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Economy: Good Economic News

June 2005 numbers, via the Bureau of Labor Statistics:

  • 141,638,000 Americans employed, a record number.
  • 7,486,000 Americans unemployed. The lowest number since October 2001.
  • Unemployment rate of 5%. Lowest since October 2001. Lower than any month in the period 1984 through April 1997.
  • Black unemployment 10.3%. Still lower than all but a handful of months in the period 1984 through mid-1997.
  • Average hourly rate for production workers: $16.06. A new record.


This entry was posted on Thursday, July 7th, 2005 at 5:59 pm and is filed under American Economy, American Economy, Unemployment. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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