March 2004 Unemployment Report |
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The Guam Department of Labor, Bureau of Labor Statistics announced that the March 2004 unemployment rate was 7.7 percent, a decrease of 3.7 percentage points from the 11.4 percent reported in March 2002. In March 2004, the number of people employed reached 56,810, an increase of 1,830 from two years ago. Of the total employed, the immigrant aliens (PRA) category showed an increase of 3,660 people from the March 2002 report of 9,620 to 13,280 in March 2004. As reported previously, recent gains in employment are largely due to typhoon recovery construction projects and recovery from previously depressed levels.
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