What is the current US unemployment rate 2020?
U.S. monthly unemployment rate A trend of decreasing unemployment followed after a high in 2010 resulting from the 2008 financial crisis. However, it rose again to 8.1 percent in 2020. Additional statistics from the BLS paint an interesting picture of unemployment in the United States..
What was the US unemployment rate in 2011?
The U.S. jobless rate in 2011 was 8.9 percent, down 0.7 percentage point from the prior year. The national employment-population ratio continued to trend down to 58.4 percent in 2011. All four regions posted statistically significant unemployment rate decreases in 2011.
What was US unemployment rate in 2008?
This statistic displays the unemployment rate in the U.S. from 1990 to 2020. In 1990, this rate stood at 5.6 percent. Unemployment rate stood at 8.1 percent in 2020….Unemployment rate in the United States from 1990 to 2020.
When did the 2008 recession start?
December 2007 – June 2009
Great Recession/Time period
What caused the 2008 recession?
The Great Recession, one of the worst economic declines in US history, officially lasted from December 2007 to June 2009. The collapse of the housing market — fueled by low interest rates, easy credit, insufficient regulation, and toxic subprime mortgages — led to the economic crisis.
What was the unemployment rate in January 2021?
The national unemployment rate, 6.3 percent in January 2021, fell by 0.4 percentage point over the month, but was 2.8 points higher than in January 2020.
What was the unemployment rate in 2014?
What was the US unemployment rate in 2013?
REGIONAL AND STATE UNEMPLOYMENT — 2013 ANNUAL AVERAGES The U.S. jobless rate declined by 0.7 percentage point from the prior year to 7.4 percent, and the national employment-population ratio was unchanged at 58.6 percent.
What state has the highest unemployment?
10 American States With The Highest Unemployment Rates Alaska . Other than being the largest state by area and the least populous in the U.S., Alaska has the highest… Mississippi. Mississippi’s unemployment rate grew by 0.1 percentage points from September 2019 (5.4%) to October 2019 (5. District
What is the highest unemployment rate in the US?
As of December 2020, the leisure ad hospitality industry had the highest unemployment rate in the United States, at 16.7 percent . In comparison, workers in the financial activities industry experienced the lowest unemployment rate, at 3.1 percent.
What is the current unemployment rate for US?
US Jobless Rate Holds Steady at 3.7%. The US unemployment rate stood at 3.7 percent in July 2019, unchanged from the previous month’s figure and in line with market expectations. Sep 6 2019
What is national unemployment rate?
As of December 2019, the national unemployment rate is 3.6% . The unemployment rate varies between states, ranging from 2.30% to 6.10%. In general, the current unemployment rates in the states are lower than they were in 2018, with only a few exceptions. Alaska has the highest unemployment rate of 6.10%.