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Ignoring the sharp up and downs of the pandemic years, the unemployment rate was slightly lower on average from 2022 through this year than it was from 2017 through 2019. WEALTH
In September 2019, the U.S. unemployment rate dropped to 3.5%, near the lowest rate in 50 years. [20] On May 8, 2020, the Bureau of Labor Statistics reported that 20.5 million nonfarm jobs were lost and the unemployment rate rose to 14.7 percent in April, due to the Coronavirus pandemic in the United States .
The unemployment rate is at a modest 4.2%, though that is up from a half century low 3.4% reached in 2023. To fight inflation that hit four-decade highs two and a half years ago, the Federal ...
At the onset of the coronavirus pandemic, in March 2020, the unemployment rate was a very benign 4.4%. Just a single month later, the rate had shot up by more than 10%, to 14.8%.
Unemployment rate at start of presidency Unemployment rate at end of presidency Change in unemployment rate during presidency (percentage points) Harry S. Truman (data available for 1948–1953 only) Democratic: 1945–1953 3.4% (for January 1948) 2.9% −0.5 (from January 1948 to January 1953) Dwight D. Eisenhower: Republican: 1953–1961 2.9% ...
Seasonally adjusted rates - Northern Mariana Islands: 11.2 1 American Samoa: 11.4 2 Puerto Rico: 6.1 3 Nevada: 5.4 4 District of Columbia: 5.1 5 California: 4.6 6 Delaware: 4.2 7 Texas: 4.1 8 Illinois: 4 9 New York: 3.9 10 Kentucky: 3.8 11 Pennsylvania: 3.8 13 Washington: 3.8 14 Alaska: 3.7 15 Connecticut: 3.7 16 New Jersey: 3.7 17 Louisiana: 3 ...
In April 2010, the US unemployment rate was 9.9%, but the government's broader U-6 unemployment rate was 17.1%. [175] In April 2012, the unemployment rate was 4.6% in Japan. [176] In a 2012 story, the Financial Post reported, "Nearly 75 million youth are unemployed around the world, an increase of more than 4 million since 2007. In the European ...
A jump in the unemployment rate to 4.3% in July from 3.7% at the start of the year saw the U.S. central bank kicking off its policy easing cycle with an unusually large half-percentage-point ...