Unemployment rate in August 2005

September 06, 2005

Both the number of unemployed persons and the unemployment rate were little changed in August.

Unemployment rate, August 2004-August 2005
[Chart data—TXT]

The unemployment rate, at 4.9 percent, has trended down by half a percentage point since February. The number of unemployed persons, 7.4 million, was down from 8.0 million in February.

In August, the unemployment rates for most major worker groups—adult men (4.3 percent), teenagers (16.5 percent), whites (4.2 percent), blacks (9.6 percent), and Hispanics or Latinos (5.8 percent)—showed little or no change. The jobless rate for adult women fell to 4.4 percent over the month.

Since February, the number of persons unemployed due to job loss has declined by 490,000, to 3.5 million in August. The decline in this group has accounted for most of the decrease in total unemployment over the period.

These data are from the Current Population Survey and are seasonally adjusted. For more information, see "The Employment Situation: August 2005" (PDF) (TXT), news release USDL 05-1633.

Note: Hurricane Katrina struck Florida and the Gulf Coast after the August survey reference period, and therefore did not affect August unemployment estimates.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate in August 2005 on the Internet at http://www.bls.gov/opub/ted/2005/sept/wk1/art01.htm (visited July 24, 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.