Unemployment and labor force participation at the end of 2006

January 09, 2007

In December 2006, the number of unemployed persons was 6.8 million and the unemployment rate was 4.5 percent. Over the year, these measures declined from 7.3 million and 4.9 percent, respectively.

Unemployment rate, seasonally adjusted, January 2004-December 2006
[Chart data—TXT]

From December 2005 to December 2006, the labor force grew by 2.7 million to 152.8 million and the labor force participation rate rose by 0.4 percentage point to 66.4 percent.

The employment-population ratio in December 2006, at 63.4 percent, was 0.6 percentage point higher than a year earlier.

The data in this report are from the Current Population Survey and are seasonally adjusted. For more information, see "The Employment Situation: December 2006" (PDF) (TXT), news release USDL 07-0003.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment and labor force participation at the end of 2006 on the Internet at http://www.bls.gov/opub/ted/2007/jan/wk2/art02.htm (visited November 28, 2014).

OF INTEREST

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