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

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

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

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

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

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

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

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

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

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

Key information about US Unemployment Rate

• US Unemployment Rate dropped to 4.00% in Jan 2025, from the previously reported figure of 4.10% in Dec 2024.
• US Unemployment Rate is updated monthly, available from Jan 1948 to Jan 2025, with an average rate of 5.50%.
• The data reached an all-time high of 14.80% in Apr 2020 and a record low of 2.50% in Jun 1953.
• The data is reported by reported by U.S. Bureau of Labor Statistics.
• In the latest reports, US Population reached 341.16 million people in Dec 2024.

Graph and download economic data for Unemployment Rate in San Diego County, CA (CASAND5URN) from Jan 1990 to Jan 2025 about San Diego County, CA; San Diego; CA; unemployment; rate; and USA.

Unemployment Rate in Greece decreased to 8.70 percent in January from 9.30 percent in December of 2024. This dataset provides the latest reported value for - Greece Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about State of Palestine (West Bank and Gaza) Unemployment Rate

• State of Palestine (West Bank and Gaza) Unemployment Rate dropped to 31.10% in Jun 2024, from the previously reported figure of 35.20% in Mar 2024.
• State of Palestine (West Bank and Gaza) Unemployment Rate is updated quarterly, available from Mar 2000 to Jun 2024, with an average rate of 25.30%.
• The data reached an all-time high of 35.60% in Sep 2002 and a record low of 7.07% in Jun 2000.
• The data is reported by reported by CEIC Data.
• In the latest reports, State of Palestine (West Bank and Gaza) Population reached 5.88 million people in Jun 2026.

In 2023, around 23.5 percent of high school dropouts were unemployed, compared to 15.8 percent of graduates. See the United States unemployment rate and the monthly unemployment rate for further information. Unemployment among high school dropouts and high school graduatesAs seen from the timeline above, high school graduates are generally employed at a higher rate than individuals who had dropped out of high school. Since 2000, the share of high school dropouts to be employed has risen and fallen. Unemployment of high school dropouts reached a low in 2020 at 7.5 percent, falling well below graduates. In 2021, 90.1 percent of the U.S. population who were aged 25 and above had graduated from high school. Unemployment of high school graduates not enrolled in college is much higher than the national unemployment rate in the United States. As of 2021, unemployment in the U.S. was at 5.3 percent, down from a high of 9.6 percent unemployment in 2010, the highest yearly rate in ten years. Nationwide, unemployment is worst among farming, fishing, and forestry occupations, with a rate of 5.1 percent in May 2022, followed by construction and extraction occupations and transportation and material moving occupations. Not only were more than 7.5 percent of high school dropouts unemployed in 2021, but working high school dropouts earned less on average than individuals of any other level of educational attainment. In 2020, mean earnings of individuals who had not graduated from high school were about 26,815 U.S. dollars annually, compared to 39,498 dollars among high school graduates and 73,499 dollars among those with a Bachelor's degree.

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.

Key information about Vietnam Unemployment Rate

• Vietnam Unemployment Rate dropped to 2.22% in Dec 2024, from the previously reported figure of 2.23% in Sep 2024.
• Vietnam Unemployment Rate is updated quarterly, available from Mar 2011 to Dec 2024, with an average rate of 2.25%.
• The data reached an all-time high of 3.98% in Sep 2021 and a record low of 1.80% in Dec 2011.
• The data is reported by reported by CEIC Data.
• In the latest reports, Vietnam Population reached 101.34 million people in Dec 2024.

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

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

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

Unemployment Rate in Australia remained unchanged at 4.10 percent in February. This dataset provides - Australia Unemployment Rate at 5.8% in December - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Unemployment Rate in San Bernardino County, CA (CASANB1URN) from Jan 1990 to Jan 2025 about San Bernardino County, CA; Riverside; CA; unemployment; rate; and USA.

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.

Key information about Ecuador Unemployment Rate

• Ecuador Unemployment Rate dropped to 3.38% in Dec 2024, from the previously reported figure of 3.97% in Sep 2024.
• Ecuador Unemployment Rate is updated quarterly, available from Dec 2013 to Dec 2024, with an average rate of 4.35%.
• The data reached an all-time high of 5.71% in Mar 2016 and a record low of 3.38% in Dec 2024.
• The data is reported by reported by CEIC Data.
• In the latest reports, Ecuador Population reached 17.97 million people in Dec 2024.

Graph and download economic data for Labor Force Flows Unemployed to Employed (LNS17100000) from Feb 1990 to Feb 2025 about flow, 16 years +, labor force, labor, unemployment, employment, and USA.

Graph and download economic data for Unemployment Rate - High School Graduates, No College, 25 Yrs. & over (LNU04027660) from Jan 1992 to Feb 2025 about secondary schooling, secondary, 25 years +, tertiary schooling, education, household survey, unemployment, rate, and USA.

Graph and download economic data for Unemployment Rate in Grand Rapids-Wyoming, MI (MSA) (GRAN326URN) from Jan 1990 to Jan 2025 about Grand Rapids, MI, unemployment, rate, and USA.