Fourth District Employment
In November, the Fourth Federal Reserve District’s unemployment rate rose 0.1 percentage point to 6.2%, while the national unemployment rate fell by the same amount to 5.4%. The discrepancy of 0.84 percentage point between the U.S. and the District is the largest since the Bureau of Labor Statistics started publishing labor market data for all counties in 1990.
Suggested citation: “Fourth District Employment,” Federal Reserve Bank of Cleveland, Economic Trends, no. 05-01, pp. 14-15, 01.01.2005.