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The U.S. central bank last month delivered a third consecutive interest rate cut, lowering its benchmark overnight interest rate by 25 basis points to the 4.25%-4.50% range.
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.
Annual rate of change of unemployment rate over presidential terms in office. From President Truman onward, the unemployment rate fell by 0.8% with a Democratic president on average, while it rose 1.1% with a Republican. [27] Job creation is reported monthly and receives significant media attention, as a proxy for the overall health of the economy.
Officials see the unemployment rate ticking up slightly to 4.3% in 2025, lower than the previous forecast of 4.4%. Unemployment is expected to remain at that level through 2026 and 2027.
The university's economists foresee momentum from potential tax cuts as canceling out some of the potential drag on the economy from tariffs.
State Budget (billions $) [note 1] Annualized Fiscal years Reference Annualized budget per capita (in $) [note 1] S&P Credit rating in January 2017 [1] Alabama 12.69 12.69 2025
U.S. states by net employment rate (% of population 16 and over) 2022 [1]; National rank State Employment rate in % (total population) Annual change (%)
U.S. unemployment claims dropped to 213,000 last week, down 2,000 claims from 215,000 the week prior on a seasonally adjusted basis. North Dakota saw the largest percentage increase in weekly ...