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Wednesday's release shows the US labor market added fewer jobs than initially ... The report showed the second-weakest monthly job additions since 2020 and the highest unemployment rate, 4.3%, in ...
Over the past three months, the unemployment rate has averaged 4.13%, which is 0.63 percentage points higher than the 3.5% rate recorded in July 2023.
WASHINGTON (AP) — The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said Wednesday.
Unemployment rate by jurisdiction. Data for all U.S. states, the District of Columbia [ 4] and Puerto Rico [ 5] is from June 2023 and September 2021, respectively. Data for Guam is from September 2019, and data for American Samoa is from 2018. Data for the Northern Mariana Islands is from April 2010 (more than ten years old) it is included but ...
The unemployment rate (U-3), measured as the number of persons unemployed divided by the civilian labor force, rose from 5.0% in December 2007 to peak at 10.0% in October 2009, before steadily falling to 4.7% by December 2016 and then to 3.5% by December 2019. [ 40] By August 2023, it reached 3.8 percent.
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 high of 164.6 million persons in February 2020, just at the start of the COVID-19 pandemic in the United States. [ 1] Before the pandemic, the U.S. labor force had risen each year since 1960 with ...
The new estimates suggest monthly job growth of about 174,000, instead of the roughly 250,000 previously understood. ... the revisions imply that the total number of jobs in the US is just 0.5% ...
The U.S. Bureau of Labor Statistics classifies unemployment based on various aspects into six groups (U1-U6), with U3 referring to the most widely recognized, ILO definition. The ratio of long-term unemployed (27 weeks or longer) to unemployed rose from 17.3% in December 2007 (pre-recession) to a peak of 48.1% during April 2010.