Sentences with phrase «largest declines in the unemployment»
The gains in employment over the past year have occurred in all states, and those states with the highest unemployment rates in the three months to October 2002 have experienced the strongest growth and the largest declines in the unemployment rate (Table 11).
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If, in contrast, the Fed were to raise rates now, before the economic recovery is fully entrenched, house prices might resume declines, the values of businesses large and small would drop, and, critically, unemployment would likely start to rise again.
«The unexpectedly swift decline in the unemployment rate in recent years has in large part been attributed to a drop in the labor force participation rate.
The large nominal exchange rate appreciation also helped to contain inflationary pressures in an environment of strong growth in domestic demand and a decline in the unemployment rate to relatively low levels.
As a result, the unemployment rate, which is derived from the household survey, has fallen by about 1/2 a percentage point from its recent peak, although this decline is also partly explained by a large fall in the participation rate.
Hispanics also had larger percentage declines in household wealth than white, black or Asian households from 2005 to 2009.5 Poverty and unemployment also grew more sharply for Latinos than for non-Latinos after the Great Recession began, and most Hispanics say that the economic downturn was harder on them than on other groups.6
She adds that, «The current decline is what we normally see when unemployment dips and the pool of folks looking for work isn't as large as in other years.»
Over that same period, millions of American households experienced severe economic shocks, including unemployment, large declines in home values, and big drops in retirement account values.
Despite declines in the unemployment rate during the same period, delinquency rates for Direct Loans, the federal government's largest lending program, increased by roughly 8 % between 2013 and 2016.