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WASHINGTON (Reuters) -U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing views that ...
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 fell to 4.1% from 4.2% in November. December marked the most monthly job gains seen since March 2023. Revisions to the unemployment rate in 2024 also showed the labor market ...
The unemployment rate rose slightly to 4.1% as the number jobless Americans rose by 203,000. US employers add a solid 151,000 jobs last month though unemployment up to 4.1%
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.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
The unemployment rate reached an all-time high of 14.7% in April 2020 before falling back to 11.1% in June 2020. ... In February 2024, the total federal government ...
The CBO said it expects rates to continue to rise, as well as slower growth in the gross domestic product for the rest of this year and unemployment reaching 4.7% by the end of 2024.