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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]
Unemployment rates historically are lower for those groups with higher levels of education. 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.
The U.S. unemployment rate by education level The line chart shows the long-term decline in labor force participation for males of prime-working age (25–54 years), based on educational attainment. [36] Workers with higher levels of education face considerably lower rates of unemployment.
The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market. Initial claims for ...
The weekly jobless claims numbers are a proxy for layoffs, and those have remained below pre-pandemic levels. The unemployment rate is at a modest 4.2%, though that is up from a half century low 3 ...
The unemployment rate dipped to 4.1% from 4.2%, also beating expectations. "Given a resilient labor market, we now think the Fed cutting cycle is over," BofA predicted. Economic activity is robust.
This is an accepted version of this page This is the latest accepted revision, reviewed on 16 January 2025. Education in the United States of America National education budget (2023-24) Budget $222.1 billion (0.8% of GDP) Per student More than $11,000 (2005) General details Primary languages English System type Federal, state, local, private Literacy (2017 est.) Total 99% Male 99% Female 99% ...
The curve, named after William Beveridge, is hyperbolic-shaped and slopes downward, as a higher rate of unemployment normally occurs with a lower rate of vacancies. If it moves outward over time, a given level of vacancies would be associated with higher and higher levels of unemployment, which would imply decreasing efficiency in the labour ...