Which state has the worst unemployment
Unemployment rate by jurisdictionRankRank (50 states)State federal district or territory11Nevada22Michigan33Hawaii44Rhode Island52 more rows.
How bad is unemployment in America
The official number of unemployed Americans is 10.1 million, according to the Labor Department. That statistic comes from the monthly jobs report that the Labor Department puts out the first Friday of each month, which shows the official unemployment rate at the moment is 6.3 percent.
What is the unemployment rate in the US 2021
In May 2021, the national unemployment rate was at 5.5 percent….Monthly unemployment rate in the United States from May 2020 to May 2021 (seasonally-adjusted)CharacteristicUnemployment rateApr ‘216.1%Mar ‘216%Feb ‘216.2%Jan ‘216.3%9 more rows•Jun 9, 2021
What is the unemployment rate for the year 2020
The annual unemployment rate in 2020 reached a record-high 10.3% versus the 5.1% in 2019.
What state has the highest unemployment pay
MassachusettsWhat state has the highest unemployment benefits? The 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 state has the worst unemployment benefits
Bottom line: Florida offers the worst unemployment insurance out of every state, with a maximum of $275 per week for only 12 weeks — less than half the amount of time most other states allow.
Is the unemployment rate higher than the Great Depression
The official unemployment rate hit 14.7% in April, its highest since the Great Depression, when it exceeded 25%. The actual figure today may be closer to, or even above, 20%. A “depression” label could be appropriate if the unemployment rate exceeds 20% for a long period of time.
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 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 is the real unemployment rate right now
Compare the Real Unemployment RateYear (as of January)U-3 (Official)U-3/U-620174.8%51%20184.4%50%20194.0%50%20203.5%51%24 more rows
What was the highest unemployment rate in 2020
14.7 percentThe unemployment rate in April 2020 increased by 10.3 percentage points to 14.7 percent. This is the highest rate and the largest over-the-month increase in the history of the data (available back to January 1948).
What state has the lowest unemployment benefit
Policies and benefits vary by state. Mississippi has the lowest maximum unemployment benefits in the U.S. of $235 per week, while Massachusetts has the highest at $823. North Carolina and Florida offer unemployment benefits for the shortest length of time with a maximum of 12 weeks.
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 is the black unemployment rate 2020
11.4 percentIn 2020, the unemployment rate of African Americans in the United States stood at 11.4 percent. This was over 1.4 times the national average of 8.1 percent.