Unemployment duration as of July 2003

August 05, 2003

In July, the number of persons unemployed for less than 5 weeks decreased by 279,000, to 2.73 million, representing 30.3 percent of the total unemployed.

Unemployed persons by duration of unemployment, percent distribution, seasonally adjusted, July 2003
[Chart data—TXT]

There were 2.0 million unemployed persons in July who had been looking for work for 27 weeks or longer, about the same level as in June. They represented 21.7 percent of the total unemployed. The average (mean) unemployment duration was 19.3 weeks; the median duration was 10.0 weeks.

The unemployment rate edged down in July. The unemployment rate was 6.2 percent in July; the number of unemployed persons was 9.1 million. Both measures edged down over the month, largely offsetting increases in June.

These data are from the Current Population Survey, a monthly survey of households which provides data on the labor force, employment, unemployment, and persons not in the labor force. Numbers in this article are seasonally adjusted. For more information, see "The Employment Situation: July 2003" (PDF) (TXT), news release USDL. 03-403.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment duration as of July 2003 on the Internet at http://www.bls.gov/opub/ted/2003/aug/wk1/art02.htm (visited August 28, 2016).

OF INTEREST

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.