Unemployment in 2007
April 23, 2008
The number of unemployed persons was 7.4 million in the fourth quarter of 2007, an increase of 600,000 compared with the level in the fourth quarter of 2006.
The unemployment rate for persons aged 16 years and older was 4.8 percent in the fourth quarter of 2007, up from 4.4 percent in the same quarter a year earlier; it remained below the 10-year averages for the 1970s, 1980s, and 1990s.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment in 2007 on the Internet at http://www.bls.gov/opub/ted/2008/apr/wk3/art03.htm (visited November 29, 2015).
Recent editions of Spotlight on Statistics
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.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.