Unemployment rate decreases in January 2005
February 07, 2005
Both the number of unemployed persons, 7.7 million, and the unemployment rate, 5.2 percent, declined in January 2005.
From December 2004 to January 2005, the unemployment rates for adult men (4.7 percent), whites (4.4 percent), and Hispanics or Latinos (6.1 percent) edged down, while the rates for adult women (4.6 percent), teenagers (16.3 percent), and blacks or African Americans (10.6 percent) showed little change.
The number of long-term unemployed—those unemployed 27 weeks and over—was about unchanged over the month. This group accounted for 20.9 percent of the unemployed.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate decreases in January 2005 on the Internet at https://www.bls.gov/opub/ted/2005/feb/wk1/art01.htm (visited January 26, 2021).
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