Unemployment Rate 1991-2025

unemployment rate for 2023 was 6.30%, a 0.7% decline from 2022.
  • unemployment rate for 2022 was 7.00%, a 2.3% decline from 2021.
  • unemployment rate for 2021 was 9.30%, a 1.07% decline from 2020.
  • unemployment rate for 2020 was 10.37%, a 2.24% increase from 2019.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.