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U.S. unemployment claims remained the same at 217,000 last week on a seasonally adjusted basis. Virgin Islands saw the largest percentage increase in weekly claims, with claims jumping by 163.6%.
Here's a look at how weekly unemployment claims changed in New York last week compared with the week prior.
New York City's unemployment rate fell to its record low of 4.0% in September 2018. [20] Many Fortune 500 corporations are headquartered in New York City, [21] as are a large number of multinational corporations. One out of ten private sector jobs in the city is with a foreign company. [22]
Initial filings for unemployment benefits in New York dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to ...
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.
The youth unemployment rate was 18.5% in July 2009, the highest rate in that month since 1948. [192] The unemployment rate of young African Americans was 28.2% in May 2013. [193] The unemployment rate reached an all-time high of 14.7% in April 2020 before falling back to 11.1% in June 2020.
If the participation rate holds steady, how many new jobs are needed to lower the unemployment rate? The steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent ...
The labor force participation rate, LFPR (or economic activity rate, EAR), is the ratio between the labor force and the overall size of their cohort (national population of the same age range). Much as in other countries in the West , the labor force participation rate in the U.S. increased significantly during the later half of the 20th ...