Fewer experience unemployment
December 27, 2005
The number of persons who experienced some unemployment in 2004 fell by 1.4 million from 2003, to 15.1 million.
At 9.7 percent in 2004, the "work-experience unemployment rate" was down by 1.0 percentage point from 2003. The rate is low by historical standards, but is above the series low of 8.6 percent reached in 2000. The rate for blacks in 2004, 14.4 percent, was higher than the rates for Hispanics or Latinos (10.9 percent), whites (9.0 percent), and Asians (8.0 percent).
In 2004, among those who experienced unemployment, the median number of weeks spent looking for work was 14.9 weeks, down from 16.6 weeks in 2003. About 2.6 million individuals had looked for a job but did not work at all in 2004, down from 2.8 million a year earlier.
These data are based on information collected in the Annual Social and Economic Supplement to the Current Population Survey (CPS). The "work-experience unemployment rate" is the number unemployed at some time during the year as a proportion of the number who worked or looked for work during the year. For more information, see news release USDL 05-2353, "Work Experience of the Population in 2004" (PDF) (TXT).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Fewer experience unemployment on the Internet at https://www.bls.gov/opub/ted/2005/dec/wk4/art01.htm (visited January 28, 2021).
Recent editions of Spotlight on Statistics
- Occupational Employment and Wages in Metro and Nonmetro Areas
Examines similarities and differences in employment and wages between metro and nonmetro areas.
- Gulf War Era Veterans in the Labor Force
Examines the demographic, employment, and unemployment characteristics of civilians who served in the U.S. military during Gulf War era.
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.