Unemployment Rate 1991-2025

unemployment rate for 2023 was 4.46%, a 0.05% decline from 2022.
  • unemployment rate for 2022 was 4.51%, a 1.29% decline from 2021.
  • unemployment rate for 2021 was 5.80%, a 0.91% decline from 2020.
  • unemployment rate for 2020 was 6.71%, a 1.77% increase from 2019.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.