August 07, 2001 (The Editor’s Desk is updated each business day.)
Unemployment rates in July
The number of unemployed persons was essentially unchanged at 6.4 million in July, and the unemployment rate held at 4.5 percent (seasonally adjusted). The jobless rate has been either 4.4 or 4.5 percent since April; its most recent low was 3.9 percent in October 2000.
[Chart data—TXT]
The rates for all the major worker groups—adult men (3.9 percent), adult women (3.9 percent), teenagers (14.8 percent), whites (4.0 percent), blacks (7.9 percent), and Hispanics (6.0
percent)—showed little or no change over the month.
About 1.2 million persons (not seasonally adjusted) were marginally attached to the labor force in July, about the same as a year earlier. These were people who wanted and were available for work and had looked for a job sometime in the prior 12 months but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.
These data are a product of the Current
Population Survey. Find out more in "The
Employment Situation: July 2001," news release USDL 01-245.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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Read more »
