About UPI  |  UPI en Español   |   My Account
Free News Update:
United Press International - News. Analysis. Insight.™ - 100 Years of Journalistic Excellence
  • Home
  • Top News
  • Entertainment
  • Odd News
  • Sports
  • Business
  • Science
  • Health
  • Analysis
    • Energy Resources
    • Security Industry
    • Emerging Threats
  • Video
  • News Photos
Search:
Go
Bookmark this Page
You are here:  Home / Business News / U.S. unemployment rate dropped in April

Business News

View archive | RSS Feed

U.S. unemployment rate dropped in April

Published: May 2, 2008 at 9:31 AM
Order reprints  |  Print Story  |  Email to a Friend  |  Post a Comment
Close
WASHINGTON, May 2 (UPI) -- The U.S. unemployment rate dropped to 5.0 percent in April, the U.S. Labor Department announced Friday and the economy lost another 20,000 non-farm jobs.

The number recorded as unemployed was "little changed" at 7.6 million, the report said.

The previous monthly unemployment rate was 5.1 percent. A year ago, 6.8 million were unemployed with an unemployment rate of 4.5 percent, the report said.

The U.S. economy, however, has lost 260,000 jobs since the beginning of the year.

Most groups showed little or no change in April. The unemployment rate for men stands at 4.6 percent, for teenagers 15.4 percent, for whites 4.4 percent, for blacks 8.6 percent and for Hispanics 6.9 percent.

The unemployment rate for women decreased slightly in April to 4.3 percent.

Those working part-time jobs to supplement their incomes rose in April by 306,000 people to a total of 5.2 million.

The number of discouraged workers, who have quit looking for jobs, is about the same as a year ago at 412,000. Another 1 million have stopped looking for work to attend school or tend to family responsibilities, the report said.



© 2008 United Press International, Inc. All Rights Reserved.
News Photos Slideshows
Photos of the Day
Week in Photos
News
Entertainment
Sports
Features
Most Popular
Stories
Photos
Videos
1.
Crude oil prices fall again Friday
2.
Oil prices drop further Thursday
3.
Second stimulus check plan considered
4.
Ford to move European models to U.S.
5.
IRS mails batch of stimulus checks
Advertise on UPI.com
Videos
Enlarge Video
Get the Flash Player to see this player.
Government bailout: will it work?
Wednesday, July 23
U.S. troops: Pull out or keep fighting?
U.S. troops: Pull out or keep fighting?
Tuesday, July 22
Obama in Iraq
Obama in Iraq
Monday, July 21
Home funerals: Tending to their own
Home funerals: Tending to their own
Thursday, July 3
© 2008 United Press International, Inc. All Rights Reserved. Official_Government_Wires  |   About UPI  |   Site Map  |   Terms of Use  |   Privacy Policy  |   Advertise Online  |   Contact Us

Sponsored Links: College Football Tickets - Press Release Services - prom dresses - Prom dresses and gowns - Wedding and Honeymoon Experts - Auto Dealers - Conventions - Trade Shows - Conferences - Motivational Sports Speakers Bureau - Real Estate Properties in the world