100+ datasets found
  1. Total employment figures and unemployment rate in the United States...

    • statista.com
    • ai-chatbox.pro
    Updated Jul 4, 2024
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    Statista (2024). Total employment figures and unemployment rate in the United States 1980-2025 [Dataset]. https://www.statista.com/statistics/269959/employment-in-the-united-states/
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    Dataset updated
    Jul 4, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  2. T

    United States Unemployment Rate

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 3, 2025
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    TRADING ECONOMICS (2025). United States Unemployment Rate [Dataset]. https://tradingeconomics.com/united-states/unemployment-rate
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    Jul 3, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1948 - Jun 30, 2025
    Area covered
    United States
    Description

    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.

  3. U.S. seasonally adjusted unemployment rate 2023-2025

    • statista.com
    • ai-chatbox.pro
    Updated Mar 11, 2025
    + more versions
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    Statista (2025). U.S. seasonally adjusted unemployment rate 2023-2025 [Dataset]. https://www.statista.com/statistics/273909/seasonally-adjusted-monthly-unemployment-rate-in-the-us/
    Explore at:
    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 2023 - Feb 2025
    Area covered
    United States
    Description

    The seasonally-adjusted national unemployment rate is measured on a monthly basis in the United States. In February 2025, 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.

  4. U

    Labor force participation

    • dataverse-staging.rdmc.unc.edu
    tsv, txt
    Updated Apr 29, 2022
    + more versions
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    Carolina Tracker; Carolina Tracker (2022). Labor force participation [Dataset]. http://doi.org/10.15139/S3/1TFL7N
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    tsv(231983), tsv(531), txt(13538)Available download formats
    Dataset updated
    Apr 29, 2022
    Dataset provided by
    UNC Dataverse
    Authors
    Carolina Tracker; Carolina Tracker
    License

    CC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
    License information was derived automatically

    Description

    This dataset from the Bureau of Labor Statistics provides monthly estimates regarding total employment and unemployment, which together comprise the labor force. Our data extract lists all data published for North Carolina’s counties from January 2019 to the present. This dataset is a comprehensive nationwide representation using estimates derived from the national Current Population Survey (CPS) and American Community Survey 5-year estimates. No disaggregations by demographic or worker characteristics are included in the labor force estimate. Time series reports for each variable (employment, unemployment, and labor force) are available for each geography (county) using the BLS multi-screen data tool. Preliminary estimates are released within 30 days of each month and finalized within another 30 days, resulting in a 2-month data lag. The data is available from BLS for a variety of geographic areas, including states, MSAs, counties, cities and towns, and other census regions.

  5. U.S. annual unemployment rate 1990-2024

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). U.S. annual unemployment rate 1990-2024 [Dataset]. https://www.statista.com/statistics/193290/unemployment-rate-in-the-usa-since-1990/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  6. T

    United States Employment Rate

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States Employment Rate [Dataset]. https://tradingeconomics.com/united-states/employment-rate
    Explore at:
    excel, xml, json, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1948 - Jun 30, 2025
    Area covered
    United States
    Description

    Employment Rate in the United States remained unchanged at 59.70 percent in June. This dataset provides - United States Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  7. F

    Unemployment Rate Full-Time Workers

    • fred.stlouisfed.org
    json
    Updated Jul 3, 2025
    + more versions
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    (2025). Unemployment Rate Full-Time Workers [Dataset]. https://fred.stlouisfed.org/series/LNS14100000
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jul 3, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    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.

  8. F

    Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years...

    • fred.stlouisfed.org
    json
    Updated Jun 16, 2025
    + more versions
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    (2025). Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for United States [Dataset]. https://fred.stlouisfed.org/series/LREM25TTUSM156S
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    jsonAvailable download formats
    Dataset updated
    Jun 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    United States
    Description

    Graph and download economic data for Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for United States (LREM25TTUSM156S) from Jan 1977 to May 2025 about 25 to 54 years, employment-population ratio, employment, population, rate, and USA.

  9. F

    Total Unemployed, Plus All Persons Marginally Attached to the Labor Force,...

    • fred.stlouisfed.org
    json
    Updated Jul 3, 2025
    + more versions
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    (2025). Total Unemployed, Plus All Persons Marginally Attached to the Labor Force, Plus Total Employed Part Time for Economic Reasons, as a Percent of the Civilian Labor Force Plus All Persons Marginally Attached to the Labor Force (U-6) [Dataset]. https://fred.stlouisfed.org/series/U6RATE
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jul 3, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Total Unemployed, Plus All Persons Marginally Attached to the Labor Force, Plus Total Employed Part Time for Economic Reasons, as a Percent of the Civilian Labor Force Plus All Persons Marginally Attached to the Labor Force (U-6) (U6RATE) from Jan 1994 to Jun 2025 about marginally attached, part-time, labor underutilization, workers, 16 years +, labor, household survey, unemployment, and USA.

  10. T

    Japan Unemployment Rate

    • tradingeconomics.com
    • pl.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 26, 2025
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    TRADING ECONOMICS (2025). Japan Unemployment Rate [Dataset]. https://tradingeconomics.com/japan/unemployment-rate
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Jun 26, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1953 - May 31, 2025
    Area covered
    Japan
    Description

    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.

  11. T

    Vital Signs: Unemployment Rate – by city

    • data.bayareametro.gov
    application/rdfxml +5
    Updated Jul 11, 2019
    + more versions
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    (2019). Vital Signs: Unemployment Rate – by city [Dataset]. https://data.bayareametro.gov/dataset/Vital-Signs-Unemployment-Rate-by-city/viqu-evtj
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    application/rssxml, json, xml, csv, tsv, application/rdfxmlAvailable download formats
    Dataset updated
    Jul 11, 2019
    Description

    VITAL SIGNS INDICATOR Unemployment (EC3)

    FULL MEASURE NAME Unemployment rate by residential location

    LAST UPDATED July 2019

    DESCRIPTION Unemployment refers to the share of the labor force – by place of residence – that is not currently employed full-time or part-time. The unemployment rate reflects the strength of the overall employment market.

    DATA SOURCE California Employment Development Department: Historical Unemployment Rates 1990-2018 https://data.edd.ca.gov/Labor-Force-and-Unemployment-Rates/Local-Area-Unemployment-Statistics-LAUS-Annual-Ave/7jbb-3rb8

    CONTACT INFORMATION vitalsigns.info@bayareametro.gov

    METHODOLOGY NOTES (across all datasets for this indicator) Unemployment rates produced by EDD for the region and county levels are not adjusted for seasonality (as they reflect annual data) and are final data (i.e., not preliminary). Unemployment rates produced by BLS for the metro regions are adjusted for seasonality; they reflect the primary MSA for the named region, except for the San Francisco Bay Area which uses the nine-county region. The unemployment rate is calculated based on the number of unemployed persons divided by the total labor force. Note that the unemployment rate can decline or increase as a result of changes in either variable.

  12. Local Area Unemployment Statistics (LAUS), Annual Average

    • catalog.data.gov
    • s.cnmilf.com
    Updated Nov 27, 2024
    + more versions
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    California Employment Development Department (2024). Local Area Unemployment Statistics (LAUS), Annual Average [Dataset]. https://catalog.data.gov/dataset/local-area-unemployment-statistics-laus-annual-average
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    Dataset updated
    Nov 27, 2024
    Dataset provided by
    Employment Development Departmenthttp://www.edd.ca.gov/
    Description

    This dataset contains the Local Area Unemployment Statistics (LAUS), annual averages from 1990 to 2023. The Local Area Unemployment Statistics (LAUS) program is a Federal-State cooperative effort in which monthly estimates of total employment and unemployment are prepared for approximately 7,600 areas, including counties, cities and metropolitan statistical areas. These estimates are key indicators of local economic conditions. The Bureau of Labor Statistics (BLS) of the U.S. Department of Labor is responsible for the concepts, definitions, technical procedures, validation, and publication of the estimates that State workforce agencies prepare under agreement with BLS. Estimates for counties are produced through a building-block approach known as the "Handbook method." This procedure also uses data from several sources, including the CPS, the CES program, state UI systems, and the Census Bureau's American Community Survey (ACS), to create estimates that are adjusted to the statewide measures of employment and unemployment. Estimates for cities are prepared using disaggregation techniques based on inputs from the ACS, annual population estimates, and current UI data.

  13. Unemployment rate in Taiwan 1980-2030

    • statista.com
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    Statista, Unemployment rate in Taiwan 1980-2030 [Dataset]. https://www.statista.com/statistics/727602/unemployment-rate-in-taiwan/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Taiwan
    Description

    The unemployment rate in Taiwan amounted to approximately 3.39 percent in 2024. Between 1980 and 2024, the rate rose by around 2.16 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The rate will remain unchanged between 2024 and 2030, showing complete stability throughout the period.This indicator describes the unemployment rate, which can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The latter defines it as the number of unemployed people divided by the total labor force.

  14. F

    Unemployment Rate Part-Time Workers

    • fred.stlouisfed.org
    json
    Updated Jun 6, 2025
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    (2025). Unemployment Rate Part-Time Workers [Dataset]. https://fred.stlouisfed.org/series/LNS14200000
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 6, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Unemployment Rate Part-Time Workers (LNS14200000) from Jan 1968 to May 2025 about part-time, workers, 16 years +, household survey, unemployment, rate, and USA.

  15. Hong Kong SAR, China Graduate Employment: Unemployment Rate: Total Graduate

    • ceicdata.com
    Updated Jan 15, 2025
    + more versions
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    CEICdata.com (2025). Hong Kong SAR, China Graduate Employment: Unemployment Rate: Total Graduate [Dataset]. https://www.ceicdata.com/en/hong-kong/employment-graduate-ugc-funded-institution/graduate-employment-unemployment-rate-total-graduate
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2005 - Dec 1, 2016
    Area covered
    Hong Kong
    Variables measured
    Employment
    Description

    Hong Kong Graduate Employment: Unemployment Rate: Total Graduate data was reported at 2.200 % in 2017. This records a decrease from the previous number of 2.400 % for 2016. Hong Kong Graduate Employment: Unemployment Rate: Total Graduate data is updated yearly, averaging 2.150 % from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 8.400 % in 1998 and a record low of 1.400 % in 2011. Hong Kong Graduate Employment: Unemployment Rate: Total Graduate data remains active status in CEIC and is reported by University Grants Committee. The data is categorized under Global Database’s Hong Kong – Table HK.G037: Employment: Graduate: UGC Funded Institution.

  16. Total unemployment rate

    • data.europa.eu
    tsv, zip
    Updated Nov 14, 2021
    + more versions
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    Eurostat (2021). Total unemployment rate [Dataset]. https://data.europa.eu/data/datasets/5wwzzynxik3astazdxagg?locale=en
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    zip, tsvAvailable download formats
    Dataset updated
    Nov 14, 2021
    Dataset authored and provided by
    Eurostathttps://ec.europa.eu/eurostat
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Unemployment rates represent unemployed persons as a percentage of the labour force. The labour force is the total number of people employed and unemployed. Unemployed persons comprise persons aged 15 to 74 who were: a. without work during the reference week, b. currently available for work, i.e. were available for paid employment or self-employment before the end of the two weeks following the reference week, c. actively seeking work, i.e. had taken specific steps in the four weeks period ending with the reference week to seek paid employment or self-employment or who found a job to start later, i.e. within a period of, at most, three months. This table does not only show unemployment rates but also unemployed in 1000 and as % of the total population.

  17. T

    United States Full Time Employment

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States Full Time Employment [Dataset]. https://tradingeconomics.com/united-states/full-time-employment
    Explore at:
    excel, csv, xml, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1968 - Jun 30, 2025
    Area covered
    United States
    Description

    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.

  18. T

    China Unemployment Rate

    • tradingeconomics.com
    • jp.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 11, 2025
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    TRADING ECONOMICS (2025). China Unemployment Rate [Dataset]. https://tradingeconomics.com/china/unemployment-rate
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 30, 2002 - May 31, 2025
    Area covered
    China
    Description

    Unemployment Rate in China decreased to 5 percent in May from 5.10 percent in April of 2025. This dataset provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  19. Local Area Unemployment Statistics (LAUS), Annual Average

    • data.ca.gov
    csv
    Updated Jul 24, 2023
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    California Employment Development Department (2023). Local Area Unemployment Statistics (LAUS), Annual Average [Dataset]. https://data.ca.gov/dataset/local-area-unemployment-statistics-laus-annual-average
    Explore at:
    csv(1559178)Available download formats
    Dataset updated
    Jul 24, 2023
    Dataset provided by
    Employment Development Departmenthttp://www.edd.ca.gov/
    Authors
    California Employment Development Department
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    This dataset contains the Local Area Unemployment Statistics (LAUS), annual averages from 1990 to 2024.

    The Local Area Unemployment Statistics (LAUS) program is a Federal-State cooperative effort in which monthly estimates of total employment and unemployment are prepared for approximately 7,600 areas, including counties, cities and metropolitan statistical areas. These estimates are key indicators of local economic conditions.

    The Bureau of Labor Statistics (BLS) of the U.S. Department of Labor is responsible for the concepts, definitions, technical procedures, validation, and publication of the estimates that State workforce agencies prepare under agreement with BLS.

    Estimates for counties are produced through a building-block approach known as the "Handbook method." This procedure also uses data from several sources, including the CPS, the CES program, state UI systems, and the Census Bureau's American Community Survey (ACS), to create estimates that are adjusted to the statewide measures of employment and unemployment. Estimates for cities are prepared using disaggregation techniques based on inputs from the ACS, annual population estimates, and current UI data.

  20. M

    World Unemployment Rate (1991-2024)

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). World Unemployment Rate (1991-2024) [Dataset]. https://www.macrotrends.net/global-metrics/countries/wld/world/unemployment-rate
    Explore at:
    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    World, world
    Description
    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.
    
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Statista (2024). Total employment figures and unemployment rate in the United States 1980-2025 [Dataset]. https://www.statista.com/statistics/269959/employment-in-the-united-states/
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Total employment figures and unemployment rate in the United States 1980-2025

Explore at:
17 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jul 4, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

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.

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