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.

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.

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.

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

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.

Youth unemployment stood at 9.7 percent in February 2025. Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. The unemployment rate by state can be found here, and the annual national unemployment rate can be found here. Youth unemployment in the United States The United States Bureau of Labor Statistics track unemployment of persons between the ages of 16 and 24 years each month. In analyzing the data, the Bureau of Labor Statistics performed a seasonal adjustment—removing seasonal influences from the time series, such that one month’s rate of unemployment could be analyzed in comparison with another month’s rate of unemployment. During the period in question, youth unemployment ranged from a high of 9.9 percent in April 2021, to a low of 6.5 percent in April 2023. The national youth unemployment rate can be compared to the monthly national unemployment rate in the United States, although youth unemployment tends to be much higher due to higher rates of participation in education. In May 2023, U.S. unemployment was at 3.7 percent, compared with 7.4 percent amongst those 16 to 24 years old. Additionally, as of May 2023, Nevada had the highest state unemployment rate of all U.S. states, at 5.4 percent.

In 2023, 5.4 percent of the labor force in Canada was unemployed. This is a slight increase from the previous year, when unemployment stood at 5.3 percent.

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.

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 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 Level - 20 Yrs. & over, White Men (LNS13000028) from Jan 1954 to Feb 2025 about 20 years +, males, white, household survey, unemployment, and USA.

The average unemployment rate was six percent in Germany in 2024. Since 2005, the rate of unemployment has generally been declining, though a slight increase was evident in recent years. Unemployment in Germany and comparison with other countries Germany has a comparatively low unemployment rate compared to its European neighbors, and they are expected to stay at around three percent over the next few years. This is a result of the damage the economy suffered during the COVID-19 pandemic. During the lockdown, most businesses were closed, and many companies lost revenue meaning employees were let go. It is also possible that higher unemployment figures will continue into later years because of inflation and rising energy prices. There is also a slightly higher unemployment rate among men than there is among women. Social support Social support is money paid out to those who are unable to work for some reason, its purpose is to protect those who are most vulnerable. The status of being unemployed is defined as when an employed person is laid off, fired, or quits his work and is still looking for a job, this is what qualifies someone to receive a citizens allowance (Bürgergeld) in Germany. The payments are only made if you are unemployed and worked for the last 12 months. Otherwise, benefits are received in the form of Arbeitslosengeld II, also called Hartz IV, which distributes social payments to people without an income who cannot work to make a living. Since January 2023 though, Arbeitlosengeld has been replaced by Bürgergeld, since this is a new transition, it is still possible that people will still refer to the benefits as Arbeitlosengeld or Hartz IV.

Unemployment Rate in Sweden decreased to 9.40 percent in February from 10.40 percent in January of 2025. This dataset provides the latest reported value for - Sweden Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States - Unemployment Rate - 20 Yrs. & over, White Men was 3.40% in March of 2022, according to the United States Federal Reserve. Historically, United States - Unemployment Rate - 20 Yrs. & over, White Men reached a record high of 12.20 in April of 2020 and a record low of 1.60 in September of 1968. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Unemployment Rate - 20 Yrs. & over, White Men - last updated from the United States Federal Reserve on March of 2025.

The unemployment rate for people ages 16 to 24 in the United States in 202024 23 was 10 percent. However, this rate was much lower for people aged 45 and over, at 2.9 percent. U.S. unemployment The unemployment rate in the United States varies based on several factors, such as race, gender, and level of education. Black and African-American individuals had the highest unemployment rate in 2021 out of any ethnicity, and people who had less than a high school diploma had the highest unemployment rate by education level. Alaska is consistently the state with the highest unemployment rate, although the El Centro, California metropolitan area was the area with the highest unemployment rate in the country in 2019. Additionally, in August 2022, farming, fishing, and forestry occupations had the highest unemployment rate in the United States Unemployment rate The U.S. Bureau of Labor Statistics is the agency that researches and calculates the unemployment rate in the United States. Unemployment rises during recessions, which causes the cost of social welfare programs to increase. The Bureau of Labor Statistics says unemployed people are those who are jobless, have looked for employment within the last four weeks, and are free to work.

Graph and download economic data for Unemployment Rate - 20 Yrs. & over, Black or African American Women (LNS14000032) from Jan 1972 to Feb 2025 about 20 years +, females, African-American, household survey, unemployment, rate, and USA.

The unemployment rate of the United Kingdom was 4.4 percent in January 2025, unchanged from the previous month. Before the arrival of the COVID-19 pandemic, the UK had relatively low levels of unemployment, comparable with the mid-1970s. Between January 2000 and the most recent month, unemployment was highest in November 2011 when the unemployment rate hit 8.5 percent. Will unemployment continue to rise in 2025? Although low by historic standards, there has been a noticeable uptick in the UK's unemployment rate, with other labor market indicators also pointing to further loosening. In December 2024, the number of job vacancies in the UK, fell to its lowest level since May 2021, while payrolled employment declined by 47,000 compared with November. Whether this is a continuation of a broader cooling of the labor market since 2022, or a reaction to more recent economic developments, such as upcoming tax rises for employers, remains to be seen. Forecasts made in late 2024 suggest that the unemployment rate will remain relatively stable in 2025, averaging out at 4.1 percent, and falling again to four percent in 2026.
Demographics of the unemployed As of the third quarter of 2024, the unemployment rate for men was slightly higher than that of women, at 4.4 percent, compared to 4.1 percent. During the financial crisis at the end of the 2000s, the unemployment rate for women peaked at a quarterly rate of 7.7 percent, whereas for men, the rate was 9.1 percent. Unemployment is also heavily associated with age, and young people in general are far more vulnerable to unemployment than older age groups. In late 2011, for example, the unemployment rate for those aged between 16 and 24 reached 22.3 percent, compared with 8.2 percent for people aged 25 to 34, while older age groups had even lower peaks during this time.

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.

Employment Rate in the United States decreased to 59.90 percent in February from 60.10 percent in January of 2025. This dataset provides - United States Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in India decreased to 8.20 percent in January from 8.30 percent in December of 2024. This dataset provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.