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Article: Employment and Unemployment Developments, November 1998.
- Article from:
- Employment and Earnings
- Article date:
- December 1, 1998
CopyrightCOPYRIGHT 1998 U.S. Department of Labor. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Employment increased in November, and the unemployment rate edged down to 4.4 percent. Nonfarm payroll employment grew by 267,000, with sizable job gains in services, construction, and retail trade more than offsetting another large decline in manufacturing.
Unemployment
Both the number of unemployed persons, 6.1 million, and the unemployment rate, 4.4 percent, edged down in November. Over the last 12 months, the jobless rate has ranged from 4.3 to 4.7 percent. Among the major worker groups, the unemployment rates for adult men (3.5 percent) and whites (3.8 percent) edged down, while the rates for adult women (4.1 percent), teenagers (15.1 percent), ...