Fourth District Employment Conditions

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09.03.09

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The District's unemployment rate fell 0.1 percentage point to 10.1 percent for the month of July. The decrease in the unemployment rate is attributed to a decreases in the number of people unemployed (-0.6 percent), the number of people employed (-0.4 percent) and the labor force (-0.2 percent). Compared to the national rate in July, the District's unemployment rate stood 0.7 percentage points higher and has been consistently higher since early 2004. Since the recession began, the nation's monthly unemployment rate has averaged 0.7 percentage point lower than the Fourth District unemployment rate. From the same time last year, the Fourth …