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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 rates roughly doubled for all three groups during the 2008–2009 period, before steadily falling back to approximately their ...
In June 2013, 11.8 million persons were unemployed, putting the unemployment rate at 7.6 percent. The state of the economy is a large contributor to these numbers. In June, 2001 the unemployment rate was 4.6% [10] After 9/11/2001, the unemployment rate skyrocketed to 5.7% in November 2001 [11] and rose drastically in 2009 to 10% in October. [12]
Economic review , Federal Reserve Bank of Kansas City, first quarter 2018), author found that from 1996 to 2015, most men in the prime-age who only hold a high-school degree or associate's degree would have a nonparticipation rate much higher than those who hold an advanced degree.
The lowest unemployment rate was in North Dakota at just 2.7%, while New Mexico had the highest unemployment rate at 6.7%. Unemployment rates have recovered dramatically in all the states since ...
In a move to protect the broader economy from the over-inflated stock market, the Fed began raising interest rates in 1999, culminating in a market crash and a string of high-profile bankruptcies beginning the following year. Nov 2001– Dec 2007 73 +0.9% +2.8%: Another mild recession occurred in 2001, followed by moderate expansion.
U.S. applications for unemployment benefits jumped to their highest level in two months last week but remain low relative to historical standards. Jobless claim applications climbed by 17,000 to ...
The unemployment rate in August hit its highest level since February 2022, data from the Bureau of Labor Statistics showed Friday. But a jump in the unemployment rate to 3.8% from 3.5% might not ...
The values indicate the average annual rate of change in the unemployment rate over the years in office. 1945–present data is from Bureau of Labor Statistics Labor Force Statistics; data prior to 1945 is from McElvaine's The Great Depression, Three Rivers Press (2009), Chapter 4