Civilian unemployment rose to 5.4% in November, an uptick from its August low of 5.1%, but still consistent with a robust labor market. The employment-to-population ratio, at 63.3% last month, is little changed from its record high of 63.4% in October.
Suggested citation: “Labor Markets,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-12, pp. 11, 12.01.1996.