Unemployment and labor force participation at the end of 2006
January 09, 2007
In December 2006, the number of unemployed persons was 6.8 million and the unemployment rate was 4.5 percent. Over the year, these measures declined from 7.3 million and 4.9 percent, respectively.
From December 2005 to December 2006, the labor force grew by 2.7 million to 152.8 million and the labor force participation rate rose by 0.4 percentage point to 66.4 percent.
The employment-population ratio in December 2006, at 63.4 percent, was 0.6 percentage point higher than a year earlier.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment and labor force participation at the end of 2006 on the Internet at http://www.bls.gov/opub/ted/2007/jan/wk2/art02.htm (visited October 05, 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.