| The chart shows the Unemployment Rate from January 2003 through October 2006. The rate was 5.8 percent in January 2003. It peaked at 6.3 percent in June 2003, and then it began an uneven but steady decline. By December 2003 it had dropped to 5.7 percent, below the level it was at in January of that year. The rate continued to decline till it reached a low of 4.6 percent in May and June of 2006. It rose slightly to 4.8 percent in July 2006, and then continued its decline until it reached 4.4 percent in October 2006. |