April 03, 2006
Last year, the unemployment rate continued the downward trend that began in 2003, declining to 5.0 percent by the fourth quarter of 2005.
The rate had been 5.4 percent in the fourth quarter of 2004.
For most major worker groups, the unemployment rate continued to edge down in 2005. The unemployment rate for adult men, at 4.3 percent in the last quarter of 2005, was 0.6 percentage point lower than a year earlier. The jobless rate for women edged down by 0.2 percentage point over the year to 4.5 percent in the fourth quarter of 2005. For teenagers, the jobless rate was little changed in 2005.
The unemployment rate for whites, at 4.3 percent, was down over the year by 0.3 percentage point. For blacks, the unemployment rate dropped 1.1 percentage points to 9.7 percent. For Hispanics, the unemployment rate decreased in 2005 to 6.0 percent, down from 6.6 percent in the fourth quarter of 2004.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment in 2005 on the Internet at http://www.bls.gov/opub/ted/2006/apr/wk1/art01.htm (visited May 29, 2015).
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.