2010 Employment Statistics

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What They Signal for the Future of this Recovery and for Urban Communities

Despite nine consecutive months of private job growth (averaging 95,889 jobs per month), the unemployment rate remains stubbornly high (9.6% in September) with 14.8 million people unemployed and another 9.5 million people underemployed, or working part time because they were unable to secure full time employment. What will October’s report reveal about the status of the recovery?

Thank you for joining us on Friday, November 5, 2010 from 2-3pm for the live chat hosted by Dr. Valerie Rawlston Wilson, economist at the National Urban League, where we discussed the newly released October employment statistics and what they signal for the future of this recovery and for urban communities.

The October 2010 Employment report, along with other timely reports on unemployment insurance, how job creation reduces the deficit and
NUL’s 6-point Job Creation Plan
are available at the State of Urban Jobs website.

Check Out the Questions and Answers from the Live Chat Below!

Dr. Valerie Rawlston Wilson is an economist and Vice President of Research at the National Urban League Policy Institute where she is responsible for planning and directing the Policy Institute’s Research Agenda. She is one of the primary architects of the National Urban League’s Plan for Putting Americans Back to Work, a bold 6-point job creation plan for urban America. Dr. Wilson has served as Managing Editor and Associate Editor of The State of Black America report and is staff director and ex-officio member of the National Urban League President’s Council of Economic Advisors, designed to assist the League in shaping national economic policy. Her fields of specialization include labor economics, economics of higher education, poverty and racial inequality. Dr. Wilson earned a PhD in economics from the University of North Carolina at Chapel Hill.

Additional information:

 

Related Census Bureau statistics and analysis can be viewed on our State of Urban Jobs home page. The State of Urban Jobs provides information and analysis of key economic indicators from the perspective of the urban community. The project was launched in 2010 by Iamempowered.com and the National Urban League’s Policy Institute, to bring the Institute’s esteemed research, policy analysis and publications online. Through such activities as the annual Legislative Policy Conference and the publication of The State of Black America the Policy Institute provides a foundation from which to advocate on behalf of African Americans and urban communities. The Institute’s extensive collection of reports, fact sheets and publications is made available in one location for scholars, policy analysts, policymakers and advocacy groups, along with tools and information for entrepreneurs, job seekers, and those seeking information on the emerging green economy.