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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.
Beveridge curve of vacancy rate and unemployment rate data from the United States Bureau of Labor Statistics. A Beveridge curve, or UV curve, is a graphical representation of the relationship between unemployment and the job vacancy rate, the number of unfilled jobs expressed as a proportion of the labour force. It typically has vacancies on ...
The central bank launched its easing cycle in September and has lowered its benchmark overnight interest rate by 100 basis points to the current 4.25%-4.50% range. The policy rate was hiked by 5. ...
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.
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 ...
Foreign-born immigrant men have a similar unemployment rate to native workers, but the unemployment rate for foreign-born immigrant men that are from Mexico and Central America is considerably more than other groups of foreign-born immigrant men looking for work in the United States. [57]
The Labor Department's closely watched employment report on Friday also showed the unemployment rate rising to 3.9% last month, the highest level since January 2022, from 3.8 in September. The ...