Why You Are Unemployed?–The Minimum Wage Law–Good Intentions Are Not Enough–Videos
Series Id: LNS14000000 Seasonally Adjusted
Series title: (Seas) Unemployment Rate
Labor force status: Unemployment rate
Type of data: Percent or rate
Age: 16 years and over
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2000 | 4.0 | 4.1 | 4.0 | 3.8 | 4.0 | 4.0 | 4.0 | 4.1 | 3.9 | 3.9 | 3.9 | 3.9 | |
| 2001 | 4.2 | 4.2 | 4.3 | 4.4 | 4.3 | 4.5 | 4.6 | 4.9 | 5.0 | 5.3 | 5.5 | 5.7 | |
| 2002 | 5.7 | 5.7 | 5.7 | 5.9 | 5.8 | 5.8 | 5.8 | 5.7 | 5.7 | 5.7 | 5.9 | 6.0 | |
| 2003 | 5.8 | 5.9 | 5.9 | 6.0 | 6.1 | 6.3 | 6.2 | 6.1 | 6.1 | 6.0 | 5.8 | 5.7 | |
| 2004 | 5.7 | 5.6 | 5.8 | 5.6 | 5.6 | 5.6 | 5.5 | 5.4 | 5.4 | 5.5 | 5.4 | 5.4 | |
| 2005 | 5.3 | 5.4 | 5.2 | 5.2 | 5.1 | 5.0 | 5.0 | 4.9 | 5.0 | 5.0 | 5.0 | 4.9 | |
| 2006 | 4.7 | 4.8 | 4.7 | 4.7 | 4.6 | 4.6 | 4.7 | 4.7 | 4.5 | 4.4 | 4.5 | 4.4 | |
| 2007 | 4.6 | 4.5 | 4.4 | 4.5 | 4.4 | 4.6 | 4.7 | 4.6 | 4.7 | 4.7 | 4.7 | 5.0 | |
| 2008 | 5.0 | 4.9 | 5.1 | 5.0 | 5.4 | 5.6 | 5.8 | 6.1 | 6.1 | 6.5 | 6.8 | 7.3 | |
| 2009 | 7.8 | 8.3 | 8.7 | 8.9 | 9.4 | 9.5 | 9.5 | 9.6 | 9.8 | 10.0 | 9.9 | 9.9 | |
| 2010 | 9.7 | 9.8 | 9.8 | 9.9 | 9.6 | 9.4 | 9.5 | 9.6 | 9.5 | 9.5 | 9.8 | 9.4 | |
| 2011 | 9.1 | 9.0 | 8.9 | 9.0 | 9.0 | 9.1 | 9.1 | 9.1 | 9.0 | 8.9 | 8.7 | 8.5 | |
| 2012 | 8.3 | 8.3 | 8.2 | 8.1 | 8.2 |
Series Id: LNS14000012 Seasonally Adjusted
Series title: (Seas) Unemployment Rate – 16-19 yrs.
Labor force status: Unemployment rate
Type of data: Percent or rate
Age: 16 to 19 years
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2000 | 12.7 | 13.8 | 13.3 | 12.6 | 12.8 | 12.3 | 13.4 | 14.0 | 13.0 | 12.8 | 13.0 | 13.2 | |
| 2001 | 13.8 | 13.7 | 13.8 | 13.9 | 13.4 | 14.2 | 14.4 | 15.6 | 15.2 | 16.0 | 15.9 | 17.0 | |
| 2002 | 16.5 | 16.0 | 16.6 | 16.7 | 16.6 | 16.7 | 16.8 | 17.0 | 16.3 | 15.1 | 17.1 | 16.9 | |
| 2003 | 17.2 | 17.2 | 17.8 | 17.7 | 17.9 | 19.0 | 18.2 | 16.6 | 17.6 | 17.2 | 15.7 | 16.2 | |
| 2004 | 17.0 | 16.5 | 16.8 | 16.6 | 17.1 | 17.0 | 17.8 | 16.7 | 16.6 | 17.4 | 16.4 | 17.6 | |
| 2005 | 16.2 | 17.5 | 17.1 | 17.8 | 17.8 | 16.3 | 16.1 | 16.1 | 15.5 | 16.1 | 17.0 | 14.9 | |
| 2006 | 15.1 | 15.3 | 16.1 | 14.6 | 14.0 | 15.8 | 15.9 | 16.0 | 16.3 | 15.2 | 14.8 | 14.6 | |
| 2007 | 14.8 | 14.9 | 14.9 | 15.9 | 15.9 | 16.3 | 15.3 | 15.9 | 15.9 | 15.4 | 16.2 | 16.8 | |
| 2008 | 17.7 | 16.7 | 16.1 | 15.9 | 19.0 | 19.2 | 20.7 | 18.6 | 19.1 | 19.9 | 20.3 | 20.6 | |
| 2009 | 20.7 | 22.2 | 22.2 | 22.3 | 23.4 | 24.7 | 24.3 | 25.1 | 25.9 | 27.0 | 26.8 | 26.7 | |
| 2010 | 25.9 | 25.4 | 26.2 | 25.7 | 26.7 | 25.9 | 25.9 | 25.8 | 25.8 | 27.0 | 24.5 | 25.2 | |
| 2011 | 25.4 | 23.9 | 24.5 | 24.9 | 24.1 | 24.6 | 24.9 | 25.3 | 24.5 | 24.0 | 23.7 | 23.1 | |
| 2012 | 23.2 | 23.8 | 25.0 | 24.9 | 24.6 |
Source: Department of Labor, Bureau of Labor Statistics
Why You Are Unemployed – Part 1
Why You Are Unemployed – Part 2
Why You Are Unemployed – Part 3
Why You Are Unemployed – Part 4
Background Articles and Videos
Good Intentions 1 of 3 Introduction and Public Schools with Walter Williams
Good Intentions 2of3 Minimum Wage, Licensing, and Labor Laws with Walter Williams
Good Intentions 3 of 3 The Welfare System and Conclusions with Walter Williams
Pronk Palisades 
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