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Monthly Unemployment Rate Chart

This chart shows the seasonally adjusted Unemployment Rate from January 2003 through September 2008.  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 4.4 percent in October 2006.  It rose to 4.6 percent by January of 2007, but declined to 4.4 percent again by March 2007.  The rate then underwent an uneven increase until it reached 6.1 percent in August and September of 2008.  (The source is the Bureau of Labor Statistics.)

Unemployment Rate Chart January 2003 - September 2007
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008   0.048 0.051 0.05 0.055 0.055 0.057 0.061 0.061