Publish your articles and forecasts in our website. Direct access to our calendar releases and historical data. In the United States, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. The labor force participation rate edged down to 61.5 percent in November, 1.9 percentage points below its February level. It lets them provide unemployment benefits for situations related to the coronavirus (COVID-19). The national unemployment rate. Estimates for 48 of the 50 states, the District of Columbia, and select areas are produced using time-series models. US Unemployment Rate table by month, historic, and current data. An official website of the United States government Here is how you know . The jobless rates for adult men (6.4 percent), adult women (6.3 percent), Whites (6.0 percent), Blacks (9.9 percent), and Asians (5.9 percent) showed little change. 1948-2020 Data | 2021-2023 Forecast | Calendar. Percent Civilian unemployment rate, seasonally adjusted Click and drag within the chart to … Unemployment Insurance Data and Statistics Unemployment insurance information from the Department of Labor's Employment and Training Administration, including weekly claims data, projections, and annual state taxable wage bases and rates. Unemployment rates historically are lower for those groups with higher levels of education. 1 The unemployment rate for women in May (14.3%) was higher than the unemployment rate for men (11.9%). Federal government websites often end in .gov or .mil. In early 2009, the unemployment rate was at 8 percent and headed higher to 10 percent by the end of 2009. The coronavirus pandemic has hit the Massachusetts economy hard, with the state losing an estimated 335,400 jobs since December 2019. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Revendication : Because of U.S. President Donald Trump, America recorded the lowest unemployment rate in 50 years. 6.7%. Unemployment Rate in the United States averaged 5.77 percent from 1948 until 2020, reaching an all time high of 14.80 percent in April of 2020 and a record low of 2.50 percent in May of 1953. Note: Rates shown are a percentage of the labor force. The national unemployment rate held steady at 6.7%. The rate in that county in 2019 was 6.9%. Find Out The labor market recovery slowed amid a lack of fiscal stimulus and record COVID-19 infections that prompted many US states to impose restrictive measures to respond to the outbreak. In early 2009, the unemployment rate was at 8 percent and headed higher to 10 percent by the end of 2009. U.S. unemployment rate for 2019 was 3.68%, a 0.21% decline from 2018. The Coronavirus Response and Relief Supplemental Appropriations Act of … The employment-population ratio was little-changed at 57.3 percent, 3.8 percentage points lower than in February. The unemployment rate is the number of unemployed as a percent of the labor force. US Unemployment Rate table by year, historic, and current data. Unemployment Rates for States, Seasonally Adjusted, Local Area Unemployment Statistics Information and Analysis, INFORMATION ON APPLYING FOR UNEMPLOYMENT BENEFITS, ADMINISTRATIVE USES OF LOCAL AREA UNEMPLOYMENT STATISTICS, SUBNATIONAL LABOR FORCE ESTIMATION METHODOLOGY. The latest reading pointed to a stagnation in the labor market recovery, amid a lack of fiscal stimulus and record COVID-19 infections that prompted many US states to impose restrictive measures to respond to the outbreak. The unemployment rate is the number of unemployed as a percent of the labor force. Note: Statistics for Asian unemployment are not included here as the Bureau of Labor Statistics did not start including this measure until 2000 and does not provide a seasonally adjusted series as yet. That is an increase of … Unemployment had been on a steady decline for the past few … For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma. Unemployment rate, seasonally adjusted, December 2018 – … But as a result of the COVID-19 pandemic, unemployment has an even bigger spotlight. US Unemployment Rates By Year and State ; July 28, 2020 in [ GCU Experience] America’s unemployment rate is a near-constant part of the country’s political and economic discourse. Compares the level and annual rate of change. There are currently 7.3 million individuals (0.2 million decrease since Nov 2020, when it was 7.1 million) who want a job but are not considered unemployed and thus not part of the official unemployment figures. Note: Statistics for Asian unemployment are not included here as the Bureau of Labor Statistics did not start including this measure until 2000 and does not provide a seasonally adjusted series as yet. The total number of unemployed is 13.55 million, 7.5 million more than August 2019. US Stocks Book Weekly Gain, Nasdaq Lands Fresh High, US Crude Inventories Jump for 1st Time in 6 Weeks, US Service Sector Growth Accelerates to 2-Month High, US Factory Activity Grows at Record Pace in January, Dollar Bounces but is on Track for Weekly Loss, Factory Activity in Philadelphia Beats Forecasts, US Building Permits Hit Highest Since 2006, Israel November Industrial Output Growth Slows to 8.5%, WTI Crude Prices Drop 1.9%, Book Weekly Loss, European Stocks Drop for 2nd Session on Friday, South African Stocks Edge Lower but Post Weekly Gain, Slovakia Current Account Deficit at EUR 106.5M. The US unemployment rate is seen picking up to 6.8 percent in December 2020, from 6.7 percent in the previous month and well above pre-pandemic levels of about 3.5 percent. From January to April, about 20 million Americans lost their jobs, according to a new study on … The current U.S. unemployment rate is 6.7% for December 2020, the Bureau of Labor Statistics (BLS) said in its monthly report on Friday. In January 2020, the US unemployment rate was at 3.6%. Find Out The 2020 unemployment rate for Madera County was 10.8%, which was also the highest since 2014. Current US Unemployment Rate is 6.70%. Here is how you know. The site is secure. In April, 23 million workers were let go from their jobs in response to the coronavirus pandemic. information you provide is encrypted and transmitted securely. Estimates for 48 of the 50 states, the District of Columbia, and select areas are produced using time-series models. The Current Population Survey (CPS), conducted by the U.S. Bureau of Labor Statistics (BLS), is a key source of data on unemployment in the United States. Nationally, the seasonally adjusted unemployment rate for December was 6.7%, unchanged from the November rate, and an increase of 3.1 percentage points from the December 2019 rate. The rate is close to double the 3.5% rate in February, before the COVID-19 pandemic. There may be an economic trade-off between unemployment and inflation, as policies designed to reduce unemploym… The current U.S. unemployment rate had fallen to 8.4% in August after reaching a peak of 14.7% in April 2020. A unique factor in the COVID-19 recession is the significance of teleworking in keeping people on the job. Perhaps the most widely known labor market indicator, this statistic reflects the number of unemployed people as a percentage of the labor force. In the Great Recession, the peak unemployment rates for the different groups ranged from 5.3% among those with a bachelor’s degree or higher education to 17.9% among those without a high school diploma. Download historical data for 20 million indicators using your browser. Units: Percent, Seasonally Adjusted Frequency: Monthly Notes: The unemployment rate represents the number of unemployed as a percentage of the labor force. The numbers show proof how the unemployment rate rose […] OPELIKA, Ala. (WRBL) – More than a year after the COVID-19 pandemic swept across the United States, the number of … The US unemployment rate is seen easing to 6.8 percent in November 2020, little-changed from October's 6.9 percent, a number that has been biased down by people misclassifying themselves as being “employed but absent from work.” November's jobless rate would compare with an all-time high of 14.7 percent hit in April but would still remain well above pre-pandemic levels of about 3.5 percent, as the labor market recovery from COVID-19 shock showed signs of slowing amid a lack of fiscal stimulus and spiraling new coronavirus infections. The real national unemployment rate increased by 0.1% to 11.3%. This unemployment rate is unchanged from November. Among the major worker groups, the unemployment rates for teenagers (16.0 percent) and Hispanics (9.3 percent) increased in December. This stands in contrast to the Great Recession, when the unemployment rate for women had peaked at 9.4% in July 2010 compared with a peak of 12.3% for men in January 2010. The current level of the U.S. national unemployment rate as of December 2020 is 6.70. Unemployment generally falls during periods of economic prosperity and rises during recessions, creating significant pressure on public finances as tax revenue falls and social safety net costs increase. Government spending and taxation decisions (fiscal policy) and U.S. Federal Reserve interest rate adjustments (monetary policy) are important tools for managing the unemployment rate. Units: Percent, Seasonally Adjusted Frequency: Monthly Notes: The unemployment rate represents the number of unemployed as a percentage of the labor force. Data refer to place of residence. The November data, reflecting payroll employment for the week ended Friday the 13th of that month, showed the U.S. economy added 245,000 jobs in November as the unemployment rate … The U.S. unemployment rate for 2018 was 3.90% , a 0.46% decline from 2017. The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. Chart 1. An official website of the United States government https:// ensures that you are connecting to the official website and that any make sure you're on a federal government site. Unemployment, total (% of total labor force) (modeled ILO estimate) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The number of unemployed persons fell by 326 thousand to 10.7 million and the employment level declined by 74 thousand to 149.7 million.