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They cover the three prior calendar years and the quarter(s) already published in the current year. Benchmark revisions occur about every five years with the base tied to a recent quinquennial economic census as the Census Survey of Manufacturers.
Unemployment Rate Indicator
The unemployment rate is an important economic indicator...
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This rate indicates how many people would like a job, but unable to find one. The unemployment rate is calculated by the number of unemployed workers divided by the number of people in the labor force. According to the US Department of Labor, the annual Unemployment rate in 2004 was 5.5 and 6.0 in 2003, which was a decrease of ...
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