US Unemployment Rate is at 4.20%, compared to 4.10% last month and 3.70% last year. This is lower than the long term average of 5.68%. The US Unemployment Rate measures the percentage of total employees in the United States that are a part of the labor force, but are without a job....
WASHINGTON (AP) — The U.S. unemployment rate fell to 3.5% in September, the lowest level in nearly five decades, even though employers appeared to turn more cautious and slowed their hiring.
not bad but down from 3 million in 2023, 4.5 million in 2022 and a record 7.2 million in 2021 as the economy roared back from covid-19 lockdowns and massive layoffs in 2020. the unemployment rate is forecast to have remained at a low 4.2% ...
Consider what happened in January: The government said Friday that employers added a sizzling 517,000 jobs last month and that the unemployment rate dipped to 3.4%, the lowest level since 1969. The job gain was so large it left economists scratching their heads and wondering why the Fed’s ...
The US Bureau of Labor Statistics announced Friday that the US unemployment rate dropped to 10.2% for July. Last month's rate was an improvement over the 11.1% unemployment in June and 14.7% in April. Before the coronavirus pandemic, unemployment was hovering at 3.5%. The BLS also reported ...
The unemployment rate fell last month to 10.2%, still higher than any point during the financial crisis of 2008-2009. That was also when the federal government set the record for an annual deficit, hitting $1.4 trillion in 2009 as it tried to dig the country out of recession. The U.S....
unemployment rate fell to 3.7 percent in September, the lowest level since December 1969, as the longest streak of hiring on record has put millions of Americans back to work since the Great Recession. The Labor Department says employers added just 134,000 jobs, the fewest in a year, though...
surprised many analysts who had expected the number to drop along with unemployment.Political pundits on both sides of the aisle rushed to put their stamp on the news, with Democrats blaming the trend on failed economic policies and Republicans pointing out that some regions and groups improved.Wh...
The United States added 96,000 jobs last month, less than what many analysts expected, but the unemployment rate ticked down to 8.1%, according to a Labor DeparThe United States added 96,000 jobs last month, less than what many analysts expected, but the unemployment rate ticked down to 8....
December’s report also reflects a divergence in two surveys that the government conducts each month. The unemployment rate is calculated from a survey of households. For last month, this survey found that 651,000 more people reported that they were employed. A separate survey of employers, call...