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The number of unemployed persons was 7.4 million in the fourth quarter of 2007, an increase of 600,000 compared with the level in the fourth quarter of 2006.
The unemployment rate for persons aged 16 years and older was 4.8 percent in the fourth quarter of 2007, up from 4.4 percent in the same quarter a year earlier; it remained below the 10-year averages for the 1970s, 1980s, and 1990s.
These data are from the Current Population Survey. To learn more, see "Household survey indicators weaken in 2007," (PDF) by James Marschall Borbely, Monthly Labor Review, March 2008.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment in 2007 at https://www.bls.gov/opub/ted/2008/apr/wk3/art03.htm (visited May 28, 2023).