Employment and unemployment developments, December 2003.

From: Employment and Earnings | Date: January 1, 2004 | Copyright information

Employment was virtually unchanged in December while the unemployment rate, at 5.7 percent, continued to trend down. Following increases that totaled 277,000 in the prior 4 months, nonfarm payroll employment was flat in December (+1,000).

Unemployment

The number of unemployed persons was 8.4 million in December and the unemployment rate was 5.7 percent. Both measures continued to edge down from their recent highs in June 2003. In December, the unemployment ra...

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