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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.
Unemployment rate change for each U.S. presidential term from 1949 (data from the Bureau of Labor Statistics) [10] President Political party Period of presidency Unemployment rate at start of presidential term Unemployment rate at end of presidential term Change in unemployment rate during presidential term (percentage points) Harry S. Truman
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. ... Comparing last year’s ...
The COVID-19 pandemic has brought initial unemployment claims to 38.6 million in just nine weeks, according to the latest data from the U.S. Department of Labor — shattering historic highs ...
This was the result of demobilization and the shift from a wartime to peacetime economy. The post-war years were unusual in a number of ways (unemployment was never high), and this era may be considered a "sui generis end-of-the-war recession". [60] [61] Recession of 1949: November 1948 – October 1949 11 months 3 years 1 month 7.9% (October ...
Unlike every previous post-war expansion, GDP growth remained under 3% for every calendar year. [17] Global growth would peak in 2017, resulting in a major synchronized slowdown that started in 2018. The following year, the unemployment rate fell below 3.5% and a major spike in the repo market occurred
Stocks are seeing a post-unemployment pop today now that the rate has dipped to 7.8% as the lowest since January 2009. Whether or not you trust the numbers is up to you, but one thing that ...