January 11, 2005
Both the number of unemployed persons, 8.0 million, and the unemployment rate, 5.4 percent, were unchanged in December.
The jobless rate has been either 5.4 or 5.5 percent in each month since July, slightly below the rates that prevailed in the first half of 2004.
Both the civilian labor force, at 148.2 million in December, and the labor force participation rate, at 66.0 percent, were about unchanged from the previous month.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate unchanged in December 2004 on the Internet at http://www.bls.gov/opub/ted/2005/jan/wk2/art02.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.