8/9/2019 VIDOL_May 2010 (Labor Force Summary)

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Equal Opportunity Employer/Program

Virgin Islands Labor force Estimates (not seasonally adjusted)Persons 16 years and Older

Change From

Virgin Islands May 2010 Apr 2010 May 2009 Apr 2010 May 2009

Labor Force 51,417 51,484 53,048 (67) (1,631)

Employed 47,347 47,420 49,046 (73) (1,699)

Unemployed 4,070 4,064 4,002 6 68

Unemployment Rates 7.9% 7.9% 7.5% - 0.4

St. Croix

Labor Force 22,305 22,362 23,160 (57) (855)

Employed 20,359 20,391 21,090 (32) (731)

Unemployed 1,946 1,971 2,070 (25) (124)

Unemployment Rates 8.7% 8.8% 8.9% (0.1) (0.2)

St. Thomas/St. John

Labor Force 29,112 29,122 29,888 (10) (776)

Employed 26,988 27,029 27,956 (41) (968)

Unemployed 2,124 2,093 1,932 31 192

Unemployment Rates 7.3% 7.2% 6.5% 0.1 0.8

Labor Force Summary

May 2010

The Virgin Islands unemployment rate for the month of May is 7.9%.

Unemployment remained unchanged in the month of May 2010. The current employment statistics data set

reflected a 0.3% dip from the prior period. This change was primarily in public sector employment, as parttime seasonal employment changed based on semester break. Private sector employment gains were

minimal with 23 jobs added to payrolls. (Source: Current Employment Statistics monthly survey). (Source: VirginIslands VIDOLA$ Unemployment Insurance automated system).

On an over the year analysis for the month of May, payrolls are showing gains, however this factor has

been due to public sector related employment through the decennial census. Private sector employment is

still down, however, initial claims filing has dropped off significantly, and patterns are returning to

seasonal economic trends that occur within the economy. Although, the pace of job loss has slowed, job

creation has remained sluggish and slow, and reflects a continued sign of a slower paced economic

recovery for 2010. (Source: Current Employment Statistics monthly survey).

Note: Employment includes non agricultural wage and salary employment. Data has not been benchmarked. Labor force is comprisedof persons 16 and older who show up in our unemployment insurance wage data working full time or part time and actively seeking

employment through VIDOL. This data set is not comparable with labor force estimates developed as part of the national cooperativeprogram. Virgin Islands estimates reflect the use of prescribed BLS methodology but are not adjusted to an independent estimateprovided through the CPS (Current Population Survey).Source: Virgin Islands Department of Labor unemployment insurance claims data and the current employment statistics monthlysurvey of establishments.Prepared by: VIDOL Bureau of Labor Statistics.

8/9/2019 VIDOL_May 2010 (Labor Force Summary)

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Equal Opportunity Employer/Program

Trend Chart

55.2

5.4

5.6

5.8

6

6.2

6.4

6.6

6.8

7

7.2

7.4

7.6

7.8

8

8.2

8.4

8.6

8.8

May-0 9 Jun -0 9 Jul-0 9 Aug -0 9 Sep -0 9 Oct-0 9 Nov-0 9 Dec-0 9 Jan -1 0 Feb -1 0 Mar-1 0 Ap r-10 May-1 0

Ratio

(s)

Period (s)

May-0 9 Jun -09 Jul-0 9 Aug -0 9 Sep -0 9 Oct-09 Nov-0 9 Dec-09 Jan -1 0 Feb -1 0 Mar-10 Ap r-10 May-1 0

Series1 7.7 8.1 8.2 8.2 8.5 8.5 8.0 7.9 8.0 7.8 8.0 7.9 7.9

Virgin Islands Unemployment Rate Over the Year