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The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024.
While some economists are expecting the unemployment rate to fall to 3.8% in March, that prediction should be taken with a grain of salt — the forecast for the February unemployment rate was 3.7%.
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. Nonetheless, the jobless rate ...
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]
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.
Unemployment in the US by State Unemployment by County (November 2021) Unemployment in the United States discusses the causes and measures of U.S. unemployment and strategies for reducing it. Job creation and unemployment are affected by factors such as economic conditions, global competition, education, automation, and demographics.
The unemployment rate was forecast to remain at 4.1%. However, while Friday’s report showed that the cracks in the labor market may be widening, there also were indications it still remains on ...
Previously, she made the case that the US economy was already in a recession despite continuing to grow in 2023 and 2024, pointing to continued weakness in the job market. Read the original ...