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.

United States US: Unemployment Rate: % Change over Previous Period data was reported at -10.616 % in 2017. This records a decrease from the previous number of -8.031 % for 2016. United States US: Unemployment Rate: % Change over Previous Period data is updated yearly, averaging -5.513 % from Dec 1949 (Median) to 2017, with 69 observations. The data reached an all-time high of 89.744 % in 1954 and a record low of -37.402 % in 1951. United States US: Unemployment Rate: % Change over Previous Period data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Labour Force, Employment and Unemployment: Annual.

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.

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.

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.

United States US: Unemployment Rate: % Change data was reported at -10.616 % in 2017. This records a decrease from the previous number of -8.031 % for 2016. United States US: Unemployment Rate: % Change data is updated yearly, averaging -5.513 % from Dec 1949 (Median) to 2017, with 69 observations. The data reached an all-time high of 89.744 % in 1954 and a record low of -37.402 % in 1951. United States US: Unemployment Rate: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Labour Force, Employment and Unemployment: Annual.

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.

Venezuela VE: Unemployment Rate: % Change over Previous Period data was reported at 3.458 % in Apr 2016. This records an increase from the previous number of -2.624 % for Mar 2016. Venezuela VE: Unemployment Rate: % Change over Previous Period data is updated monthly, averaging -2.313 % from Feb 1999 (Median) to Apr 2016, with 204 observations. The data reached an all-time high of 69.779 % in Jan 2014 and a record low of -25.264 % in Feb 2008. Venezuela VE: Unemployment Rate: % Change over Previous Period data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Venezuela – Table VE.IMF.IFS: Labour Force, Employment and Unemployment.

Unemployment Rate in Mali increased to 3.30 percent in 2023 from 3.10 percent in 2022. This dataset provides - Mali Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Brazil BR: Unemployment Rate: % Change over Previous Period data was reported at 13.403 % in 2017. This records a decrease from the previous number of 35.584 % for 2016. Brazil BR: Unemployment Rate: % Change over Previous Period data is updated yearly, averaging 2.467 % from Dec 1985 (Median) to 2017, with 31 observations. The data reached an all-time high of 50.808 % in 1996 and a record low of -29.412 % in 1986. Brazil BR: Unemployment Rate: % Change over Previous Period data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Brazil – Table BR.IMF.IFS: Labour Force, Employment and Unemployment: Annual.

Over-the-Year Change in Unemployment Rates for Metropolitan Areas . Rates shown are a percentage of the labor force. Data refer to place of residence. Estimates for the current month are subject to revision the following month.

Unemployment Rate in Georgia increased to 14.20 percent in the fourth quarter of 2024 from 13.80 percent in the third quarter of 2024. This dataset provides - Georgia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Unemployment Rate: % Change data was reported at -2.353 % in 2017. This records a decrease from the previous number of -0.247 % for 2016. China Unemployment Rate: % Change data is updated yearly, averaging 0.000 % from Dec 1986 (Median) to 2017, with 32 observations. The data reached an all-time high of 30.000 % in 1989 and a record low of -8.000 % in 1991. China Unemployment Rate: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.IFS: Labour Force, Employment and Unemployment: Annual.

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 Russia increased to 2.40 percent in January from 2.30 percent in December of 2024. This dataset provides - Russia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Equatorial Guinea GQ: Unemployment Rate: % Change over Previous Period data was reported at 81.476 % in Jun 2021. This records an increase from the previous number of -0.984 % for Mar 2021. Equatorial Guinea GQ: Unemployment Rate: % Change over Previous Period data is updated quarterly, averaging -1.390 % from Jun 2000 (Median) to Jun 2021, with 85 observations. The data reached an all-time high of 81.476 % in Jun 2021 and a record low of -13.320 % in Jun 2007. Equatorial Guinea GQ: Unemployment Rate: % Change over Previous Period data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Equatorial Guinea – Table GQ.IMF.IFS: Labour Force, Employment and Unemployment: Quarterly.

Unemployment Rate in Argentina decreased to 6.40 percent in the fourth quarter of 2024 from 6.90 percent in the third quarter of 2024. This dataset provides - Argentina Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungary HU: Unemployment Rate: % Change data was reported at -18.600 % in 2017. This records an increase from the previous number of -25.366 % for 2016. Hungary HU: Unemployment Rate: % Change data is updated yearly, averaging -2.539 % from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 28.632 % in 2009 and a record low of -25.366 % in 2016. Hungary HU: Unemployment Rate: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hungary – Table HU.IMF.IFS: Labour Force, Employment and Unemployment: Annual.

Unemployment Rate in Albania increased to 8.80 percent in the fourth quarter of 2024 from 8.10 percent in the third quarter of 2024. This dataset provides - Albania Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in Vietnam increased to 7.96 percent in the fourth quarter of 2024 from 7.73 percent in the third quarter of 2024. This dataset provides - Vietnam Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.