Unemployment rate trending down
July 11, 2005
The jobless rate in June 2005 was 5.0 percent, seasonally adjusted. It has trended downward since February 2005 and is now 1.3 percentage points lower than its most recent high in June 2003.
The number of unemployed persons was little changed over the month at 7.5 million, but is down by 1.7 million since June 2003.
The jobless rates for most major worker groups—adult men (4.3 percent), adult women (4.6 percent), whites (4.3 percent), blacks (10.3 percent), and Hispanics or Latinos (5.8 percent)—showed little or no change in June. The unemployment rate for teenagers edged down to 16.4 percent over the month.
The number of long-term unemployed persons—those unemployed 27 weeks or longer—fell to 1.3 million in June. This group accounted for 17.8 percent of total unemployment, down from 20.1 percent in May.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate trending down on the Internet at http://www.bls.gov/opub/ted/2005/jul/wk2/art01.htm (visited October 22, 2014).
Three recent editions of Spotlight on Statistics
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.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.