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- W2888618079 abstract "The Fourth District unemployment rate stayed at 5.4 percent in January 2007, the same as in the previous month. Though the rate did not change, the number of unemployed workers crept up slightly (0.57 percent). Because the unemployment rate is the ratio of unemployed workers divided by workers in the labor force, one would expect this outcome if the number of those in the labor force had risen as well. However, the labor force participation rate actually fell slightly (-0.12 percent) in January. What explains this month’s odd outcome is a byproduct of rounding: the changes in the numbers of those in the labor force and those working were relatively small, and after rounding the resulting rate was the same in December and January. Nationally, the unemployment rate rose to 4.6 percent in January, up a bit from 4.4 percent in the previous month." @default.
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- W2888618079 date "2007-04-10" @default.
- W2888618079 modified "2023-09-28" @default.
- W2888618079 title "Fourth District Employment Conditions, January" @default.
- W2888618079 hasPublicationYear "2007" @default.
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