The unemployment rate in fiscal year 2204 rose to 3.9 percent. The unemployment rate of the United States which has been steadily decreasing since the 2008 financial crisis, spiked to 8.1 percent in 2020 due to the COVID-19 pandemic. The annual unemployment rate of the U.S. since 1990 can be found here. Falling unemployment The unemployment rate, or the part of the U.S. labor force that is without a job, fell again in 2022 after peaking at 8.1 percent in 2020 - a rate that has not been seen since the years following the 2008 financial crisis. The financial crash caused unemployment in the U.S. to soar from 4.6 percent in 2007 to 9.6 percent in 2010. Since 2010, the unemployment rate had been steadily falling, meaning that more and more people are finding work, whether that be through full-time employment or part-time employment. However, the affects of the COVID-19 pandemic created a spike in unemployment across the country. U.S. unemployment in comparison Compared to unemployment rates in the European Union, U.S. unemployment is relatively low. Greece was hit particularly hard by the 2008 financial crisis and faced a government debt crisis that sent the Greek economy into a tailspin. Due to this crisis, and the added impact of the pandemic, Greece still has the highest unemployment rate in the European Union.

The seasonally-adjusted national unemployment rate is measured on a monthly basis in the United States. In October 2024, the national unemployment rate was at 4.1 percent. Seasonal adjustment is a statistical method of removing the seasonal component of a time series that is used when analyzing non-seasonal trends. U.S. monthly unemployment rate According to the Bureau of Labor Statistics - the principle fact-finding agency for the U.S. Federal Government in labor economics and statistics - unemployment decreased dramatically between 2010 and 2019. This trend of decreasing unemployment followed after a high in 2010 resulting from the 2008 financial crisis. However, after a smaller financial crisis due to the COVID-19 pandemic, unemployment reached 8.1 percent in 2020. As the economy recovered, the unemployment rate fell to 5.3 in 2021, and fell even further in 2022. Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In November 2023, the states with the highest (seasonally adjusted) unemployment rate were the Nevada and the District of Columbia. Unemployment was the lowest in Maryland, at 1.8 percent. Workers in the agricultural and related industries suffered the highest unemployment rate of any industry at seven percent in December 2023.

In February 2025, the agriculture and related private wage and salary workers industry had the highest unemployment rate in the United States, at eight percent. In comparison, self-employed workers, unincorporated, and unpaid family workers had the lowest unemployment rate, at 4.3 percent. The average for all industries was 4.5 percent. U.S. unemployment There are several factors that impact unemployment, as it fluctuates with the state of the economy. Unfortunately, the forecasted unemployment rate in the United States is expected to increase as we head into the latter half of the decade. Those with a bachelor’s degree or higher saw the lowest unemployment rate from 1992 to 2022 in the United States, which is attributed to the fact that higher levels of education are seen as more desirable in the workforce. Nevada unemployment Nevada is one of the states with the highest unemployment rates in the country and Vermont typically has one of the lowest unemployment rates. These are seasonally adjusted rates, which means that seasonal factors such as holiday periods and weather events that influence employment periods are removed. Nevada's economy consists of industries that are currently suffering high unemployment rates such as tourism. As of May 2023, about 5.4 percent of Nevada's population was unemployed, possibly due to the lingering impact of the coronavirus pandemic.

Unemployment Rate in China increased to 5.40 percent in February from 5.20 percent in January of 2025. This dataset provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The employment and unemployment indicator shows several data points. The first figure is the number of people in the labor force, which includes the number of people who are either working or looking for work. The second two figures, the number of people who are employed and the number of people who are unemployed, are the two subcategories of the labor force. The unemployment rate is a calculation of the number of people who are in the labor force and unemployed as a percentage of the total number of people in the labor force.

The unemployment rate does not include people who are not employed and not in the labor force. This includes adults who are neither working nor looking for work. For example, full-time students may choose not to seek any employment during their college career, and are thus not considered in the unemployment rate. Stay-at-home parents and other caregivers are also considered outside of the labor force, and therefore outside the scope of the unemployment rate.

The unemployment rate is a key economic indicator, and is illustrative of economic conditions in the county at the individual scale.

There are additional considerations to the unemployment rate. Because it does not count those who are outside the labor force, it can exclude individuals who were looking for a job previously, but have since given up. The impact of this on the overall unemployment rate is difficult to quantify, but it is important to note because it shows that no statistic is perfect.

The unemployment rates for Champaign County, the City of Champaign, and the City of Urbana are extremely similar between 2000 and 2023.

All three areas saw a dramatic increase in the unemployment rate between 2006 and 2009. The unemployment rates for all three areas decreased overall between 2010 and 2019. However, the unemployment rate in all three areas rose sharply in 2020 due to the effects of the COVID-19 pandemic. The unemployment rate in all three areas dropped again in 2021 as pandemic restrictions were removed, and were almost back to 2019 rates in 2022. However, the unemployment rate in all three areas rose slightly from 2022 to 2023.

This data is sourced from the Illinois Department of Employment Security’s Local Area Unemployment Statistics (LAUS), and from the U.S. Bureau of Labor Statistics.

Sources: Illinois Department of Employment Security, Local Area Unemployment Statistics (LAUS); U.S. Bureau of Labor Statistics.

Unemployment Rate in Argentina decreased to 6.40 percent in the fourth quarter of 2024 from 6.90 percent in the third quarter of 2024. This dataset provides - Argentina Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Unemployment Rate - 16-19 Yrs., Black or African American (LNS14000018) from Jan 1972 to Feb 2025 about 16 to 19 years, African-American, household survey, unemployment, rate, and USA.

The unemployment rate of the United Kingdom was 4.4 percent in January 2025, unchanged from the previous month. Before the arrival of the COVID-19 pandemic, the UK had relatively low levels of unemployment, comparable with the mid-1970s. Between January 2000 and the most recent month, unemployment was highest in November 2011 when the unemployment rate hit 8.5 percent. Will unemployment continue to rise in 2025? Although low by historic standards, there has been a noticeable uptick in the UK's unemployment rate, with other labor market indicators also pointing to further loosening. In December 2024, the number of job vacancies in the UK, fell to its lowest level since May 2021, while payrolled employment declined by 47,000 compared with November. Whether this is a continuation of a broader cooling of the labor market since 2022, or a reaction to more recent economic developments, such as upcoming tax rises for employers, remains to be seen. Forecasts made in late 2024 suggest that the unemployment rate will remain relatively stable in 2025, averaging out at 4.1 percent, and falling again to four percent in 2026.
Demographics of the unemployed As of the third quarter of 2024, the unemployment rate for men was slightly higher than that of women, at 4.4 percent, compared to 4.1 percent. During the financial crisis at the end of the 2000s, the unemployment rate for women peaked at a quarterly rate of 7.7 percent, whereas for men, the rate was 9.1 percent. Unemployment is also heavily associated with age, and young people in general are far more vulnerable to unemployment than older age groups. In late 2011, for example, the unemployment rate for those aged between 16 and 24 reached 22.3 percent, compared with 8.2 percent for people aged 25 to 34, while older age groups had even lower peaks during this time.

Unemployment Rate in Georgia increased to 14.20 percent in the fourth quarter of 2024 from 13.80 percent in the third quarter of 2024. This dataset provides - Georgia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the annual unemployment rate of the United Kingdom is expected to be 4.3 percent, compared with four percent in 2023. Unemployment is forecast to fall to 4.1 percent in 2025, before falling again to four percent in 2026. A common indicator of an economy’s relative health, the unemployment rate has generally been falling in the United Kingdom since its 2011 peak of 8.1 percent. Uptick in unemployment in 2023 In the aftermath of the COVID-19 pandemic, the unemployment rate in the United Kingdom grew steadily, from just 3.9 percent at the start of 2020, to 5.1 percent by the end of the year. This was followed by a steep decline in unemployment that lasted until August 2022, when the unemployment rate was just 3.5 percent. There was a slight uptick in unemployment following this low, with the unemployment rate rising to 4.3 percent the following July. This has been matched by a fall in the number of UK job vacancies, which reached a peak of 1.3 million in May 2022, but has been falling in every subsequent month, with approximately 932,000 vacancies in January 2024. Other UK key economic indicators Although the UK's labor market was quite well protected from the economic fallout of the COVID-19 pandemic, other parts of the economy took a more severe hit. The initial lockdown measures resulted in a huge fall to UK GDP, in April 2020 which took over a year to reach its pre-pandemic size. Economic growth has remained sluggish ever since the initial recovery, with the UK economy alternating between weak growth and slight contractions. The UK even entered a technical recession at the end of 2023, following two quarters of negative growth. Inflation also skyrocketed from late 2021 onwards, reaching a peak of 11.1 percent in October 2022. Even one year after that peak, inflation has proven stubborn to get down, with a rate of 4.6 percent in October 2023.

Unemployment Rate in the United Kingdom remained unchanged at 4.40 percent in January. This dataset provides the latest reported value for - United Kingdom Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Unemployment Rate for United States (M0892AUSM156SNBR) from Apr 1929 to Jun 1942 about unemployment, rate, and USA.

Graph and download economic data for Unemployment Rate - 20 Yrs. & over (LNS14000024) from Jan 1948 to Feb 2025 about 20 years +, household survey, unemployment, rate, and USA.

United States Unemployment Rate: Age 16 to 19 data was reported at 12.000 % in Nov 2018. This records an increase from the previous number of 11.600 % for Oct 2018. United States Unemployment Rate: Age 16 to 19 data is updated monthly, averaging 15.900 % from Jan 1948 (Median) to Nov 2018, with 851 observations. The data reached an all-time high of 29.000 % in Jun 2010 and a record low of 5.700 % in Oct 1951. United States Unemployment Rate: Age 16 to 19 data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G018: Current Population Survey: Unemployment Rate.

Graph and download economic data for Unemployment Rate - Black or African American (LNS14000006) from Jan 1972 to Feb 2025 about African-American, 16 years +, household survey, unemployment, rate, and USA.

Unemployment Rate in South Africa decreased to 31.90 percent in the fourth quarter of 2024 from 32.10 percent in the third quarter of 2024. This dataset provides - South Africa Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Sweden decreased to 9.40 percent in February from 10.40 percent in January of 2025. This dataset provides the latest reported value for - Sweden Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Hong Kong increased to 3.20 percent in February from 3.10 percent in January of 2025. This dataset provides the latest reported value for - Hong Kong Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States Unemployment Rate: U2 Job Losers Who Completed Temporary Jobs data was reported at 1.900 % in Jun 2018. This records an increase from the previous number of 1.500 % for May 2018. United States Unemployment Rate: U2 Job Losers Who Completed Temporary Jobs data is updated monthly, averaging 2.800 % from Jan 1967 (Median) to Jun 2018, with 618 observations. The data reached an all-time high of 7.300 % in Jan 1983 and a record low of 1.000 % in Sep 1969. United States Unemployment Rate: U2 Job Losers Who Completed Temporary Jobs data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G018: Current Population Survey: Unemployment Rate.

United States Unemployment Rate: Farming, Fishing & Forestry data was reported at 5.000 % in Oct 2018. This records an increase from the previous number of 4.200 % for Sep 2018. United States Unemployment Rate: Farming, Fishing & Forestry data is updated monthly, averaging 10.900 % from Jan 2000 (Median) to Oct 2018, with 226 observations. The data reached an all-time high of 25.900 % in Jan 2010 and a record low of 4.000 % in Jun 2006. United States Unemployment Rate: Farming, Fishing & Forestry data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G018: Current Population Survey: Unemployment Rate.