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.
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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.
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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 2021, the unemployment rate among the United States workforce was approximately 5.35 percent - this was roughly 3.8 percent lower than the unemployment rate in 2020, during the first year of the Covid-19 pandemic, but was still around one percent higher than pre-pandemic levels.
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.
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Graph and download economic data for Unemployment Rate - 30-34 Yrs. (LNU04024933) from Jan 1981 to Feb 2025 about 30 to 34 years, unemployment, rate, and USA.
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.
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United States - Unemployment Rate was 4.10% in February of 2025, according to the United States Federal Reserve. Historically, United States - Unemployment Rate reached a record high of 14.80 in April of 2020 and a record low of 2.50 in May of 1953. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Unemployment Rate - last updated from the United States Federal Reserve on March of 2025.
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United States - Unemployment Rate - 20 Yrs. & over was 3.80% in February of 2025, according to the United States Federal Reserve. Historically, United States - Unemployment Rate - 20 Yrs. & over reached a record high of 14.20 in April of 2020 and a record low of 2.20 in June of 1953. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Unemployment Rate - 20 Yrs. & over - last updated from the United States Federal Reserve on March of 2025.
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Graph and download economic data for Unemployment Rate - Black or African American (LNS14000006) from Jan 1972 to Feb 2025 about African-American, 16 years +, household survey, unemployment, rate, and USA.
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.
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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Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
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.
This layer contains the latest 14 months of unemployment statistics from the U.S. Bureau of Labor Statistics (BLS). The data is offered at the nationwide, state, and county geography levels. Puerto Rico is included. These are not seasonally adjusted values.The layer is updated monthly with the newest unemployment statistics available from BLS. There are attributes in the layer that specify which month is associated to each statistic. Most current month: December 2024 (preliminary values at the county level)The attributes included for each month are:Unemployment rate (%)Count of unemployed populationCount of employed population in the labor forceCount of people in the labor forceData obtained from the U.S. Bureau of Labor Statistics. Data downloaded: March 17th, 2025Local Area Unemployment Statistics table download: https://www.bls.gov/lau/#tablesLocal Area Unemployment FTP downloads:State and CountyNationData Notes:This layer is updated automatically when the BLS releases their most current monthly statistics. The layer always contains the most recent estimates. It is updated within days of the BLS's county release schedule. BLS releases their county statistics roughly 2 months after-the-fact. The data is joined to 2023 TIGER boundaries from the U.S. Census Bureau.Monthly values are subject to revision over time.For national values, employed plus unemployed may not sum to total labor force due to rounding.As of the January 2022 estimates released on March 18th, 2022, BLS is reporting new data for the two new census areas in Alaska - Copper River and Chugach - and historical data for the previous census area - Valdez Cordova.As of the March 17th, 2025 release, BLS now reports data for 9 planning regions in Connecticut rather than the 8 previous counties.To better understand the different labor force statistics included in this map, see the diagram below from BLS:
In 2024, the national unemployment level in the United States increased from the previous year to 6.76 million people. The number of unemployed persons in the U.S. reached a decades long high in 2020 due to the COVID-19 pandemic. See the United States unemployment rate and the monthly unemployment rate for further information.
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United States - Unemployment Rate - Less than 1 year of High School, 45 to 54 years, Women was 6.00% in January of 2025, according to the United States Federal Reserve. Historically, United States - Unemployment Rate - Less than 1 year of High School, 45 to 54 years, Women reached a record high of 27.30 in June of 2020 and a record low of 0.70 in September of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Unemployment Rate - Less than 1 year of High School, 45 to 54 years, Women - last updated from the United States Federal Reserve on March of 2025.
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Key information about US Unemployment Rate
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United States - Unemployment Rate - College Graduates - Doctoral Degree, 25 years and over was 1.20% in February of 2025, according to the United States Federal Reserve. Historically, United States - Unemployment Rate - College Graduates - Doctoral Degree, 25 years and over reached a record high of 4.50 in June of 2020 and a record low of 0.30 in February of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Unemployment Rate - College Graduates - Doctoral Degree, 25 years and over - last updated from the United States Federal Reserve on March of 2025.
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.