Unemployment rate decreases in January 2005
February 07, 2005
Both the number of unemployed persons, 7.7 million, and the unemployment rate, 5.2 percent, declined in January 2005.
From December 2004 to January 2005, the unemployment rates for adult men (4.7 percent), whites (4.4 percent), and Hispanics or Latinos (6.1 percent) edged down, while the rates for adult women (4.6 percent), teenagers (16.3 percent), and blacks or African Americans (10.6 percent) showed little change.
The number of long-term unemployed—those unemployed 27 weeks and over—was about unchanged over the month. This group accounted for 20.9 percent of the unemployed.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate decreases in January 2005 on the Internet at http://www.bls.gov/opub/ted/2005/feb/wk1/art01.htm (visited April 27, 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.