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THE EMPLOYMENT SITUATION — DECEMBER 2020 . Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. The decline in payroll employment reflects the recent increase in coronavirus (COVID-19) cases and efforts to contain the pandemic.
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the employment situation — november 2020 Total nonfarm payroll employment rose by 245,000 in November, and the unemployment rate edged down to 6.7 percent, the U.S. Bureau of Labor Statistics reported today.
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The unemployment rate skyrocketed by more than 10 percentage points in April, from 4.4% in March to 14.7% before steadily declining to 6.7% in November, still about double the 3.5% rate in...
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February 2020. The long-term unemployed accounted for 31.7 percent of the total unemployed in December. (See table A-12.) The labor force participation rate was unchanged at 61.9 percent in December but remains 1.5 percentage points lower than in February 2020. The employment-population ratio increased by 0.2
Jan 12, 2021 · The average yearly unemployment rate for 2020 was 8.1%. This is the highest average yearly rate since 2012 when it also equaled 8.1%. The highest average yearly rate over the past decade (2010-2020) was 9.6% in 2010. The lowest average rate over the past decade was 3.7% in 2019.
Aug 20, 2021 · In April 2020, the unemployment rate reached 14.8%—the highest rate observed since data collection began in 1948. In July 2021, unemployment remained higher (5.4%) than it had been in February 2020 (3.5%). The labor force participation rate declined to 60.2% in April 2020—a level not seen since the
Jan 12, 2021 · The unemployment rate peaked at 10% in October 2009, four months after the recession officially concluded. In the current recession, the unemployment rate increased from 3.5% in February 2020 to 4.4% in March 2020, peaked8 at 14.8% in April, and then fell to 6.7% in December.
