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 http://www.bls.gov/opub/ted/2005/jul/wk2/art01.htm (visited May 26, 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.