Usa Unemployment Rate 2020

Usa Unemployment Rate 2020. Unemployment rate in the united states averaged 5.69 percent from 1948 until 2024, reaching an all time high of 14.90 percent in april of 2020 and a record low of 2.50 percent in may of 1953. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

Unemployment rates were lower in august 2020 in 41 states, higher in 2 states, and stable in 7 states and the district of columbia. 242 rows civilian unemployment rate.