Fourth District Employment
The Fourth District’s unemployment rate in February was 5.5%, up from 5.3% a month earlier. This reflects a 3.6% rise in unemployment, a 0.2% fall in the number employed, and virtually no change in the size of the labor force. Nationally, the unemployment rate was 4.8% in February, falling to 4.7% in March.
Suggested citation: “Fourth District Employment,” Federal Reserve Bank of Cleveland, Economic Trends, no. 06-05, pp. 16, 05.15.2006.