Unemployment rate up in March 2008

April 07, 2008

The unemployment rate rose from 4.8 percent in February 2008 to 5.1 percent in March 2008.

Unemployment rate, March 2007-March 2008
[Chart data—TXT]

The number of unemployed persons increased by 434,000 to 7.8 million in March.

Since March 2007, the number of unemployed persons has increased by 1.1 million, and the unemployment rate has risen by 0.7 percentage point.

Over the month, unemployment rates rose for adult men, adult women, and Hispanics. The jobless rates edged up for blacks and whites, while the rate for teenagers was essentially unchanged.

These data are from the Current Population Survey program and are seasonally adjusted. To learn more, see "The Employment Situation: March 2008" (PDF) (HTML), news release USDL 08-0448.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate up in March 2008 on the Internet at http://www.bls.gov/opub/ted/2008/apr/wk1/art01.htm (visited September 25, 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.