April 4, 2000 (The Editor’s Desk is updated each business day.)
Midwest has lowest unemployment rate again
The unemployment
rate in the Midwest was 3.4 percent in the fourth quarter of 1999—the
lowest of all the regions. The Midwest had the lowest fourth-quarter
jobless rate in every year of the decade.
[Chart data—TXT]
The other three regions had unemployment rates between 4.0 and 5.0
percent at the end of 1999. The South’s rate was 4.0 percent and the
rate in the Northeast was 4.2 percent. In the West, the unemployment rate
was 4.6 percent.
Three of the region’s had jobless rates in the fourth quarter of 1999
that were at historical lows. The exception was the Northeast, where the
rate was only slightly above the 4.0 percent recorded during three
different quarters in the late 1980s.
These data are a product of the Local
Area Unemployment Statistics. To
find out more, see "The job market remains strong in 1999," by
Jennifer Martel and Laura A. Kelter, Monthly Labor Review, February
2000.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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Read more »
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