Jobless rate drops to 5.7 percent in January 2003
February 10, 2003
The unemployment rate fell to 5.7 percent in January; the number of unemployed persons was 8.3 million.
The seasonally-adjusted jobless rates for major demographic groups were as follows: adult men (5.4 percent), adult women (4.7 percent), teenagers (16.8 percent), whites (5.1 percent), blacks or African Americans (10.3 percent), and Hispanics or Latinos (7.8 percent).
The unemployment rate for Asians, a newly available series, was 5.6 percent, not seasonally adjusted.
These data are the product of the recently enhanced Current Population Survey (CPS). Several major changes affect the Current Population Survey (household survey) data: new population controls that reflect Census 2000 results and new information about net migration, the use of new questions about race and Hispanic ethnicity, the introduction of new industry and occupational classifications, improvements in seasonal adjustment procedures, and the annual update of seasonal adjustment factors. For more information on current unemployment, see The Employment Situation: January 2003 (PDF) (TXT).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Jobless rate drops to 5.7 percent in January 2003 on the Internet at http://www.bls.gov/opub/ted/2003/feb/wk2/art01.htm (visited May 27, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.