Fewer families experienced unemployment in 1998
June 01, 1999
Of the Nation’s 70.2 million families, 6.4 percent reported having an unemployed member in 1998. This was a decline of 0.6 percentage point from 1997. In absolute terms, the number of families with an unemployed member in an average week fell by 394,000.
The share of families with an unemployed member was higher among blacks and Hispanics than among whites in both years. Black families experienced the largest drop in unemployment between 1997 and 1998, from 13.3 percent of families to 11.8 percent.
Of the 4.5 million families with an unemployed member in 1998, 3.2 million also had at least one member employed. At 70.6 percent, the share of families with an unemployed member that also contained at least one employed member rose 0.5 percentage point from 1997.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Fewer families experienced unemployment in 1998 on the Internet at http://www.bls.gov/opub/ted/1999/jun/wk1/art01.htm (visited March 27, 2015).
Three recent editions of Spotlight on Statistics
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.