Unemployment in October 2007
November 06, 2007
The number of unemployed persons, at 7.2 million, was unchanged in October, and the unemployment rate held at 4.7 percent.
A year earlier, the number of unemployed persons was 6.7 million, and the jobless rate was 4.4 percent.
In October, unemployment rates for the major worker groups—adult men (4.3 percent), adult women (4.1 percent), teenagers (15.6 percent), whites (4.2 percent), blacks (8.5 percent), and Hispanics (5.6 percent)—showed little or no change.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment in October 2007 on the Internet at http://www.bls.gov/opub/ted/2007/nov/wk1/art02.htm (visited August 28, 2015).
Recent editions of Spotlight on Statistics
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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.