Unemployment Rate 1991-2025

unemployment rate for 2023 was 5.20%, a 0.4% decline from 2022.
  • unemployment rate for 2022 was 5.59%, a 1.13% decline from 2021.
  • unemployment rate for 2021 was 6.73%, a 0.39% decline from 2020.
  • unemployment rate for 2020 was 7.12%, a 0.5% increase from 2019.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.