Unemployment rate trending down
July 11, 2005
The jobless rate in June 2005 was 5.0 percent, seasonally adjusted. It has trended downward since February 2005 and is now 1.3 percentage points lower than its most recent high in June 2003.
The number of unemployed persons was little changed over the month at 7.5 million, but is down by 1.7 million since June 2003.
The jobless rates for most major worker groups—adult men (4.3 percent), adult women (4.6 percent), whites (4.3 percent), blacks (10.3 percent), and Hispanics or Latinos (5.8 percent)—showed little or no change in June. The unemployment rate for teenagers edged down to 16.4 percent over the month.
The number of long-term unemployed persons—those unemployed 27 weeks or longer—fell to 1.3 million in June. This group accounted for 17.8 percent of total unemployment, down from 20.1 percent in May.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate trending down on the Internet at https://www.bls.gov/opub/ted/2005/jul/wk2/art01.htm (visited January 20, 2020).
Recent editions of Spotlight on Statistics
- A look at employment and wages in U.S. establishments with foreign ownership
Examines employment and wages in U.S. establishments that have at least one foreign owner with at least 10 percent ownership.
- 25 years of Worker Injury, Illness, and Fatality Case Data
Examines detailed historical data on work-related injuries, illnesses, and fatal injuries.
- Occupational employment projections through the perspective of education and training
Examines employment, projected employment growth, and wages for occupations with different education and training requirements.
- Workers in Alternative Employment Arrangements
A look at independent contractors, on-call workers, temporary help agency workers, and workers provided by contract firms.