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Other data series are available back to 1912. The unemployment rate has varied from as low as 1% during World War I to as high as 25% during the Great Depression. More recently, it reached notable peaks of 10.8% in November 1982 and 14.7% in April 2020. Unemployment tends to rise during recessions and fall during expansions.
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.
In 2016, the unemployment rate was 3.8% for Asians, 4.6% for non-Hispanic whites, 6.1% for Hispanics, and 9.0% for Blacks, all over the age of 16. [7] In terms of unemployment, it can be seen that there are two-tiers: relatively low unemployment for Asians and whites, relatively high unemployment for Hispanics and Blacks.
Statistics from the US Bureau of Labor Statistics 2019 Annual Survey [21] Race Production, transportation, and material moving Natural resources, construction, and maintenance Sales and office Service Management, professional, and related White 11.3 10.1 21.3 15.9 41.4 Black or African American 16.2 5.7 22.3 23.8 31.9 Asian 9.1 3.1 17 15.8 55
The unemployment rate dropped to 3.4% versus the estimate for 3.6%—the lowest jobless level since May 1969. Following the release of the employment numbers, Wall Street analysts immediately got ...
The BLS uses the data to publish reports early each month called the Employment Situation. [2] This report provides estimates of the unemployment rate and the numbers of employed and unemployed people in the United States based on the CPS. A readable Employment Situation Summary [3] is provided monthly. Annual estimates include employment and ...
[177] In March 2018, according to US Unemployment Rate Statistics, the unemployment rate was 4.1%, below the 4.5–5.0% norm. [178] In 2021, the labor force participation rate for non-white women and women with children declined significantly during the COVID-19 pandemic, with approximately 20 million women leaving the workforce. Men were not ...
The S&P 500 down 1.8%, this after we got a March unemployment report that showed a loss of 701,000 jobs and an unemployment rate at 4.4%. This follows yesterday's weekly jobless claims number that ...