Search results
Results from the WOW.Com Content Network
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 unemployment rates in this table are annual averages without seasonal adjustment. The 1976-1989 rates are based on the March 2004 benchmark and were last updated April 26, 2005. The 1990-2012 rates are based on the March 2006 benchmark.
In 2003, prior to the significant expansion of subprime lending of 2004-2006, the unemployment rate was close to 6%. [52] The wider measure of unemployment ("U-6") which includes those employed part-time for economic reasons or marginally attached to the labor force rose from 8.4% pre-crisis to a peak of 17.1% in October 2009.
Annual rate of change of unemployment rate over presidential terms in office. From President Truman onward, the unemployment rate fell by 0.8% with a Democratic president on average, while it rose 1.1% with a Republican. [27] Job creation is reported monthly and receives significant media attention, as a proxy for the overall health of the economy.
The Beveridge curve of 2004 job vacancy and unemployment rate (from the US Bureau of Labor Statistics) Frictional unemployment is the time period between jobs in which a worker searches for or transitions from one job to another.
This expansion was followed by a short recession, triggered in part by the Federal Reserve's decision to combat rising prices by raising interest rates. Jul 1980– Jul 1981 12 +2.0% +4.4%: This short period of growth saw unemployment remain relatively high, particularly among manufacturing and construction workers, never dropping below 7.2%.
The unemployment rate is at a modest 4.2%, though that is up from a half century low 3.4% reached in 2023. To fight inflation that hit four-decade highs two and a half years ago, the Federal ...
The seasonally adjusted unemployment rate rose from 4.3% in January 2001 to 6.3% in June 2003, then fell as the housing bubble inflated to a trough of 4.4% in March 2007. As the Great Recession deepened, the rate rose again to 6.1% in August 2008 and up to 7.2% in December 2008 at the end of the Bush administration.