Fewer experience unemployment
December 27, 2005
The number of persons who experienced some unemployment in 2004 fell by 1.4 million from 2003, to 15.1 million.
At 9.7 percent in 2004, the "work-experience unemployment rate" was down by 1.0 percentage point from 2003. The rate is low by historical standards, but is above the series low of 8.6 percent reached in 2000. The rate for blacks in 2004, 14.4 percent, was higher than the rates for Hispanics or Latinos (10.9 percent), whites (9.0 percent), and Asians (8.0 percent).
In 2004, among those who experienced unemployment, the median number of weeks spent looking for work was 14.9 weeks, down from 16.6 weeks in 2003. About 2.6 million individuals had looked for a job but did not work at all in 2004, down from 2.8 million a year earlier.
These data are based on information collected in the Annual Social and Economic Supplement to the Current Population Survey (CPS). The "work-experience unemployment rate" is the number unemployed at some time during the year as a proportion of the number who worked or looked for work during the year. For more information, see news release USDL 05-2353, "Work Experience of the Population in 2004" (PDF) (TXT).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Fewer experience unemployment on the Internet at http://www.bls.gov/opub/ted/2005/dec/wk4/art01.htm (visited July 29, 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.