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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. [21]
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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 unemployment rate increased to 4.2%. Hurricanes and a strike by Boeing ( BA ) workers weighed heavily on the October report , which was revised to show there were 36,000 jobs created last month.
With a growing labor force and fewer job openings, the unemployment rate has climbed from 3.6% to 4.1%. Employment prospects have shifted from two job openings per unemployed worker to just one.
The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Jobless claim applications ticked down by 1,000 ...
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 median age of males increased from 34 years old to 37.2 years old with more people over 65 years old and fewer people of labor age. According to the 2020 Current Population Survey, most men who were out of the labor force self-reported they could not work due to illness, disability, or due to attending higher education.