100+ datasets found
  1. U.S. unemployment rate and forecasts FY 2024-2035

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). U.S. unemployment rate and forecasts FY 2024-2035 [Dataset]. https://www.statista.com/statistics/217029/forecast-to-the-unemployment-rate-in-the-united-states/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  2. F

    FOMC Summary of Economic Projections for the Civilian Unemployment Rate,...

    • fred.stlouisfed.org
    json
    Updated Mar 19, 2025
    + more versions
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    (2025). FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, High [Dataset]. https://fred.stlouisfed.org/series/UNRATECTH
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    jsonAvailable download formats
    Dataset updated
    Mar 19, 2025
    License

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

    Description

    Graph and download economic data for FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, High (UNRATECTH) from 2025 to 2027 about projection, civilian, unemployment, rate, and USA.

  3. U

    United States Unemployment Rate Nowcast: sa: Contribution: GDP Nowcast: FRB...

    • ceicdata.com
    Updated Mar 10, 2025
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    CEICdata.com (2025). United States Unemployment Rate Nowcast: sa: Contribution: GDP Nowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ [Dataset]. https://www.ceicdata.com/en/united-states/ceic-nowcast-unemployment-rate/unemployment-rate-nowcast-sa-contribution-gdp-nowcast-frb-atlanta-forecast-evolution-gdpnow-saar-qoq
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    Dataset updated
    Mar 10, 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
    Dec 23, 2024 - Mar 10, 2025
    Area covered
    United States
    Description

    United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data was reported at 8.816 % in 10 Mar 2025. This records an increase from the previous number of 0.000 % for 03 Mar 2025. United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data is updated weekly, averaging 0.060 % from Jan 2020 (Median) to 10 Mar 2025, with 270 observations. The data reached an all-time high of 51.517 % in 06 Jul 2020 and a record low of 0.000 % in 03 Mar 2025. United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Unemployment Rate.

  4. Total employment figures and unemployment rate in the United States...

    • statista.com
    Updated Jul 4, 2024
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    Statista (2024). Total employment figures and unemployment rate in the United States 1980-2025 [Dataset]. https://www.statista.com/statistics/269959/employment-in-the-united-states/
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    Dataset updated
    Jul 4, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  5. U

    United States US: Employment Rate: Age 15-74

    • ceicdata.com
    Updated Feb 15, 2025
    + more versions
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    CEICdata.com (2025). United States US: Employment Rate: Age 15-74 [Dataset]. https://www.ceicdata.com/en/united-states/employment-and-unemployment-forecast-oecd-member-annual/us-employment-rate-age-1574
    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
    Dec 1, 2015 - Dec 1, 2026
    Area covered
    United States
    Variables measured
    Unemployment
    Description

    United States US: Employment Rate: Age 15-74 data was reported at 67.118 % in 2026. This records an increase from the previous number of 66.828 % for 2025. United States US: Employment Rate: Age 15-74 data is updated yearly, averaging 65.646 % from Dec 1985 (Median) to 2026, with 42 observations. The data reached an all-time high of 69.750 % in 2000 and a record low of 61.414 % in 2010. United States US: Employment Rate: Age 15-74 data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.EO: Employment and Unemployment: Forecast: OECD Member: Annual.

  6. T

    United States Employment Rate

    • tradingeconomics.com
    • id.tradingeconomics.com
    • +16more
    csv, excel, json, xml
    Updated Feb 17, 2024
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    TRADING ECONOMICS (2024). United States Employment Rate [Dataset]. https://tradingeconomics.com/united-states/employment-rate
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    excel, xml, json, csvAvailable download formats
    Dataset updated
    Feb 17, 2024
    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 31, 1948 - Feb 28, 2025
    Area covered
    United States
    Description

    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.

  7. U

    United States FRBOP Forecast: Unemployment Rate: Mean: sa: Plus 3 Qtrs

    • ceicdata.com
    Updated Jan 15, 2025
    + more versions
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    CEICdata.com (2025). United States FRBOP Forecast: Unemployment Rate: Mean: sa: Plus 3 Qtrs [Dataset]. https://www.ceicdata.com/en/united-states/current-population-survey-unemployment-rate-seasonally-adjusted-forecast-federal-reserve-bank-of-philadelphia/frbop-forecast-unemployment-rate-mean-sa-plus-3-qtrs
    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
    Jun 1, 2016 - Mar 1, 2019
    Area covered
    United States
    Description

    United States FRBOP Forecast: Unemployment Rate: Mean: sa: Plus 3 Qtrs data was reported at 3.679 % in Mar 2019. This records an increase from the previous number of 3.629 % for Dec 2018. United States FRBOP Forecast: Unemployment Rate: Mean: sa: Plus 3 Qtrs data is updated quarterly, averaging 5.788 % from Dec 1968 (Median) to Mar 2019, with 202 observations. The data reached an all-time high of 9.992 % in Mar 1983 and a record low of 3.629 % in Dec 2018. United States FRBOP Forecast: Unemployment Rate: Mean: sa: Plus 3 Qtrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.G025: Current Population Survey: Unemployment Rate: Seasonally Adjusted: Forecast: Federal Reserve Bank of Philadelphia.

  8. 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.

  9. T

    United States Jobless Claims 4-week Average

    • tradingeconomics.com
    • hu.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 27, 2025
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    TRADING ECONOMICS (2025). United States Jobless Claims 4-week Average [Dataset]. https://tradingeconomics.com/united-states/jobless-claims-4-week-average
    Explore at:
    json, xml, csv, excelAvailable download formats
    Dataset updated
    Mar 27, 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
    Jan 28, 1967 - Mar 22, 2025
    Area covered
    United States
    Description

    Jobless Claims 4-week Average in the United States decreased to 224 Thousand in March 22 from 228.75 Thousand in the previous week. This dataset provides - United States Jobless Claims 4-week Average- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  10. T

    United States - FOMC Summary of Economic Projections for the Civilian...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Oct 2, 2018
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    TRADING ECONOMICS (2018). United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Low [Dataset]. https://tradingeconomics.com/united-states/fomc-summary-of-economic-projections-for-the-civilian-unemployment-rate-central-tendency-low-fed-data.html
    Explore at:
    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Oct 2, 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 - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Low was 4.00000 Fourth Qtr., % in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Low reached a record high of 7.00000 in January of 2020 and a record low of 3.50000 in January of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Low - last updated from the United States Federal Reserve on March of 2025.

  11. Unemployment rate predictions 2019-2025, by region

    • statista.com
    Updated Jul 4, 2024
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    Statista (2024). Unemployment rate predictions 2019-2025, by region [Dataset]. https://www.statista.com/statistics/1291462/unemployment-rate-forecast-regions/
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    Dataset updated
    Jul 4, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Nov 2023
    Area covered
    Worldwide
    Description

    According to predictions for 2019 to 2025, the unemployment rate will remain relatively stable in most world regions. In 2024 and 2025, it is estimated to be highest in Central and Western Asia followed by Africa and Latin America and the Caribbean. On the other hand, it was estimated to be lowest in Southeast Asia and The Pacific.

  12. G

    Unemployment rate forecast in North America | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated May 25, 2019
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    Globalen LLC (2019). Unemployment rate forecast in North America | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/unemployment_outlook/North-America/
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    csv, excel, xmlAvailable download formats
    Dataset updated
    May 25, 2019
    Dataset authored and provided by
    Globalen LLC
    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, 1980 - Dec 31, 2028
    Area covered
    World
    Description

    The average for 2024 based on 14 countries was 6.24 percent. The highest value was in the Bahamas: 9.97 percent and the lowest value was in Mexico: 2.96 percent. The indicator is available from 1980 to 2028. Below is a chart for all countries where data are available.

  13. F

    Noncyclical Rate of Unemployment

    • fred.stlouisfed.org
    json
    Updated Jul 1, 2024
    + more versions
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    (2024). Noncyclical Rate of Unemployment [Dataset]. https://fred.stlouisfed.org/graph/?id=NROU
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jul 1, 2024
    License

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

    Description

    Graph and download economic data for Noncyclical Rate of Unemployment from Q1 1949 to Q4 2034 about NAIRU, long-term, projection, unemployment, rate, and USA.

  14. U

    United States Unemployment Rate: Oregon

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). United States Unemployment Rate: Oregon [Dataset]. https://www.ceicdata.com/en/united-states/unemployment-rate-by-state/unemployment-rate-oregon
    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: Oregon data was reported at 4.000 % in Oct 2018. This records an increase from the previous number of 3.700 % for Sep 2018. United States Unemployment Rate: Oregon data is updated monthly, averaging 6.600 % from Jan 1976 (Median) to Oct 2018, with 514 observations. The data reached an all-time high of 13.300 % in Jan 1983 and a record low of 3.500 % in May 2018. United States Unemployment Rate: Oregon 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.

  15. T

    United States - FOMC Summary of Economic Projections for the Civilian...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Sep 15, 2019
    + more versions
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    TRADING ECONOMICS (2019). United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint [Dataset]. https://tradingeconomics.com/united-states/fomc-summary-of-economic-projections-for-the-civilian-unemployment-rate-range-midpoint-fed-data.html
    Explore at:
    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Sep 15, 2019
    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 - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint was 4.15000 Fourth Qtr., % in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint reached a record high of 6.75000 in January of 2020 and a record low of 3.55000 in January of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint - last updated from the United States Federal Reserve on March of 2025.

  16. T

    U6 UNEMPLOYMENT RATE by Country in AMERICA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 23, 2025
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    TRADING ECONOMICS (2025). U6 UNEMPLOYMENT RATE by Country in AMERICA [Dataset]. https://tradingeconomics.com/country-list/u6-unemployment-rate?continent=america
    Explore at:
    xml, json, excel, csvAvailable download formats
    Dataset updated
    Mar 23, 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
    2025
    Area covered
    United States
    Description

    This dataset provides values for U6 UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  17. T

    UNEMPLOYMENT RATE (15 by Country in AMERICA

    • tradingeconomics.com
    Updated Dec 20, 2021
    + more versions
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    TRADING ECONOMICS (2021). UNEMPLOYMENT RATE (15 by Country in AMERICA [Dataset]. https://tradingeconomics.com/country-list/unemployment-rate%20(15?continent=america
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    Dataset updated
    Dec 20, 2021
    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
    2025
    Area covered
    United States
    Description

    This dataset provides values for UNEMPLOYMENT RATE (15 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  18. T

    UNEMPLOYMENT RATE by Country in AMERICA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Apr 27, 2017
    + more versions
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    TRADING ECONOMICS (2017). UNEMPLOYMENT RATE by Country in AMERICA [Dataset]. https://tradingeconomics.com/country-list/unemployment-rate?continent=america
    Explore at:
    xml, json, csv, excelAvailable download formats
    Dataset updated
    Apr 27, 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
    2025
    Area covered
    United States
    Description

    This dataset provides values for UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  19. T

    China Unemployment Rate

    • tradingeconomics.com
    • jp.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 17, 2025
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    TRADING ECONOMICS (2025). China Unemployment Rate [Dataset]. https://tradingeconomics.com/china/unemployment-rate
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Mar 17, 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, 2002 - Feb 28, 2025
    Area covered
    China
    Description

    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.

  20. U

    United States FRBOP Forecast: Ann Natural Rate of Unemployment: Median

    • ceicdata.com
    Updated Mar 3, 2024
    + more versions
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    CEICdata.com (2024). United States FRBOP Forecast: Ann Natural Rate of Unemployment: Median [Dataset]. https://www.ceicdata.com/en/united-states/current-population-survey-unemployment-rate-seasonally-adjusted-forecast-federal-reserve-bank-of-philadelphia/frbop-forecast-ann-natural-rate-of-unemployment-median
    Explore at:
    Dataset updated
    Mar 3, 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
    Dec 1, 2006 - Dec 1, 2017
    Area covered
    United States
    Description

    United States FRBOP Forecast: Ann Natural Rate of Unemployment: Median data was reported at 4.500 % in 2017. This records a decrease from the previous number of 4.800 % for 2016. United States FRBOP Forecast: Ann Natural Rate of Unemployment: Median data is updated yearly, averaging 5.000 % from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 6.000 % in 2013 and a record low of 4.500 % in 2017. United States FRBOP Forecast: Ann Natural Rate of Unemployment: Median data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.G022: Current Population Survey: Unemployment Rate: Seasonally Adjusted: Forecast: Federal Reserve Bank of Philadelphia.

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Statista (2025). U.S. unemployment rate and forecasts FY 2024-2035 [Dataset]. https://www.statista.com/statistics/217029/forecast-to-the-unemployment-rate-in-the-united-states/
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U.S. unemployment rate and forecasts FY 2024-2035

Explore at:
Dataset updated
Mar 11, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

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.

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