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Bookmark or Share- Unemployment Rate: Definition, Effect, Trends - The BalanceThe unemployment rate is the number in the civilian labor force divided by the number of unemployed.Everyone without a job isn't necessarily unemployed, at least according to the Bureau of Labor Statistics.To be counted in the unemployment rate, you not only have to be without a job, you have to have actively looked for work in the past four weeks.
- United States Unemployment Rate | 2019 | Data | Chart ...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. The number of unemployed increased by 88 thousand to 6.1 million while employment went up by 283 thousand to 157.3 million.
- The Employment Situation - July 2019The unemployment rate held at 3.7 percent in July, and the number of unemployed persons was little changed at 6.1 million. (See table A-1.) Among the major worker groups, the unemployment rate for Asians increased to 2.8 percent in July. The jobless rates for adult men (3.4 percent), adult women (3.4 percent), teenagers (12.8 percent), Chart 2.
- Unemployment Rates for StatesNote: Rates shown are a percentage of the labor force. Data refer to place of residence. Estimates for the current month are subject to revision the following month.
- Unemployment Rate by Year Since 1929, Inflation, GDPUnemployment was more than 14% from 1931 to 1940. Unemployment remained in the single digits until 1982 when it reached 10.8%. The annual unemployment rate reached 9.9% in 2009, during the Great Recession. The lowest unemployment rate was 1.2% in 1944. It may seem counterintuitive to think unemployment can't get too low, but it can.
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