- United States Unemployment Rate
- US Unemployment Rise
- US Employment
- US Employment Rate
- Unemployement in US
- Employment and Unemployment in US
US Employment and Unemployment Rates
This dataset contains US Employment and Unemployment rates since 1940. US unemployment rate fell one-tenth of a percentage point to 4.3 percent in July 2017, matching a 16-year low touched in May. The number of unemployed persons was little changed at 7.0 million while the labor force participation rate edged up to 62.9 percent.
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Unemployment Rate in the United States averaged 5.80 percent from 1948 until 2017, reaching an all time high of 10.80 percent in November of 1982 and a record low of 2.50 percent in May of 1953. The unemployment rate is the share of the labor force that is jobless, expressed as a percentage. It is a lagging indicator, meaning that it generally rises or falls in the wake of changing economic conditions, rather than anticipating them. When the economy is in poor shape and jobs are scarce, the unemployment rate can be expected to rise. When the economy is growing at a healthy rate and jobs are relatively plentiful, it can be expected to fall.
In the U.S., the U3 or U-3 rate, which the Bureau of Labor Statistics (BLS) releases as part of its monthly employment situation report, is the most commonly cited national rate. It is not the only metric available, however, and it receives criticism for giving the impression that the labor market is healthier than alternative measures would indicate.
The official unemployment rate is known as U3.
About this Dataset
John Snow Labs; USA Bureau of Labor Statistics;
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US Employment, US Employment Rate, Unemployement in US, Employment and Unemployment in US
United States Unemployment Rate, US Unemployment Rise
|Year||Employment and Unemployment year||date||-|
|Civilian_Noninstitutional_Population||Civilian Noninstitutional Population||integer||level : Ratio|
|Total_Civilian_Labor_Force||Total Civilian Labor Force||integer||level : Ratio|
|Percentage_Of_Population||Population Percentage calculating employment and unemployment rate||number||level : Ratio|
|Total_Employed||Total Employed People||integer||level : Ratio|
|Employed_Percentage_Of_Population||Employed Percentage Of Population||number||level : Ratio|
|Agriculture||Agriculture Employment||integer||level : Ratio|
|Non_Agriculture||Non Agriculture Employment||integer||level : Ratio|
|Unemployed_Number||Unemployed Number in United States||integer||level : Ratio|
|Unemployed_Percentage_Of_Labor_Force||Unemployed Percentage Of Labor Force||number||level : Ratio|
|Not_In_Labor_Force||Not In Labor Force||integer||level : Ratio|