March 28, 2001
The number of unemployed persons declined for the eighth consecutive year in 2000.
The unemployment level averaged 5.6 million persons in the fourth quarter of 2000, down from 5.7 million in the fourth quarter of 1999. The level of unemployment in 2000 was 41 percent below the peak level of the past decade—9.5 million in 1992.
These data are a product of the Current Population Survey. The above figures are seasonally adjusted. Find out more about unemployment in 2000 in "The job market in 2000: slowing down as the year ended," by Jennifer L. Martel and David S. Langdon, Monthly Labor Review, February 2001.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment level declined for 8th consecutive year on the Internet at http://www.bls.gov/opub/ted/2001/mar/wk4/art03.htm (visited December 01, 2015).
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.