What is the current unemployment rate 2020
6.9 percentBureau of Labor Statistics The unemployment rate decreased by 1.0 percentage point to 6.9 percent in October 2020.
That was the sixth consecutive month the rate has declined, but it was still nearly twice the February rate of 3.5 percent..
What is the real unemployment rate today
The real unemployment rate in the U.S. is closer to 10 percent, Federal Reserve Chairman Jerome Powell said Wednesday, after misclassification errors are factored in to the official government figure. The current unemployment rate, as reported by the Bureau of Labor Statistics last week, is 6.3 percent.
What is the highest unemployment rate in US history
The highest rate of U.S. unemployment was 24.9% in 1933, during the Great Depression. 1 Unemployment remained above 14% from 1931 to 1940. It remained in the single digits until September 1982 when it reached 10.1%. 2 During the Great Recession, unemployment reached 10% in October 2009.
What was the lowest unemployment rate in 2020
Unemployment Rate in the United States averaged 5.77 percent from 1948 until 2021, reaching an all time high of 14.80 percent in April of 2020 and a record low of 2.50 percent in May of 1953.
What state has the highest weekly unemployment benefit
MassachusettsThe state with the highest maximum payout for unemployment insurance is Massachusetts. The maximum weekly payout is $823. This is 88% higher than the national average in benefit payouts.
What is the unemployment rate in 2021
8.3%California unemployment rate holds steady at 8.3% in April 2021.
What states are booming with jobs
These are the top 10 states for future job growth.Florida.New York. … Nebraska. Unemployment rate: 3.8 percent. … Arizona. Unemployment rate: 8.1 percent. … South Dakota. Unemployment rate: 4.5 percent. … Utah. Unemployment rate: 5.2 percent. … Washington. Unemployment rate: 8.2 percent. … Pennsylvania. Unemployment rate: 8.1 percent. … More items…•Apr 27, 2021
Where is unemployment the worst
Hawaii and California had the highest unemployment rates in April at 8.5% and 8.3%, respectively. Nebraska, New Hampshire, South Dakota and Utah had the lowest rates at 2.8% each. The map below shows the most recent unemployment rate per state, according to BLS data.
What state has the most job opportunities 2020
The best states for job hunting in 2020Colorado. One of the best places to get a fresh start as an employee is Colorado, as it has suffered labor shortages due to the constant adding of new jobs. … Washington. … Texas. … Nevada. … Utah. … Idaho.Oct 30, 2019
What is the lowest unemployment rate in US history
Although the decrease in the number of unemployed people was relatively small by historical standards, the jobless rate fell to its lowest level since 1969, when it was 3.4 percent.
What state is the easiest to get a job
These are the 10 best states for finding a job:Nevada. Unemployment rate: 3.9% … Minnesota. Unemployment rate: 3.2% … Nebraska. Unemployment rate: 3.0% … Iowa. Unemployment rate: 2.7% … New Hampshire. Unemployment rate: 2.5% … Virginia. Unemployment rate: 2.8% … Idaho. Unemployment rate: 2.9% … Massachusetts. Unemployment rate: 2.9%More items…•Mar 10, 2021
What is the best state to live in
New JerseyNew Jersey now officially ranks as the best state in America to live in, according to WalletHub’s annual list released Tuesday. Download our mobile app for iOS or Android to get alerts for local breaking news and weather. The Garden State just edged out Massachusetts for top honors, with New York coming in third.
Which state has the worst unemployment rate
Unemployment Hawaii had the highest unemployment rate in April, 8.5 percent, followed by California, 8.3 percent, and New Mexico and New York, 8.2 percent each. Nebraska, New Hampshire, South Dakota, and Utah had the lowest rates, 2.8 percent each.