Fourth District Employment
The Fourth District unemployment rate rose 0.1 percentage point to 5.8% in September. Although employment increased 0.3% over the month, both the labor force and the number of unemployed were estimated to have grown even more (0.4% and 0.6%, respectively). The U.S. unemployment rate fell from 5.1% in September to 5.0% in October.
Suggested citation: "Fourth District Employment," Federal Reserve Bank of Cleveland, Economic Trends, no. 05-12, pp. 14, 12.01.2005.