Employment situation changed little in May
June 04, 2001
Nonfarm employment and the unemployment rate were little changed in May. Manufacturing had another large job loss, which was mostly offset by employment gains in other industries, including services, construction, and finance, insurance, and real estate.
Both the number of unemployed persons (6.2 million) and the unemployment rate (4.4 percent) were little changed in May. The unemployment rate was half a percentage point higher than its recent low of 3.9 percent.
Manufacturing employment dropped by 124,000 in May. Since last July, job losses in manufacturing have totaled 675,000, with more than two-thirds of the decline occurring since December. Declines in manufacturing employment were widespread in May.
The Current Employment Statistics program produced the nonfarm payroll employment data. Unemployment data are the product of the Current Population Survey. Find out more about employment and unemployment developments in May in "The Employment Situation: May 2001," news release USDL 01-157.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment situation changed little in May on the Internet at http://www.bls.gov/opub/ted/2001/june/wk1/art01.htm (visited July 28, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.