November 09, 2004
The unemployment rate, 5.5 percent, was essentially unchanged from September to October.
The jobless rate has held fairly steady thus far this year and remains below its most recent high of 6.3 percent in June 2003.
In October, the unemployment rates for the major worker groups—adult men (4.9 percent), adult women (4.8 percent), teenagers (17.2 percent), whites (4.7 percent), blacks (10.7 percent), and Hispanics or Latinos (6.7 percent)—showed little or no change over the month.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate in October 2004 on the Internet at http://www.bls.gov/opub/ted/2004/nov/wk2/art02.htm (visited November 28, 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.