ECONOMIC STATISTICS-MAY, 2005









 

    The United States Department of Labor's Bureau of Labor Statistics reported on Friday, June 3, 2005 that nonfarm employment in the United States of America had "edged up by 78,000 in May following a much larger increase in April, and the unemployment rate was essentially unchanged at 5.1 percent...". It said that payroll employment had continued to grow through the month in the healthcare and construction industries, but that payroll employment in other major industry sectors "was little changed". The Bureau said that there were 7.6 million work-eligible people unemployed in May, 2005, and that this was "essentially unchanged" from the figure for April, 2005. The jobless rate of 5.1 percent was said to be down from the 5.6 percent rate which had been reported a year earlier. As for the "long-term unemployed" (those who have been out oif work for 27 weeks or more), that figure "was little changed over the month."  (SOURCE:  Report, "THE EMPLOYMENT SITUATION: MAY 2005" by United States Department of labor, Bureau of labor Statistics, June 3, 2005; digitized at: https://www.bls.gov/news.release/history/empsit_06032005.txt  retrieved 5/6/2017-GD).

 

               

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