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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.
U1–U6 since 1950, as reported by the Bureau of Labor Statistics. The Bureau of Labor Statistics also calculates six alternate measures of unemployment, U1 to U6, which measure different aspects of unemployment: [58] U1: [59] Percentage of labor force unemployed 15 weeks or longer. U2: Percentage of labor force who lost jobs or completed ...
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.
Hawaii is suffering from the worst job market in the United States. Here are the other states in trouble.
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A viral social media post claims some states have high unemployment rates because they’re run by Democratic governors. That is missing context. Fact check: State unemployment rates impacted by ...
CPS-based measures of unemployment before 1994: U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force; U-2 Job losers, as a percent of the civilian labor force; U-3 Unemployed persons aged 25 and older, as a percent of the civilian labor force aged 25 and older (the unemployment rate for persons 25 and older)
A 19-month spell of 6% unemployment would represent around 4 million people left jobless for the foreseeable future - dousing those hopes for a quick return to the pre-pandemic normal.