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Article: Employment and unemployment developments, November 2001.(Statistical Data Included)
- Article from:
- Employment and Earnings
- Article date:
- December 1, 2001
CopyrightCOPYRIGHT 2001 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 fell sharply for the second month in a row in November, and the unemployment rate rose to 5.7 percent. Nonfarm payroll employment dropped by 331,000, following an even larger decline in October. As was the case in October, job losses in November were widespread.
Unemployment
The number of unemployed persons increased by 419,000 to 8.2 million in November, and the unemployment rate rose by 0.3 percentage point to 5.7 percent; this followed an increase of half a percentage point in October. The jobless rate in November was at its highest level since August 1995. Since October 2000, when both measures were at their most recent lows, unemployment ...
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