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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 .
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 rate reached levels hardly ever seen before due to the COVID-19 pandemic. In April 2020, the rate was 14.8% -- the highest rate since data collection began, according to the...
Here is how the numbers look in that comparison: Change in unemployment rate from February 2020 to February 2021: +2.7. Percent change in unemployment rate from February 2020 to February 2021: +77.14%
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). [3] Unemployment can have many sources, such as the following: the status of the economy, which can be influenced by a recession
“The key thing is that unemployment fell more than expected without wages spiraling out of control. ... as average hourly earnings on a year-over-year basis have declined from 4.8% to 4.4% ...
U.S. states by net employment rate (% of population 16 and over) 2022 [1]; National rank State Employment rate in % (total population) Annual change (%)
The number of wage and salary workers belonging to unions, at 14.4 million, also declined over the year. In 1983, the first year for which comparable union data are available, the union membership rate was 20.1 percent, and there were 17.7 million union workers." [53] In 1973, the participation rate was 26.7% against a comparable 2011 rate of ...