100+ datasets found
  1. 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.

  2. U.S. unemployment rate 2025, by industry and class of worker

    • statista.com
    • flwrdeptvarieties.store
    Updated Mar 11, 2025
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    Statista (2025). U.S. unemployment rate 2025, by industry and class of worker [Dataset]. https://www.statista.com/statistics/217787/unemployment-rate-in-the-united-states-by-industry-and-class-of-worker/
    Explore at:
    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 2025
    Area covered
    United States
    Description

    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.

  3. M

    U.S. Unemployment Rate 1991-2025

    • macrotrends.net
    csv
    Updated Feb 28, 2025
    + more versions
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    MACROTRENDS (2025). U.S. Unemployment Rate 1991-2025 [Dataset]. https://www.macrotrends.net/global-metrics/countries/usa/united-states/unemployment-rate
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    csvAvailable download formats
    Dataset updated
    Feb 28, 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

    Time period covered
    Dec 31, 1991 - Mar 26, 2025
    Area covered
    United States
    Description

    Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

  4. F

    Unemployment Rate - 30-34 Yrs.

    • fred.stlouisfed.org
    json
    Updated Mar 7, 2025
    + more versions
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    (2025). Unemployment Rate - 30-34 Yrs. [Dataset]. https://fred.stlouisfed.org/series/LNU04024933
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    jsonAvailable download formats
    Dataset updated
    Mar 7, 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 - 30-34 Yrs. (LNU04024933) from Jan 1981 to Feb 2025 about 30 to 34 years, unemployment, rate, and USA.

  5. U.S. seasonally adjusted unemployment rate 2022-2024

    • statista.com
    Updated Nov 11, 2024
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    Statista (2024). U.S. seasonally adjusted unemployment rate 2022-2024 [Dataset]. https://www.statista.com/statistics/273909/seasonally-adjusted-monthly-unemployment-rate-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

    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.

  6. T

    Spain Unemployment Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Jan 28, 2025
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    TRADING ECONOMICS (2025). Spain Unemployment Rate [Dataset]. https://tradingeconomics.com/spain/unemployment-rate
    Explore at:
    excel, csv, xml, jsonAvailable download formats
    Dataset updated
    Jan 28, 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, 1976 - Dec 31, 2024
    Area covered
    Spain
    Description

    Unemployment Rate in Spain decreased to 10.61 percent in the fourth quarter of 2024 from 11.21 percent in the third quarter of 2024. This dataset provides the latest reported value for - Spain Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  7. F

    Unemployment Rate - Black or African American

    • fred.stlouisfed.org
    json
    Updated Mar 7, 2025
    + more versions
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    (2025). Unemployment Rate - Black or African American [Dataset]. https://fred.stlouisfed.org/series/LNS14000006
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    jsonAvailable download formats
    Dataset updated
    Mar 7, 2025
    License

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

    Area covered
    Africa
    Description

    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.

  8. T

    United States - Unemployment Rate - 20 Yrs. & over, Men

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 3, 2018
    + more versions
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    TRADING ECONOMICS (2018). United States - Unemployment Rate - 20 Yrs. & over, Men [Dataset]. https://tradingeconomics.com/united-states/unemployment-rate-20-years-and-over-men-percent-fed-data.html
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Jun 3, 2018
    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 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Unemployment Rate - 20 Yrs. & over, Men was 3.80% in March of 2022, according to the United States Federal Reserve. Historically, United States - Unemployment Rate - 20 Yrs. & over, Men reached a record high of 12.90 in April of 2020 and a record low of 1.70 in October of 1952. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Unemployment Rate - 20 Yrs. & over, Men - last updated from the United States Federal Reserve on March of 2025.

  9. F

    Unemployment Rate - 16-24 Yrs.

    • fred.stlouisfed.org
    json
    Updated Mar 7, 2025
    + more versions
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    (2025). Unemployment Rate - 16-24 Yrs. [Dataset]. https://fred.stlouisfed.org/series/LNS14024887
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 7, 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. (LNS14024887) from Jan 1948 to Feb 2025 about 16 to 24 years, unemployment, rate, and USA.

  10. F

    Unemployment Rate - 20 Yrs. & over

    • fred.stlouisfed.org
    json
    Updated Mar 7, 2025
    + more versions
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    (2025). Unemployment Rate - 20 Yrs. & over [Dataset]. https://fred.stlouisfed.org/series/LNS14000024
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 7, 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 - 20 Yrs. & over (LNS14000024) from Jan 1948 to Feb 2025 about 20 years +, household survey, unemployment, rate, and USA.

  11. U.S. African American unemployment rate 1990-2023

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. African American unemployment rate 1990-2023 [Dataset]. https://www.statista.com/statistics/194151/unemployment-rate-of-african-americans-in-the-us-since-1990/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the unemployment rate of African Americans in the United States stood at 5.5 percent. This was over the national average of 3.6 percent.

    The high rate of unemployment

    There are many reasons why the unemployment rate among minorities is different than the national average. When it comes to African Americans, a large part of this is due to historical events, such as slavery and the struggle for civil rights, as well as the number of Black families living below the poverty level. Additionally, in 2019, for every 100,000 of the population, there were 2,203 Black men in prison. This high rate of imprisonment can contribute to the unemployment rate for African Americans, since having been in prison can reduce one’s chances of finding a job once released.

    Earning differences

    African Americans also make less money than other ethnicities in the United States. In 2020, the median weekly earnings of African Americans were 794 U.S. dollars, compared to Asians, who made 1,310 U.S. dollars per week, and whites, who made 1,003 U.S. dollars per week. While the African American unemployment rate may be low, it is clear that much has to change in order to achieve full equality.

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

    • data.ca.gov
    • catalog.data.gov
    csv
    Updated Jul 24, 2023
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    Local Area Unemployment Statistics (LAUS), Annual Average [Dataset]. https://data.ca.gov/dataset/local-area-unemployment-statistics-laus-annual-average
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    csv(1469197)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 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. T

    United Kingdom Unemployment Rate

    • tradingeconomics.com
    • ko.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Feb 18, 2025
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    TRADING ECONOMICS (2025). United Kingdom Unemployment Rate [Dataset]. https://tradingeconomics.com/united-kingdom/unemployment-rate
    Explore at:
    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Feb 18, 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
    Mar 31, 1971 - Jan 31, 2025
    Area covered
    United Kingdom
    Description

    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.

  14. U

    United States Unemployment Rate: U1 Unemployed 15Wks & Over

    • ceicdata.com
    Updated Apr 2, 2018
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    CEICdata.com (2018). United States Unemployment Rate: U1 Unemployed 15Wks & Over [Dataset]. https://www.ceicdata.com/en/united-states/current-population-survey-unemployment-rate/unemployment-rate-u1-unemployed-15wks--over
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    Dataset updated
    Apr 2, 2018
    Dataset provided by
    CEICdata.com
    License

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

    Time period covered
    May 1, 2017 - Apr 1, 2018
    Area covered
    United States
    Variables measured
    Unemployment
    Description

    United States Unemployment Rate: U1 Unemployed 15Wks & Over data was reported at 1.300 % in Jun 2018. This records a decrease from the previous number of 1.400 % for May 2018. United States Unemployment Rate: U1 Unemployed 15Wks & Over data is updated monthly, averaging 1.600 % from Jan 1948 (Median) to Jun 2018, with 846 observations. The data reached an all-time high of 6.300 % in Apr 2010 and a record low of 0.200 % in Oct 1953. United States Unemployment Rate: U1 Unemployed 15Wks & Over 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.

  15. T

    United States - Unemployment Rate - Black or African American

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 12, 2018
    + more versions
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    TRADING ECONOMICS (2018). United States - Unemployment Rate - Black or African American [Dataset]. https://tradingeconomics.com/united-states/unemployment-rate-black-or-african-american-fed-data.html
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    Mar 12, 2018
    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 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Unemployment Rate - Black or African American was 6.00% in February of 2025, according to the United States Federal Reserve. Historically, United States - Unemployment Rate - Black or African American reached a record high of 21.20 in January of 1983 and a record low of 4.80 in April of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Unemployment Rate - Black or African American - last updated from the United States Federal Reserve on March of 2025.

  16. U

    United States Unemployment Rate: U2 Job Losers Who Completed Temporary Jobs

    • ceicdata.com
    Updated Jan 15, 2025
    + more versions
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    CEICdata.com (2025). United States Unemployment Rate: U2 Job Losers Who Completed Temporary Jobs [Dataset]. https://www.ceicdata.com/en/united-states/current-population-survey-unemployment-rate/unemployment-rate-u2-job-losers-who-completed-temporary-jobs
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEICdata.com
    License

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

    Time period covered
    May 1, 2017 - Apr 1, 2018
    Area covered
    United States
    Variables measured
    Unemployment
    Description

    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.

  17. T

    United States - Unemployment Rate

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 30, 2017
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    TRADING ECONOMICS (2017). United States - Unemployment Rate [Dataset]. https://tradingeconomics.com/united-states/civilian-unemployment-rate-percent-m-sa-fed-data.html
    Explore at:
    excel, json, csv, xmlAvailable download formats
    Dataset updated
    May 30, 2017
    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 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Unemployment Rate was 4.10% in February of 2025, according to the United States Federal Reserve. Historically, United States - Unemployment Rate reached a record high of 14.80 in April of 2020 and a record low of 2.50 in May of 1953. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Unemployment Rate - last updated from the United States Federal Reserve on March of 2025.

  18. U

    United States Unemployment Rate: Farming, Fishing & Forestry

    • ceicdata.com
    Updated May 20, 2024
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    CEICdata.com (2024). United States Unemployment Rate: Farming, Fishing & Forestry [Dataset]. https://www.ceicdata.com/en/united-states/current-population-survey-unemployment-rate/unemployment-rate-farming-fishing--forestry
    Explore at:
    Dataset updated
    May 20, 2024
    Dataset provided by
    CEICdata.com
    License

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

    Time period covered
    May 1, 2017 - Apr 1, 2018
    Area covered
    United States
    Variables measured
    Unemployment
    Description

    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.

  19. F

    Unemployment Rate - Hispanic or Latino

    • fred.stlouisfed.org
    json
    Updated Mar 7, 2025
    + more versions
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    (2025). Unemployment Rate - Hispanic or Latino [Dataset]. https://fred.stlouisfed.org/series/LNS14000009
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 7, 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 - Hispanic or Latino (LNS14000009) from Mar 1973 to Feb 2025 about 16 years +, latino, hispanic, household survey, unemployment, rate, and USA.

  20. U

    United States Unemployment Rate: Indiana

    • ceicdata.com
    Updated Feb 15, 2025
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    United States Unemployment Rate: Indiana [Dataset]. https://www.ceicdata.com/en/united-states/unemployment-rate-by-state/unemployment-rate-indiana
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

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

    Time period covered
    Apr 1, 2017 - Mar 1, 2018
    Area covered
    United States
    Variables measured
    Unemployment
    Description

    United States Unemployment Rate: Indiana data was reported at 3.600 % in Oct 2018. This records an increase from the previous number of 3.000 % for Sep 2018. United States Unemployment Rate: Indiana data is updated monthly, averaging 5.500 % from Jan 1976 (Median) to Oct 2018, with 514 observations. The data reached an all-time high of 13.400 % in Jan 1983 and a record low of 2.200 % in Oct 2000. United States Unemployment Rate: Indiana 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.G057: Unemployment Rate: By State.

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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/
Organization logo

U.S. annual unemployment rate 1990-2024

Explore at:
23 scholarly articles cite this dataset (View in Google Scholar)
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.

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