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.

From the late 19th century until the 1980s, the United States' unemployment rate was generally somewhere between three and ten percent of the total workforce. The periods when it peaked were in times of recession or depression - the Panic of 1893, which lasted until 1897, saw unemployment peak at over 18 percent, whereas the post-WWI recession saw unemployment spike to almost 12 percent in 1921.

However, the longest and most-severe period of mass unemployment in U.S. history came during the Great Depression - unemployment rose from just 3.2 percent in 1929 to one quarter of the total workforce in 1933, and it was not until the Second World War until it fell below five percent once more. Since this time, unemployment has never exceeded 10 percent, although it did come close during the recessions of the 1970s and 1980s.

More recent unemployment statistics for the U.S. can be found here.

Graph and download economic data for Unemployment Rate - 20 Yrs. & over (LNS14000024) from Jan 1948 to Jun 2025 about 20 years +, household survey, unemployment, rate, and USA.

Graph and download economic data for Unemployment Rate - 16-24 Yrs. (LNS14024887) from Jan 1948 to Jun 2025 about 16 to 24 years, unemployment, rate, and USA.

The USA: Unemployment rate forecast: The latest value from 2030 is 3.76 percent, a decline from 3.8 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for the USA from 1980 to 2030 is 5.82 percent. The minimum value, 3.63 percent, was reached in 2023 while the maximum of 9.71 percent was recorded in 1982.

A series of recessions in the 1970s and 1980s meant that unemployment rates in some Western European countries rose to their highest levels since the Great Depression in the 1930s. While countries such as West Germany closed out the period of prosperity (known as the "Golden Age of Capitalism") with unemployment rates below one percent, figures rose gradually in the 1970s, and then furthermore in the 1980s. Throughout the 1960s and 1970s, the highest levels of unemployment in the listed countries were observed in Ireland and the United States; although the highest levels of unemployment in the 1980s were observed in Spain, during its transition to democracy. Of the major economic powers listed here, Japan saw the least amount of fluctuation, with a high of just 2.5 percent in the given periods; almost half of the U.S.' lowest unemployment figure in these periods.

World unemployment rate for 2024 was 4.89%, a 0.02% decline from 2023.

<ul style='margin-top:20px;'>

<li>World unemployment rate for 2023 was <strong>4.92%</strong>, a <strong>0.34% decline</strong> from 2022.</li>
<li>World unemployment rate for 2022 was <strong>5.26%</strong>, a <strong>0.8% decline</strong> from 2021.</li>
<li>World unemployment rate for 2021 was <strong>6.06%</strong>, a <strong>0.54% decline</strong> from 2020.</li>
</ul>Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

Graph and download economic data for Unemployment Rate in New York (NYUR) from Jan 1976 to May 2025 about NY, unemployment, rate, and USA.

In 2023, the unemployment rate of African Americans in the United States stood at 5.5 percent. This was over the national average of 3.6 percent.

The high rate of unemployment

There are many reasons why the unemployment rate among minorities is different than the national average. When it comes to African Americans, a large part of this is due to historical events, such as slavery and the struggle for civil rights, as well as the number of Black families living below the poverty level. Additionally, in 2019, for every 100,000 of the population, there were 2,203 Black men in prison. This high rate of imprisonment can contribute to the unemployment rate for African Americans, since having been in prison can reduce one’s chances of finding a job once released.

Earning differences

African Americans also make less money than other ethnicities in the United States. In 2020, the median weekly earnings of African Americans were 794 U.S. dollars, compared to Asians, who made 1,310 U.S. dollars per week, and whites, who made 1,003 U.S. dollars per week. While the African American unemployment rate may be low, it is clear that much has to change in order to achieve full equality.

Graph and download economic data for Unemployment Rate in California (CAUR) from Jan 1976 to May 2025 about CA, unemployment, rate, and USA.

Unemployment Rate in Japan remained unchanged at 2.50 percent in May. This dataset provides the latest reported value for - Japan 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 Canada decreased to 6.90 percent in June from 7 percent in May of 2025. This dataset provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average for 2025 based on 15 countries was 5.78 percent. The highest value was in the Bahamas: 9.33 percent and the lowest value was in Belize: 2.6 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

The Volcker Shock was a period of historically high interest rates precipitated by Federal Reserve Chairperson Paul Volcker's decision to raise the central bank's key interest rate, the Fed funds effective rate, during the first three years of his term. Volcker was appointed chairperson of the Fed in August 1979 by President Jimmy Carter, as replacement for William Miller, who Carter had made his treasury secretary. Volcker was one of the most hawkish (supportive of tighter monetary policy to stem inflation) members of the Federal Reserve's committee, and quickly set about changing the course of monetary policy in the U.S. in order to quell inflation. The Volcker Shock is remembered for bringing an end to over a decade of high inflation in the United States, prompting a deep recession and high unemployment, and for spurring on debt defaults among developing countries in Latin America who had borrowed in U.S. dollars.

Monetary tightening and the recessions of the early '80s

Beginning in October 1979, Volcker's Fed tightened monetary policy by raising interest rates. This decision had the effect of depressing demand and slowing down the U.S. economy, as credit became more expensive for households and businesses. The Fed funds rate, the key overnight rate at which banks lend their excess reserves to each other, rose as high as 17.6 percent in early 1980. The rate was allowed to fall back below 10 percent following this first peak, however, due to worries that inflation was not falling fast enough, a second cycle of monetary tightening was embarked upon starting in August of 1980. The rate would reach its all-time peak in June of 1981, at 19.1 percent. The second recession sparked by these hikes was far deeper than the 1980 recession, with unemployment peaking at 10.8 percent in December 1980, the highest level since The Great Depression. This recession would drive inflation to a low point during Volcker's terms of 2.5 percent in August 1983.

The legacy of the Volcker Shock

By the end of Volcker's terms as Fed Chair, inflation was at a manageable rate of around four percent, while unemployment had fallen under six percent, as the economy grew and business confidence returned. While supporters of Volcker's actions point to these numbers as proof of the efficacy of his actions, critics have claimed that there were less harmful ways that inflation could have been brought under control. The recessions of the early 1980s are cited as accelerating deindustrialization in the U.S., as manufacturing jobs lost in 'rust belt' states such as Michigan, Ohio, and Pennsylvania never returned during the years of recovery. The Volcker Shock was also a driving factor behind the Latin American debt crises of the 1980s, as governments in the region defaulted on debts which they had incurred in U.S. dollars. Debates about the validity of using interest rate hikes to get inflation under control have recently re-emerged due to the inflationary pressures facing the U.S. following the Coronavirus pandemic and the Federal Reserve's subsequent decision to embark on a course of monetary tightening.

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

The average for 2025 based on 101 countries was 6.64 percent. The highest value was in Sudan: 61.99 percent and the lowest value was in Thailand: 1 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

Context & Content

This dataset consists of the unemployment rate and education level of adults in the USA by county. That is, for each county in the USA, this dataset provides the count and percentage of unemployed adults as well as the count and percentage of adults of various educational backgrounds. Each county was been assigned one of four locale categories (City, Suburb, Town, Rural) according to its 2013 Urban Influence Code and their descriptions provided in UIC_codes.csv. From the descriptions of each of the codes and the descriptions of the locales "City", "Suburb", "Town", and "Rural" provided on page 2 of the locale user manual (locale_user_manual.pdf), each county was assigned one of four locales.

The unemployment rate data includes the count and percentage of unemployed adults for each county in the USA for each year from 2000-2020. The median household income for 2019 is also included. The education level data includes the count and percentage of adults with less than a high school diploma, a high school diploma only, some college, and a bachelor's degree/four years of college or more for the years 1970, 1980, 1990, 2000, and 2019. The Urban Influence Code data includes the UIC and locale description of each county in the USA and the locale user manual has been included as a PDF as strictly a reference file, to understand how each county was assigned a locale within the unemployment.csv and education.csv files.

Data Sources

Source for the unemployment rate and education level data by county: "County-level Data Sets." USDA Economic Research Service, US Department of Agriculture. Access date: Sept 8, 2021. URL: https://www.ers.usda.gov/data-products/county-level-data-sets/

Source for Urban Influence Codes by county: "Urban Influence Codes." USDA Economic Research Service, US Department of Agriculture. Access date: Sept 8, 2021. URL: https://www.ers.usda.gov/data-products/urban-influence-codes/#:~:text=The%202013%20Urban%20Influence%20Codes,to%20metro%20and%20micropolitan%20areas.&text=An%20update%20of%20the%20Urban,is%20planned%20for%20mid%2D2023.

Inspiration

This dataset was created to be used as an additional data source for the LearnPlatform COVID-19 Impact on Digital Learning Kaggle competition, but is suitable for other analyses related to unemployment rate and education level in the USA.

Although the average rate of unemployment across U.S. metropolitan areas declined between 1980 and 2000, the geographic concentration of the unemployed rose sharply over this period. That is, residential neighborhoods throughout the nation's metropolitan areas became increasingly divided into high- and low-unemployment areas. This paper documents this trend using data on more than 165,000 U.S. Census block groups (neighborhoods) in 361 metropolitan areas over the years 1980, 1990, and 2000. It also examines three potential explanations: (i) urban decentralization, (ii) industrial shifts and declining unionization, and (iii) increasing segregation by income and education. The results offer little support for either of the first two explanations. Rising residential concentration of the unemployed shows little association with changes in population density, industrial composition, or union activity. It does, however, show a significant association with both the degree of segregation according to income as well as education, suggesting that decreases in the extent to which individuals with different levels of income and education live in the same neighborhood may help account for this trend.

Unemployment Rate in the United Kingdom increased to 4.60 percent in April from 4.50 percent in March of 2025. 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.

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.