March 08, 2005 (The Editor’s Desk is updated each business day.)
Unemployment in February 2005
In February, both the number of unemployed persons, 8.0 million, and the unemployment rate, 5.4 percent, returned to their December levels after dipping in January.
 [Chart data—TXT]
The jobless rate had been either 5.4 or 5.5 percent during each of the last 6 months of 2004.
The unemployment rates for the major worker groups—adult men (4.9 percent), adult women (4.7 percent), teenagers (17.5 percent), whites (4.6 percent), blacks (10.9 percent), and Hispanics or Latinos (6.4 percent)—showed little change between January and February.
The number of long-term unemployed—those unemployed for 27 weeks and over—remained at 1.6 million in February. This group accounted for 1 in 5 unemployed persons.
These data are from the Current Population Survey and are seasonally adjusted. For more information, see
"The Employment Situation: February
2005" (PDF) (TXT),
news release USDL 05-345.
Of interest
Spotlight on Statistics: The Recession of 2007–2009
The most recent recession in the United States began in December 2007 and ended in June 2009, though many of the statistics that describe the U.S. economy have yet to return to their pre-recession values. In this Spotlight, we present BLS data that compare the recent recession to previous recessions.
Read more »
|