September 06, 2005
Both the number of unemployed persons and the unemployment rate were little changed in August.
The unemployment rate, at 4.9 percent, has trended down by half a percentage point since February. The number of unemployed persons, 7.4 million, was down from 8.0 million in February.
In August, the unemployment rates for most major worker groups—adult men (4.3 percent), teenagers (16.5 percent), whites (4.2 percent), blacks (9.6 percent), and Hispanics or Latinos (5.8 percent)—showed little or no change. The jobless rate for adult women fell to 4.4 percent over the month.
Since February, the number of persons unemployed due to job loss has declined by 490,000, to 3.5 million in August. The decline in this group has accounted for most of the decrease in total unemployment over the period.
Note: Hurricane Katrina struck Florida and the Gulf Coast after the August survey reference period, and therefore did not affect August unemployment estimates.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate in August 2005 on the Internet at http://www.bls.gov/opub/ted/2005/sept/wk1/art01.htm (visited February 09, 2016).
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
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.