Unemployment rate rose sharply in August
September 10, 2001
The unemployment rate rose by 0.4 percentage point to 4.9 percent in August, the highest level since September 1997.
The jobless rate had been about 4.5 percent since April. Its most recent low was 3.9 percent in October 2000.
The number of unemployed persons increased by more than half a million to nearly 7 million in August. The unemployment rates for most major worker groups were up over the month.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate rose sharply in August on the Internet at http://www.bls.gov/opub/ted/2001/sept/wk2/art01.htm (visited August 01, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.