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The Labor Department's closely watched employment report on Friday also showed the unemployment rate rising to 3.9% from 3.8% in March amid rising labor supply. ... Since March 2022 the Fed has ...
January 2022 was the last time the unemployment rate was at 4%; and November 2021 was the last time the unemployment rate topped 4%, when the sudden influx of pent-up demand from the pandemic ...
The labor force is the actual number of people available for work and is the sum of the employed and the unemployed. The U.S. labor force reached a record high of 168.7 million civilians in September 2024. [1]
Last month’s job growth was far, far softer than expected, and the unemployment rate shot to its highest level since October 2021, according to new data released Friday by the Bureau of Labor ...
Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
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.
Economists at the firm led by Jan Hatzius lowered their year-end 2021 unemployment rate forecast slightly to 4.1% on Monday. For 2022, Hatzius and his team projects a 3.5% unemployment rate.
In August, the unemployment rate rose to 3.8%, up from 3.5% and the highest since February 2022. Economists had expected unemployment to remain unchanged at 3.5%.