41 datasets found
  1. F

    Unemployment Rate for United States

    • fred.stlouisfed.org
    json
    Updated Aug 17, 2012
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    (2012). Unemployment Rate for United States [Dataset]. https://fred.stlouisfed.org/series/M0892AUSM156SNBR
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    jsonAvailable download formats
    Dataset updated
    Aug 17, 2012
    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 Unemployment Rate for United States (M0892AUSM156SNBR) from Apr 1929 to Jun 1942 about unemployment, rate, and USA.

  2. 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.

  3. United States: historical total unemployment and unemployment rate 1890-1988...

    • statista.com
    Updated Dec 31, 1993
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    Statista (1993). United States: historical total unemployment and unemployment rate 1890-1988 [Dataset]. https://www.statista.com/statistics/1315397/united-states-unemployment-number-rate-historical/
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    Dataset updated
    Dec 31, 1993
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    1890 - 1988
    Area covered
    United States
    Description

    From the late 19th century until the 1980s, the United States' unemployment rate was generally somewhere between three and ten percent of the total workforce. The periods when it peaked were in times of recession or depression - the Panic of 1893, which lasted until 1897, saw unemployment peak at over 18 percent, whereas the post-WWI recession saw unemployment spike to almost 12 percent in 1921.

    However, the longest and most-severe period of mass unemployment in U.S. history came during the Great Depression - unemployment rose from just 3.2 percent in 1929 to one quarter of the total workforce in 1933, and it was not until the Second World War until it fell below five percent once more. Since this time, unemployment has never exceeded 10 percent, although it did come close during the recessions of the 1970s and 1980s.

    More recent unemployment statistics for the U.S. can be found here.

  4. 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.

  5. U.S. total monthly unemployment benefits paid 2019-2024

    • ai-chatbox.pro
    • statista.com
    Updated May 30, 2025
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    Abigail Tierney (2025). U.S. total monthly unemployment benefits paid 2019-2024 [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F9225%2Funemployment-worldwide%2F%23XgboD02vawLYpGJjSPEePEUG%2FVFd%2Bik%3D
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    Dataset updated
    May 30, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Abigail Tierney
    Area covered
    United States
    Description

    In July 2024, 3.16 billion U.S. dollars were paid out in unemployment benefits in the United States. This is an increase from June 2024, when 2.62 billion U.S. dollars were paid in unemployment benefits. The large figures seen in 2020 are largely due to the impact of the coronavirus pandemic. Welfare in the U.S. Unemployment benefits first started in 1935 during the Great Depression as a part of President Franklin D. Roosevelt’s New Deal. The Social Security Act of 1935 ensured that Americans would not fall deeper into poverty. The United States was the only developed nation in the world at the time that did not offer any welfare benefits. This program created unemployment benefits, Medicare and Medicaid, and maternal and child welfare. The only major welfare program that the United States currently lacks is a paid maternity leave policy. Currently, the United States only offers 12 unpaid weeks of leave, under certain circumstances. However, the number of people without health insurance in the United States has greatly decreased since 2010. Unemployment benefits Current unemployment benefits in the United States vary from state to state due to unemployment being funded by both the state and the federal government. The average duration of people collecting unemployment benefits in the United States has fluctuated since January 2020, from as little as 4.55 weeks to as many as 50.32 weeks. The unemployment rate varies by ethnicity, gender, and education levels. For example, those aged 16 to 24 have faced the highest unemployment rates since 1990 during the pandemic. In February 2023, the Las Vegas-Henderson-Paradise, NV metropolitan area had the highest unemployment rate in the United States.

  6. F

    Unemployment Rate - 16-24 Yrs.

    • fred.stlouisfed.org
    json
    Updated Jul 3, 2025
    + more versions
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    (2025). Unemployment Rate - 16-24 Yrs. [Dataset]. https://fred.stlouisfed.org/series/LNU04024887
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    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 - 16-24 Yrs. (LNU04024887) from Jan 1948 to Jun 2025 about 16 to 24 years, unemployment, rate, and USA.

  7. Recession in America - impact on the unemployment rate

    • statista.com
    Updated Jun 30, 2010
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    Statista (2010). Recession in America - impact on the unemployment rate [Dataset]. https://www.statista.com/statistics/199317/the-impact-of-the-recession-on-the-us-unemployment-rate-by-education/
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    Dataset updated
    Jun 30, 2010
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    This statistic shows, the impact of the recession on the unemployment rate in America, by degree of education attained. Due to the recession, the unemployment rate of people who have a high school diploma increased from *** percent to **** percent.

  8. U.S. monthly state unemployment rate 2024

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). U.S. monthly state unemployment rate 2024 [Dataset]. https://www.statista.com/statistics/200017/state-unemployment-rate-in-the-us/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Dec 2024
    Area covered
    United States
    Description

    In December 2024, Nevada had the highest unemployment rate in the United States, with an unemployment rate of 5.7. The unemployment rate was also high in the District of Columbia, with an unemployment rate of 5.6 percent in December. Unemployment in the U.S. A person is considered unemployed if they have no job and are currently looking for a job and available to work. The unemployment rate in the United States varies across states. Nation-wide unemployment was 3.4 percent as of April 2023. Unemployment can be affected by various factors including economic conditions and global competition. During economic prosperity, unemployment rates generally decrease and during times of recession, rates increase. The seasons can also have an impact on the unemployment rate, especially during winter, when there is lower demand for construction workers or other professionals who typically work outdoors. The retail sector also experiences fluctuating demand for workers, particularly during the holiday-shopping season, when demand for workers increases. For this reason, labor statistics are usually presented as being either seasonally adjusted or unadjusted. The data presented in this statistic have been seasonally adjusted, but the monthly unadjusted unemployment rate can be accessed here.

  9. f

    Assets among low-income families in the Great Recession

    • plos.figshare.com
    docx
    Updated Jun 1, 2023
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    Valentina Duque; Natasha V. Pilkauskas; Irwin Garfinkel (2023). Assets among low-income families in the Great Recession [Dataset]. http://doi.org/10.1371/journal.pone.0192370
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    docxAvailable download formats
    Dataset updated
    Jun 1, 2023
    Dataset provided by
    PLOS ONE
    Authors
    Valentina Duque; Natasha V. Pilkauskas; Irwin Garfinkel
    License

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

    Description

    This paper examines the association between the Great Recession and real assets among families with young children. Real assets such as homes and cars are key indicators of economic well-being that may be especially valuable to low-income families. Using longitudinal data from the Fragile Families and Child Wellbeing Study (N = 4,898), we investigate the association between the city unemployment rate and home and car ownership and how the relationship varies by family structure (married, cohabiting, and single parents) and by race/ethnicity (White, Black, and Hispanic mothers). Using mother fixed-effects models, we find that a one percentage point increase in the unemployment rate is associated with a -0.5 percentage point decline in the probability of home ownership and a -0.7 percentage point decline in the probability of car ownership. We also find that the recession was associated with lower levels of home ownership for cohabiting families and for Hispanic families, as well as lower car ownership among single mothers and among Black mothers, whereas no change was observed among married families or White households. Considering that homes and cars are the most important assets among middle and low-income households in the U.S., these results suggest that the rise in the unemployment rate during the Great Recession may have increased household asset inequality across family structures and race/ethnicities, limiting economic mobility, and exacerbating the cycle of poverty.

  10. o

    Replication data for: Disability Insurance and the Great Recession

    • openicpsr.org
    • search.gesis.org
    • +1more
    Updated May 1, 2015
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    Nicole Maestas; Kathleen J. Mullen; Alexander Strand (2015). Replication data for: Disability Insurance and the Great Recession [Dataset]. http://doi.org/10.3886/E113409V1
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    Dataset updated
    May 1, 2015
    Dataset provided by
    American Economic Association
    Authors
    Nicole Maestas; Kathleen J. Mullen; Alexander Strand
    Description

    The US Social Security Disability Insurance (SSDI) program is designed to provide income support to workers who become unable to work because of a severe, long-lasting disability. In this study, we use administrative data to estimate the effect of labor market conditions, as measured by the unemployment rate, on the number of SSDI applications, the number and composition of initial allowances and denials, and the timing of applications relative to disability onset. We analyze the period of the Great Recession, and compare this period with business cycle effects over the past two decades, from 1992 through 2012.

  11. F

    Unemployment Rate in Pennsylvania

    • fred.stlouisfed.org
    json
    Updated May 22, 2025
    + more versions
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    (2025). Unemployment Rate in Pennsylvania [Dataset]. https://fred.stlouisfed.org/series/PAUR
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    jsonAvailable download formats
    Dataset updated
    May 22, 2025
    License

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

    Area covered
    Pennsylvania
    Description

    Graph and download economic data for Unemployment Rate in Pennsylvania (PAUR) from Jan 1976 to Apr 2025 about PA, unemployment, rate, and USA.

  12. Recession in America - impact on the unemployment rate

    • statista.com
    Updated Jun 30, 2010
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    Statista (2010). Recession in America - impact on the unemployment rate [Dataset]. https://www.statista.com/statistics/199311/the-impact-of-the-recession-on-the-unemployment-rate-in-the-us-by-industry/
    Explore at:
    Dataset updated
    Jun 30, 2010
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    This statistic shows, the impact of the recession on the unemployment rate in America by industry. Due to the recession, the unemployment rate increased from *** percent to *** percent in the education & health sector.

  13. U.S. unemployment rate of women unadjusted 2022-2024

    • statista.com
    Updated Nov 11, 2024
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    Statista (2024). U.S. unemployment rate of women unadjusted 2022-2024 [Dataset]. https://www.statista.com/statistics/193298/unadjusted-unemployment-rate-of-women-in-the-us/
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    Dataset updated
    Nov 11, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Oct 2022 - Oct 2024
    Area covered
    United States
    Description

    In October 2024, the unadjusted unemployment rate of women in the United States stood at 3.9 percent. This was a no change from the previous month. What is seasonal adjustment? Seasonal adjustment is a statistical method that attempts to remove seasonal patters from figures to show how employment and unemployment changes from month to month. For example, seasonal adjustment is used to account for the extra people that are hired in retail around Christmas. Seasonal adjustment makes it so that monthly data can be compared more accurately over the long term. When looking at the seasonally adjusted female unemployment rate, for example, one can see that it is more uniform than the unadjusted rate in order to account for the seasonal component. Unemployment in the United States Unemployment in the United States is seen as a critical indicator of how the economy is doing. In 2010, for example, unemployment in the U.S. was at 9.6 percent due to the Great Recession – the highest figure since 1990. Since 2010, unemployment has been steadily falling as the economy has recovered, and even hit its lowest point since 1990 in 2022, at 3.6 percent. Due to the coronavirus pandemic, unemployment in 2021 soared to 8.1 percent.

  14. Exploring the Spatial Relationship Between Severe Depression, COVID-19...

    • figshare.com
    xlsx
    Updated Jul 1, 2025
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    Wencong Cui; yuqing wang (2025). Exploring the Spatial Relationship Between Severe Depression, COVID-19 Cases, and Vaccination Rates in US Counties: A Longitudinal Analysis [Dataset]. http://doi.org/10.6084/m9.figshare.29451644.v1
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    xlsxAvailable download formats
    Dataset updated
    Jul 1, 2025
    Dataset provided by
    figshare
    Authors
    Wencong Cui; yuqing wang
    License

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

    Area covered
    United States
    Description

    This dataset contains county-level information for U.S. counties from 2020 to 2022, aiming to explore the potential relationship between COVID-19 vaccination coverage and the prevalence of severe depression. It integrates multiple data sources, including public health statistics, socioeconomic indicators, environmental variables, and demographic characteristics. The dataset is structured to support spatial, temporal, and statistical analysis.Key Variables Include:Mental Health: Severe depression rates per 100,000 population for 2021 and 2022COVID-19 Metrics: Case rates per 100,000 (2021, 2022), and vaccination rates (2-dose complete, 5+ population)Socioeconomic Data: Unemployment rates, median household income, percent of adults with bachelor's degree or higherEnvironmental Factors: Average daily sunlight (KJ/m²), cooling degree daysDemographics: Population size, gender distribution, age distribution, urbanization rateHealth Behavior Indicators: Rates of smoking, obesity, physical inactivity, and excessive drinkingLog-transformed versions of several variables are also included to support regression modeling and machine learning tasks.Purpose:The dataset is curated for research that investigates the interplay between COVID-19 vaccination campaigns and mental health outcomes, with potential applications in spatial epidemiology, public health policy, and social determinants of health research.Temporal Coverage: 2020–2022Geographic Scope: U.S. counties (N ≈ 3,000+)Data Format: XlsxSuggested Citation: Wencong Cui, Yuqing Wang, "COVID-19 Vaccination and Depression: U.S. County-Level Dataset (2020–2022)", Figshare, 2025. DOI: 10.6084/m9.figshare.29451644

  15. f

    Sample descriptive statistics by relationship status.

    • figshare.com
    xls
    Updated May 31, 2023
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    Valentina Duque; Natasha V. Pilkauskas; Irwin Garfinkel (2023). Sample descriptive statistics by relationship status. [Dataset]. http://doi.org/10.1371/journal.pone.0192370.t001
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    xlsAvailable download formats
    Dataset updated
    May 31, 2023
    Dataset provided by
    PLOS ONE
    Authors
    Valentina Duque; Natasha V. Pilkauskas; Irwin Garfinkel
    License

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

    Description

    Sample descriptive statistics by relationship status.

  16. Unemployment rates in Western Europe, the U.S. and Japan in select periods...

    • statista.com
    Updated Dec 31, 1993
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    Statista (1993). Unemployment rates in Western Europe, the U.S. and Japan in select periods 1960-1990 [Dataset]. https://www.statista.com/statistics/1076308/unemployment-rates-europe-us-japan-by-period-1960-1990/
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    Dataset updated
    Dec 31, 1993
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    1960 - 1990
    Area covered
    Europe
    Description

    A series of recessions in the 1970s and 1980s meant that unemployment rates in some Western European countries rose to their highest levels since the Great Depression in the 1930s. While countries such as West Germany closed out the period of prosperity (known as the "Golden Age of Capitalism") with unemployment rates below one percent, figures rose gradually in the 1970s, and then furthermore in the 1980s. Throughout the 1960s and 1970s, the highest levels of unemployment in the listed countries were observed in Ireland and the United States; although the highest levels of unemployment in the 1980s were observed in Spain, during its transition to democracy. Of the major economic powers listed here, Japan saw the least amount of fluctuation, with a high of just 2.5 percent in the given periods; almost half of the U.S.' lowest unemployment figure in these periods.

  17. ABC News/Washington Post Monthly Poll, January 2009

    • icpsr.umich.edu
    ascii, delimited, sas +2
    Updated Jun 10, 2010
    + more versions
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    Inter-university Consortium for Political and Social Research [distributor] (2010). ABC News/Washington Post Monthly Poll, January 2009 [Dataset]. http://doi.org/10.3886/ICPSR27761.v1
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    spss, ascii, delimited, sas, stataAvailable download formats
    Dataset updated
    Jun 10, 2010
    Dataset provided by
    Inter-university Consortium for Political and Social Researchhttps://www.icpsr.umich.edu/web/pages/
    License

    https://www.icpsr.umich.edu/web/ICPSR/studies/27761/termshttps://www.icpsr.umich.edu/web/ICPSR/studies/27761/terms

    Time period covered
    Jan 2009
    Area covered
    United States
    Description

    This poll, fielded January 13-16, 2009, is a part of a continuing series of monthly surveys that solicits public opinion on the presidency and on a range of other political and social issues. A national sample of 1,079 adults was surveyed, including an oversample of 204 African Americans. Opinions were sought on how well George W. Bush handled his job as president, how Dick Cheney handled his job as vice president, and whether things in the country were going in the right direction. Respondents were asked their opinions about how they thought President George Bush would go down in history, how newly elected Barack Obama handled his presidential transition, the level of confidence they had in President Obama and Congress to make decisions for the country's future, the expectations they had for Obama's performance as president, whether he got off to a good start in dealing with the economy, and the confidence level they had that President Obama's economic program would improve the economy. Views were sought on the kind of priority the president and Congress should give several issues including the economy, the situation in Iran, in Israel, and in Afghanistan, the federal budget deficit, education, global warming, health care, immigration issues, the United States campaign against terrorism, and taxes. Respondents were also asked questions about and the kind of priority that should be given to items that could be included in the economic stimulus plan such as upgrading schools with new technology, computerizing American medical records, extending unemployment insurance and health care coverage, and putting a moratorium on home mortgage foreclosures. Several questions addressed race relations and asked such things as whether Blacks in the community receive equal treatment, whether respondents felt they were ever denied housing or a job because of their race, and whether they felt they had ever been stopped by the police because of their race. Additional topics covered included respondents' personal finances, the war in Iraq, the situation in Afghanistan, the United States military prison at Guantanamo Bay, the treatment of terrorist suspects, embryonic stem cell research, and race relations. Demographic variables include sex, age, race, education level, political party affiliation, political philosophy, religious preference, and household income.

  18. d

    Replication data for: Economic downturns and suicide mortality in the United...

    • search.dataone.org
    • dataverse.harvard.edu
    Updated Nov 21, 2023
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    Harper, Sam (2023). Replication data for: Economic downturns and suicide mortality in the United States, 1980-2010: observational study. [Dataset]. http://doi.org/10.7910/DVN/29188
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    Dataset updated
    Nov 21, 2023
    Dataset provided by
    Harvard Dataverse
    Authors
    Harper, Sam
    Time period covered
    Jan 1, 1980 - Dec 31, 2010
    Description

    These files contain the publicly available data and statistical code to reproduce the tables and figures found in: Harper S, Charters TJ, Strumpf EC, Galea S, Nandi A. Economic downturns and suicide mortality in the United States, 1980-2010: observational study. Int J Epidemiol 2015

  19. Great Recession: unemployment rate in the G7 countries 2007-2011

    • statista.com
    Updated Sep 2, 2024
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    Statista (2024). Great Recession: unemployment rate in the G7 countries 2007-2011 [Dataset]. https://www.statista.com/statistics/1346779/unemployment-rate-g7-great-recession/
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    Dataset updated
    Sep 2, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2007 - 2011
    Area covered
    Worldwide
    Description

    With the collapse of the U.S. housing market and the subsequent financial crisis on Wall Street in 2007 and 2008, economies across the globe began to enter into deep recessions. What had started out as a crisis centered on the United States quickly became global in nature, as it became apparent that not only had the economies of other advanced countries (grouped together as the G7) become intimately tied to the U.S. financial system, but that many of them had experienced housing and asset price bubbles similar to that in the U.S.. The United Kingdom had experienced a huge inflation of housing prices since the 1990s, while Eurozone members (such as Germany, France and Italy) had financial sectors which had become involved in reckless lending to economies on the periphery of the EU, such as Greece, Ireland and Portugal. Other countries, such as Japan, were hit heavily due their export-led growth models which suffered from the decline in international trade. Unemployment during the Great Recession As business and consumer confidence crashed, credit markets froze, and international trade contracted, the unemployment rate in the most advanced economies shot up. While four to five percent is generally considered to be a healthy unemployment rate, nearing full employment in the economy (when any remaining unemployment is not related to a lack of consumer demand), many of these countries experienced rates at least double that, with unemployment in the United States peaking at almost 10 percent in 2010. In large countries, unemployment rates of this level meant millions or tens of millions of people being out of work, which led to political pressures to stimulate economies and create jobs. By 2012, many of these countries were seeing declining unemployment rates, however, in France and Italy rates of joblessness continued to increase as the Euro crisis took hold. These countries suffered from having a monetary policy which was too tight for their economies (due to the ECB controlling interest rates) and fiscal policy which was constrained by EU debt rules. Left with the option of deregulating their labor markets and pursuing austerity policies, their unemployment rates remained over 10 percent well into the 2010s. Differences in labor markets The differences in unemployment rates at the peak of the crisis (2009-2010) reflect not only the differences in how economies were affected by the downturn, but also the differing labor market institutions and programs in the various countries. Countries with more 'liberalized' labor markets, such as the United States and United Kingdom experienced sharp jumps in their unemployment rate due to the ease at which employers can lay off workers in these countries. When the crisis subsided in these countries, however, their unemployment rates quickly began to drop below those of the other countries, due to their more dynamic labor markets which make it easier to hire workers when the economy is doing well. On the other hand, countries with more 'coordinated' labor market institutions, such as Germany and Japan, experiences lower rates of unemployment during the crisis, as programs such as short-time work, job sharing, and wage restraint agreements were used to keep workers in their jobs. While these countries are less likely to experience spikes in unemployment during crises, the highly regulated nature of their labor markets mean that they are slower to add jobs during periods of economic prosperity.

  20. United States: annual number of banks and thrifts 1920-1935

    • statista.com
    Updated Jun 27, 2025
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    Statista (2025). United States: annual number of banks and thrifts 1920-1935 [Dataset]. https://www.statista.com/statistics/1317843/us-number-banks-thrifts-great-depression/
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    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The estimated number of banks and thrifts in the United States fell from around ****** in 1920 to ****** in 1929, when the onset of the Great Depression would then see it fall further, below ****** in 1933. This marks a cumulative decline of over ****** banks and thrifts, which is equal to a drop of more than ** percent in 13 years. Tumultuous Twenties Despite the economic prosperity associated with the Roarin' 1920s in the U.S., it was a tumultuous decade in financial terms, with more separate recessions than any other decade. However, the ***** was also privy to frivolous lending policies among many banks, which saw the banking sector collapse in the wake of the Wall Street Crash in 1929. Many banks failed as the Great Depression and unemployment spread across the country, and customers or businesses could not afford to repay their loans. It was only after this financial crisis where the federal government began keeping more stringent and accurate records on its banking sector, therefore precise figures and the reasons behind these bank failures are not always clear. Franklin D. Roosevelt Just two days after assuming office in 1933, Franklin D. Roosevelt drastically declared a bank holiday, and all banks in the country were closed from ******* until ********. This break allowed Congress to pass the Emergency Banking Act on *******, which saw the Federal Reserve provide deposit insurance for all reopened banks thereafter. Through his first fireside chat, Roosevelt then encouraged Americans to re-deposit their money in the banks again, which successfully restored much of the public's faith in the banking system - it is estimated that over half of the cash withdrawn during the Great Depression was then returned to the banks by ********.

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(2012). Unemployment Rate for United States [Dataset]. https://fred.stlouisfed.org/series/M0892AUSM156SNBR

Unemployment Rate for United States

M0892AUSM156SNBR

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12 scholarly articles cite this dataset (View in Google Scholar)
jsonAvailable download formats
Dataset updated
Aug 17, 2012
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 Unemployment Rate for United States (M0892AUSM156SNBR) from Apr 1929 to Jun 1942 about unemployment, rate, and USA.

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