Fourth District Employment
The Fourth District’s unemployment rate rose from 5.1% in March to 5.5% in April, largely because the estimated number of unemployed rose 8.3%. (However, compared to April 2005, the number who had no job but were looking for one fell 6.1%.) In comparison, the U.S. unemployment rate dropped from 4.7% in April to 4.6% in May.
Suggested citation: “Fourth District Employment,” Federal Reserve Bank of Cleveland, Economic Trends, no. 06-07, pp. 14, 07.15.2006.