Unemployment rate unchanged in June 2008

July 08, 2008

The unemployment rate was 5.5 percent in June 2008, the same as in the previous month. In June 2007, the jobless rate was 4.6 percent.

Unemployment rate, June 2007-June 2008
[Chart data—TXT]

The number of unemployed persons was essentially unchanged in June 2008 compared with May 2008, at 8.5 million.

The unemployment rate for Hispanics increased from May to June, while the rate for adult men continued to trend up. Jobless rates for adult women, teenagers, whites, and blacks showed little or no change in June.

Among the unemployed, the number of persons who had lost their last job was essentially unchanged at 4.4 million in June, but has risen by 952,000 over the past 12 months. The numbers of unemployed reentrants and new entrants to the labor force were little changed in June; both groups had increased sharply in May.

These data are from the Current Population Survey program and are seasonally adjusted. More information can be found in "The Employment Situation: June 2008," (HTML) (PDF) news release USDL 08-0928.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate unchanged in June 2008 on the Internet at http://www.bls.gov/opub/ted/2008/jul/wk1/art02.htm (visited July 28, 2016).

OF INTEREST

Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • 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.