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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 .
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
Although the US Beveridge curve shifted outward in the 2010–2012 period, wages did not increase. [8] Labour force participation rate: as the number looking for jobs increases relative to the total population, the unemployment rate increases, shifting the curve outwards from the origin. Labour force participation can increase due to changes in ...
This unemployment rate was both the highest rate and largest month-over-month increase in the history of Bureau of Labor Statistics data, which dates back to 1948.
The Labor Department's closely watched employment report on Friday also showed the unemployment rate rising to 3.9% from 3.8% in March amid rising labor supply. Financial markets boosted the odds of a
US jobs report crushes expectations as economy adds 254,000 jobs, unemployment rate falls to 4.1% ... the unemployment rate fell to 4.1%, from 4.2% in August. ... rose to 4% year over year, from a ...
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
Meanwhile, the unemployment rate decreased to 3.8% from 3.9% in February. Meanwhile, wages, considered an important metric for inflation pressures, increased 4.1% year over year, their lowest ...