Fewer individuals experienced unemployment in 1998
February 10, 2000
Of the 146.6 million persons who worked or looked for work at some time in 1998, 14.0 million experienced some unemployment during the year. This compares with the 15.6 million who experienced unemployment in 1997 (out of 145.3 million persons).
Dividing the number who experienced unemployment at some point during the year by the total number who worked or looked for work yields the "work-experience unemployment rate." In 1998, this rate was 9.6 percent—in 1997, the rate was 10.8 percent.
The "work-experience unemployment rate" for blacks, 14.5 percent, was higher than the rates for either Hispanics (12.7 percent) or whites (8.9 percent). In 1998, the difference between the rates for men (9.5 percent) and women (9.7 percent) was negligible. Rates decreased for all five of these demographic groups between 1997 and 1998.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Fewer individuals experienced unemployment in 1998 on the Internet at http://www.bls.gov/opub/ted/2000/feb/wk2/art04.htm (visited December 20, 2014).
Three recent editions of Spotlight on Statistics
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.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.