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.

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.

Graph and download economic data for Unemployment Rate in the District of Columbia (DCDIST5URN) from Jan 1976 to May 2025 about DC, Washington, unemployment, rate, and USA.

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.

Long-term unemployment surged in the United States in the aftermath of the Global Financial Crisis (2007-2008) and Great Recession (2008-2009). The long-term unemployment rate did not fall below its pre-Great Recession levels until March 2020, which was caused by the surge in the numbers of regular unemployed persons in the U.S., not by a decrease in the absolute number of long-term unemployed. Long-term unemployment is defined as a worker who is seeking work having been unemployed for 27 weeks or longer. This is a serious problem in the United States as many long-term unemployed workers have low levels of educational attainment, have worked in declining industries in the past (such as some primary or manufacturing sectors), or come from minority groups. Active labor market policies are used to address these issues, with schemes such as training and job-sharing schemes aiming to improve the job prospects of the long-term unemployed. The question of whether automation and other structural changes to the economy are causing a secular increase in long-term unemployment is a key issue facing the U.S. in the 21st century.

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.

Graph and download economic data for Unemployment Rate - 25-34 Yrs. (LNU04000089) from Jan 1948 to Jun 2025 about 25 to 34 years, unemployment, rate, and USA.

The global unemployment insurance market is experiencing robust growth, driven by rising unemployment rates globally and increasing government initiatives to provide social safety nets. While precise figures for market size and CAGR are not provided, we can infer a significant market based on the listed companies, many of which are major players in the global insurance sector. Considering the involvement of global insurance giants like Allianz, Generali, and AIA, coupled with the presence of significant regional players across Europe, Asia, and North America, a conservative estimate for the 2025 market size would be $500 billion USD. Assuming a moderate growth trajectory reflective of increasing economic volatility and government spending on social programs, a Compound Annual Growth Rate (CAGR) of 5-7% over the forecast period (2025-2033) is plausible. This translates to a projected market value exceeding $800 billion USD by 2033. Market drivers include government regulations mandating unemployment insurance, increasing job insecurity across various industries, and rising awareness of the social and economic benefits of these programs. Trends indicate a shift towards digital platforms for claims processing and benefit disbursement, alongside a growing focus on personalized risk assessments and tailored unemployment insurance products. However, market restraints include economic downturns affecting government budgets and the challenges of effectively managing fraudulent claims. The market is highly segmented by region, with developed economies in North America and Europe holding significant shares. However, rapidly developing economies in Asia and Latin America are showcasing significant growth potential due to expanding workforces and increasing urbanization. The competitive landscape is characterized by both large multinational insurers and smaller, regional players. Strategic partnerships, mergers, and acquisitions are common strategies employed by companies seeking to expand their market share and product offerings within this dynamic sector. Overall, the future of the unemployment insurance market presents substantial opportunities for growth and innovation, particularly as governments and insurers continue to adapt to evolving economic conditions and technological advancements.

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

Unemployment Rate in Turkey decreased to 8.40 percent in May from 8.60 percent in April of 2025. This dataset provides the latest reported value for - Turkey 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 Philippines decreased to 3.90 percent in May from 4.10 percent in April of 2025. This dataset provides - Philippines Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

This is the replication package for “How does the dramatic rise of CPS nonresponse impact labor market indicators?” by Robert Bernhardt, David Munro, and Erin L. Wolcott, Journal of Applied Econometrics, 2024, forthcoming. The README outlines how to download the publicly available CPS data and run the STATA programs in the zipped folder to replicate the results.

Graph and download economic data for Unemployment Rate in West Virginia (WVUR) from Jan 1976 to Apr 2025 about WV, unemployment, rate, and USA.

Unemployment Rate in France increased to 7.40 percent in the first quarter of 2025 from 7.30 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - France Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The global unemployment insurance market is a substantial and growing sector, driven by increasing unemployment rates globally, particularly in developing economies, and a growing awareness of the social and economic benefits of robust unemployment insurance systems. The market's expansion is fueled by governmental initiatives promoting social safety nets and the increasing adoption of both compulsory and non-compulsory unemployment insurance schemes across various regions. The diverse segments within this market, categorized by application (e.g., foreign personnel, retirees, farmers) and insurance system type (compulsory, non-compulsory, etc.), offer varied growth opportunities. While economic downturns and fluctuating employment rates can act as restraints, the long-term trend points towards continued market growth, driven by evolving societal needs and a greater focus on social welfare. The presence of numerous major insurance providers highlights a competitive landscape, spurring innovation and the development of more comprehensive and tailored unemployment insurance solutions. We estimate the market size in 2025 to be around $500 billion (USD), based on extrapolation of typical insurance market growth rates and the substantial societal needs being addressed. A conservative projected CAGR of 5% over the forecast period (2025-2033) reflects a consistent yet sustainable growth trajectory. This growth is expected to be regionally diverse. While mature markets in North America and Europe may experience more moderate growth rates, developing economies in Asia-Pacific and parts of Africa are expected to witness higher growth due to increasing formalization of labor markets and governments prioritizing social security programs. The competitiveness of the market is expected to remain robust, with established players such as Allianz and AIA Group alongside regional players constantly seeking to improve their offerings and expand their market share. Future market development will likely depend on factors including regulatory changes, technological advancements in risk assessment and claim processing, and the evolving needs of different demographic segments. The adoption of innovative digital solutions will likely play a significant role in enhancing efficiency and accessibility within the unemployment insurance sector.

A dominant trend in recent modeling of labor market fluctuations is to treat unemployment inflows as acyclical. This trend has been encouraged by recent influential papers that stress the role of longer unemployment spells, rather than more unemployment spells, in accounting for recessionary unemployment. After reviewing an empirical literature going back several decades, we apply a convenient log change decomposition to Current Population Survey data to characterize rising unemployment in each postwar recession. We conclude that a complete understanding of cyclical unemployment requires an explanation of countercyclical inflow rates, especially for job losers (layoffs), as well as procyclical outflow rates. (JEL E24, E32)

Graph and download economic data for Initial Claims (ICSA) from 1967-01-07 to 2025-07-05 about initial claims, headline figure, and USA.

According to the diversionary use of force literature, unemployment as an indicator of poor economy should increase the likelihood of diversionary conflict. I argue, however, leaders do not engage in such conflict unconditionally simply when unemployment is rising. Whether worsening unemployment leads to diversionary conflict depends on the availability of policies that can alleviate the condition. Only when such policy availability is low, will diversionary conflict become more likely as unemployment deteriorates. When ameliorating policies are available, unemployment should reduce the likelihood of diversionary conflict. Focusing on central bank independence (CBI) as a primary mechanism that shapes the availability of policies that tackle unemployment, I expect that high CBI encourages the use of diversionary conflict as unemployment surges. An augmented zero-inflated negative binomial analysis of an updated militarized dispute dataset for the period 1975-2013 lends strong and robust support to this theoretical postulate. The causal mechanism is also empirically validated.

Based on the number of deaths of despair in 2018 and projected levels of unemployment from 2020 to 2029, it is estimated that the additional number of deaths in 2023 could range from 2,017 to 21,457 depending on the rate of economic recovery after the COVID-19 recession. This statistic shows the possible additional deaths of despair following the COVID-19 recession for select economic scenarios, given a 1.6 percent increase in unemployment, in the United States from 2020 to 2029.