In 2023, it was estimated that over 161 million Americans were in some form of employment, while 3.64 percent of the total workforce was unemployed. This was the lowest unemployment rate since the 1950s, although these figures are expected to rise in 2023 and beyond. 1980s-2010s Since the 1980s, the total United States labor force has generally risen as the population has grown, however, the annual average unemployment rate has fluctuated significantly, usually increasing in times of crisis, before falling more slowly during periods of recovery and economic stability. For example, unemployment peaked at 9.7 percent during the early 1980s recession, which was largely caused by the ripple effects of the Iranian Revolution on global oil prices and inflation. Other notable spikes came during the early 1990s; again, largely due to inflation caused by another oil shock, and during the early 2000s recession. The Great Recession then saw the U.S. unemployment rate soar to 9.6 percent, following the collapse of the U.S. housing market and its impact on the banking sector, and it was not until 2016 that unemployment returned to pre-recession levels. 2020s 2019 had marked a decade-long low in unemployment, before the economic impact of the Covid-19 pandemic saw the sharpest year-on-year increase in unemployment since the Great Depression, and the total number of workers fell by almost 10 million people. Despite the continuation of the pandemic in the years that followed, alongside the associated supply-chain issues and onset of the inflation crisis, unemployment reached just 3.67 percent in 2022 - current projections are for this figure to rise in 2023 and the years that follow, although these forecasts are subject to change if recent years are anything to go by.

Unemployment Rate in the United States decreased to 4.10 percent in June from 4.20 percent in May of 2025. This dataset provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the U.S. employment rate stood at 60.1 percent. Employed persons consist of: persons who did any work for pay or profit during the survey reference week; persons who did at least 15 hours of unpaid work in a family-operated enterprise; and persons who were temporarily absent from their regular jobs because of illness, vacation, bad weather, industrial dispute, or various personal reasons. The employment-population ratio represents the proportion of the civilian non-institutional population that is employed. The monthly unemployment rate for the United States can be found here.

In 1990, the unemployment rate of the United States stood at 5.6 percent. Since then there have been many significant fluctuations to this number - the 2008 financial crisis left millions of people without work, as did the COVID-19 pandemic. By the end of 2022 and throughout 2023, the unemployment rate came to 3.6 percent, the lowest rate seen for decades. However, 2024 saw an increase up to four percent. For monthly updates on unemployment in the United States visit either the monthly national unemployment rate here, or the monthly state unemployment rate here. Both are seasonally adjusted. UnemploymentUnemployment is defined as a situation when an employed person is laid off, fired or quits his work and is still actively looking for a job. Unemployment can be found even in the healthiest economies, and many economists consider an unemployment rate at or below five percent to mean there is 'full employment' within an economy. If former employed persons go back to school or leave the job to take care of children they are no longer part of the active labor force and therefore not counted among the unemployed. Unemployment can also be the effect of events that are not part of the normal dynamics of an economy. Layoffs can be the result of technological progress, for example when robots replace workers in automobile production. Sometimes unemployment is caused by job outsourcing, due to the fact that employers often search for cheap labor around the globe and not only domestically. In 2022, the tech sector in the U.S. experienced significant lay-offs amid growing economic uncertainty. In the fourth quarter of 2022, more than 70,000 workers were laid off, despite low unemployment nationwide. The unemployment rate in the United States varies from state to state. In 2021, California had the highest number of unemployed persons with 1.38 million out of work.

Graph and download economic data for Unemployment Rate Full-Time Workers (LNS14100000) from Jan 1968 to Jun 2025 about full-time, workers, 16 years +, household survey, unemployment, rate, and USA.

World unemployment rate for 2024 was 4.89%, a 0.02% decline from 2023.

<ul style='margin-top:20px;'>

<li>World unemployment rate for 2023 was <strong>4.92%</strong>, a <strong>0.34% decline</strong> from 2022.</li>
<li>World unemployment rate for 2022 was <strong>5.26%</strong>, a <strong>0.8% decline</strong> from 2021.</li>
<li>World unemployment rate for 2021 was <strong>6.06%</strong>, a <strong>0.54% decline</strong> from 2020.</li>
</ul>Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

Graph and download economic data for Unemployment Rate - 20 Yrs. & over (LNU04000024) from Jan 1948 to Jun 2025 about 20 years +, unemployment, rate, and USA.

In 2024, the employment rate of the workforce of 55 years and older decreased to 37.3 percent. Employment rate among young adults (age 16-24) was at 50.9 percent in 2024. For monthly updates on employment in the United States visit the annual national employment rate here.

Graph and download economic data for Unemployment Rate - White (LNS14000003) from Jan 1954 to Jun 2025 about white, 16 years +, household survey, unemployment, rate, and USA.

Employment Rate in Greece decreased to 89.60 percent in the first quarter of 2025 from 90.50 percent in the fourth quarter of 2024. This dataset provides - Greece Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Japan remained unchanged at 2.50 percent in May. This dataset provides the latest reported value for - Japan Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Russia increased to 61.30 percent in April from 61.20 percent in March of 2025. This dataset provides - Russia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Greece decreased to 7.90 percent in May from 8.30 percent in April of 2025. This dataset provides the latest reported value for - Greece Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Ireland increased to 74.70 percent in the first quarter of 2025 from 74.30 percent in the fourth quarter of 2024. This dataset provides - Ireland Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Germany remained unchanged at 6.30 percent in June. This dataset provides the latest reported value for - Germany Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Full Time Employment in the United States increased to 135277 Thousand in June from 134840 Thousand in May of 2025. This dataset provides - United States Full Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Employment Rate in Finland increased to 72.40 percent in May from 71.60 percent in April of 2025. This dataset provides - Finland Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Mexico decreased to 97.25 percent in May from 97.46 percent in April of 2025. This dataset provides - Mexico Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Czech Republic decreased to 75.50 percent in the first quarter of 2025 from 75.80 percent in the fourth quarter of 2024. This dataset provides - Czech Republic Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.