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Unemployment rates historically are lower for those groups with higher levels of education. 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.
The unemployment rate is forecast to be unchanged at 4.2%. "A low hiring environment continues to pose upside risk to continuing claims," said Gisela Hoxha, an economist at Citigroup.
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 ...
US jobless claims hit 258,000, the most in a year. Analysts point to Hurricane Helene, Boeing strike ... After rising for most of 2024, the unemployment rate dropped for a second straight month ...
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.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
The rise in the unemployment rate from 3.4% in April 2023 to 4.3% in July this year was the trigger for the U.S. central bank's unusually large 50-basis-point rate cut last month.
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... US weekly jobless claims hit eight-month low as labor market remains resilient ... They expect the unemployment rate to have held ...