August 05, 2002
The number of unemployed persons (8.3 million) and the unemployment rate (5.9 percent) were essentially unchanged for the third month in a row in July.
The jobless rates for adult men (5.2 percent), adult women (5.2 percent), teenagers (17.7 percent), whites (5.3 percent), blacks (9.9 percent), and Hispanics (7.6 percent) showed little change from the previous month.
The number of persons unemployed for 15 weeks or more fell by 220,000 to 2.9 million in July. This measure had been trending steadily upward since June 2001.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rates in July on the Internet at http://www.bls.gov/opub/ted/2002/aug/wk1/art01.htm (visited November 25, 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.