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The total number of people in the workforce incresed by more than the number of people employed, resulting in an increase in the number unemployed. Does that help explain it for you?

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U.S. Department of Labor
Bureau of Labor Statistics
Bureau of Labor Statistics Data
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Change Output Options: From: 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 To: 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
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Data extracted on: August 11, 2003 (3:11:33 PM)

Labor Force Statistics from the Current Population Survey

Series Id: LNS11000000Seasonal AdjustedSeries title: (Seas) Civilian Labor Force LevelLabor force status: Civilian Labor ForceType of data: PERSON COUNTS (NULL)Age: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1993 128400 128458 128598 128584 129264 129411 129397 129619 129268 129573 129711 129941
1994 130596 130669 130400 130621 130779 130561 130652 131275 131421 131744 131891 131951
1995 132038 132115 132108 132590 131851 131949 132343 132336 132611 132716 132614 132511
1996 132616 132952 133180 133409 133667 133697 134284 134054 134515 134921 135007 135113
1997 135456 135400 135891 136016 136119 136211 136477 136618 136675 136633 136961 137155
1998 137095 137112 137236 137150 137372 137455 137588 137570 138286 138279 138381 138634
1999 139045 138916 138716 138977 139077 139383 139465 139377 139636 139768 140025 140174
2000 142283 142423 142391 142795 142349 142624 142252 142508 142554 142636 142965 143279
2001 143797 143638 143871 143624 143280 143395 143616 143331 144042 144128 144296 144379
2002 143826 144510 144367 144763 144911 144852 144786 145123 145634 145393 145180 145150
2003 145838 145857 145793 146473 146485 147096 146540

Series Id: LNS12000000Seasonal AdjustedSeries title: (Seas) Employment LevelLabor force status: EmployedType of data: PERSON COUNTS (NULL)Age: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1993 119075 119275 119542 119474 120115 120290 120467 120856 120554 120823 121169 121464
1994 121966 122086 121930 122290 122864 122634 122706 123342 123687 124112 124516 124721
1995 124663 124928 124955 124945 124421 124522 124816 124852 125133 125388 125188 125088
1996 125125 125639 125862 125994 126244 126602 126947 127172 127536 127890 127771 127860
1997 128298 128298 128891 129143 129464 129412 129822 130010 130019 130179 130653 130679
1998 130726 130807 130814 131209 131325 131244 131329 131390 131986 131999 132280 132602
1999 133078 132860 132943 132969 133266 133424 133432 133540 133709 133974 134287 134497
2000 136609 136637 136678 137312 136576 136953 136489 136644 136908 137078 137288 137620
2001 137846 137648 137763 137353 137036 136869 137006 136256 136858 136370 136218 136067
2002 135791 136450 136143 136196 136487 136383 136343 136757 137312 136988 136542 136439
2003 137536 137408 137348 137687 137487 137738 137478

Series Id: LNS13000000Seasonal AdjustedSeries title: (Seas) Unemployment LevelLabor force status: UnemployedType of data: PERSON COUNTS (NULL)Age: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1993 9325 9183 9056 9110 9149 9121 8930 8763 8714 8750 8542 8477
1994 8630 8583 8470 8331 7915 7927 7946 7933 7734 7632 7375 7230
1995 7375 7187 7153 7645 7430 7427 7527 7484 7478 7328 7426 7423
1996 7491 7313 7318 7415 7423 7095 7337 6882 6979 7031 7236 7253
1997 7158 7102 7000 6873 6655 6799 6655 6608 6656 6454 6308 6476
1998 6368 6306 6422 5941 6047 6212 6259 6179 6300 6280 6100 6032
1999 5967 6056 5773 6008 5812 5958 6033 5837 5926 5794 5738 5677
2000 5674 5786 5713 5483 5773 5671 5763 5864 5645 5559 5676 5659
2001 5951 5990 6108 6271 6244 6526 6610 7075 7183 7758 8078 8312
2002 8035 8060 8224 8567 8424 8469 8443 8366 8321 8405 8637 8711
2003 8302 8450 8445 8786 8998 9358 9062

Series Id: LNS14000000Seasonal AdjustedSeries title: (Seas) Unemployment RateLabor force status: Unemployment rateType of data: PERSON COUNTS (NULL)Age: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1993 7.3 7.1 7.0 7.1 7.1 7.0 6.9 6.8 6.7 6.8 6.6 6.5
1994 6.6 6.6 6.5 6.4 6.1 6.1 6.1 6.0 5.9 5.8 5.6 5.5
1995 5.6 5.4 5.4 5.8 5.6 5.6 5.7 5.7 5.6 5.5 5.6 5.6
1996 5.6 5.5 5.5 5.6 5.6 5.3 5.5 5.1 5.2 5.2 5.4 5.4
1997 5.3 5.2 5.2 5.1 4.9 5.0 4.9 4.8 4.9 4.7 4.6 4.7
1998 4.6 4.6 4.7 4.3 4.4 4.5 4.5 4.5 4.6 4.5 4.4 4.4
1999 4.3 4.4 4.2 4.3 4.2 4.3 4.3 4.2 4.2 4.1 4.1 4.0
2000 4.0 4.1 4.0 3.8 4.1 4.0 4.1 4.1 4.0 3.9 4.0 3.9
2001 4.1 4.2 4.2 4.4 4.4 4.6 4.6 4.9 5.0 5.4 5.6 5.8
2002 5.6 5.6 5.7 5.9 5.8 5.8 5.8 5.8 5.7 5.8 5.9 6.0
2003 5.7 5.8 5.8 6.0 6.1 6.4 6.2