July 08, 2008
The unemployment rate was 5.5 percent in June 2008, the same as in the previous month. In June 2007, the jobless rate was 4.6 percent.
The number of unemployed persons was essentially unchanged in June 2008 compared with May 2008, at 8.5 million.
The unemployment rate for Hispanics increased from May to June, while the rate for adult men continued to trend up. Jobless rates for adult women, teenagers, whites, and blacks showed little or no change in June.
Among the unemployed, the number of persons who had lost their last job was essentially unchanged at 4.4 million in June, but has risen by 952,000 over the past 12 months. The numbers of unemployed reentrants and new entrants to the labor force were little changed in June; both groups had increased sharply in May.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate unchanged in June 2008 on the Internet at http://www.bls.gov/opub/ted/2008/jul/wk1/art02.htm (visited October 06, 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.