Unemployment and labor force participation at the end of 2007
January 08, 2008
In December 2007, the number of unemployed persons was 7.7 million and the unemployment rate was 5.0 percent. A year earlier, the number of unemployed persons was 6.8 million, and the jobless rate was 4.4 percent.
The labor force participation rate was 66.0 percent in December 2007 and was 0.4 percentage point lower than a year earlier.
The employment-population ratio was 62.7 percent in December 2007; it declined by 0.7 percentage point over the year.
The data in this report are from the Current Population Survey and are seasonally adjusted. For more information, see "The Employment Situation: December 2007" (PDF) (TXT), news release USDL 08-0013.
Recent editions of Spotlight on Statistics
- Fatal Injuries to Foreign-Born Hispanic or Latino Workers
Explores the industries, occupations, and events related to these fatalities.
- For-Profit, Nonprofit, and Government Sector Jobs in 2022
Compares the labor force characteristics and experiences of workers in the for-profit, nonprofit, government, and self-employed sectors.
- Union Membership, Activity, and Compensation in 2022
Focuses on trends in union membership, work stoppages, and pay and benefits among union members.
- A Look at a Neat Industry: Distilleries
Examines trends in employment, establishments, wages, and consumer prices for distilleries.
- Healthcare Occupations: Characteristics of the Employed
Compares the demographic characteristics of workers in healthcare occupations.