Unemployment Rate 1991-2025

unemployment rate for 2023 was 5.60%, a 0.22% decline from 2022.
  • unemployment rate for 2022 was 5.82%, a 1.05% decline from 2021.
  • unemployment rate for 2021 was 6.86%, a 0.19% decline from 2020.
  • unemployment rate for 2020 was 7.05%, a 0.46% increase from 2019.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.