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..
Why is unemployment not accurate
The true percentage of people who don’t have jobs or aren’t making enough money is often worse than the official unemployment rate suggests because the Current Population Survey (CPS) doesn’t collect certain information from those surveyed.
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 is Unemployment Rate March 2020
The national unemployment rate of 6.0 percent was 1.6 percentage points higher than in March 2020.
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 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.
What is the current u6 unemployment rate
U-6 Unemployment is all unemployed, marginally attached and part-time for economic reasons individuals as a percent of the civillian labor force plus all marginally attached workers….Stats.Last Value9.70%Long Term Average10.45%Average Growth Rate3.20%3 more rows
What is the current US 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 lowest unemployment rate in the 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.
How many jobs are unfilled in the US
Total Unfilled Job Vacancies for the United States (LMJVTTUVUSQ647S) DownloadQ1 2021:7,582,666.66667Q3 2020:6,593,000.00000Q2 2020:5,396,333.33333Q1 2020:6,645,000.00000View All1 more row
Which state has the highest unemployment rate
NevadaUnemployment rate by jurisdictionRankRank (50 states)State federal district or territory11Nevada22Michigan33Hawaii44Rhode Island52 more rows
What was unemployment rate in 2021
8.3%California unemployment rate holds steady at 8.3% in April 2021.