For more charts and tables at finer levels of detail, please visit our Unemployment Dataset Page.
Click to enlarge
Click to enlarge
UR = (LR – ER) / LR
Where LR is the Labor Force Participation Rate, and ER is the Employment Ratio. Note how a decrease in the participation rate on its own, reduces the unemployment rate: The number of available workers drops, and thus there are relatively fewer unemployed – even in the absence of job growth. This is what has happened in the recovery since the “Great Recession”.
Click to enlarge
Click to enlarge
| U.S. Unemployment Rate. Seasonally Adjusted. | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Labor Force Mlns | Rate (%) | Monthly Change (%pts) | Year/Year Change (%pts) | ||||||||
| July 2017 | July 2018 | July 2017 | May 2018 | June 2018 | July 2018 | May 2018 | June 2018 | July 2018 | May 2018 | June 2018 | July 2018 | |
| All Ages (16+) | 160.5 | 162.2 | 4.3 | 3.8 | 4.0 | 3.9 | -0.1 | 0.2 | -0.1 | -0.5 | -0.3 | -0.4 |
| 16 to 19 years | 5.8 | 5.9 | 13.3 | 12.8 | 12.6 | 13.1 | -0.1 | -0.2 | 0.5 | -1.3 | -0.7 | -0.2 |
| 20 to 24 years | 15.3 | 15.2 | 7.4 | 7.1 | 7.4 | 6.9 | 0.4 | 0.3 | -0.5 | 0.4 | -0.1 | -0.5 |
| 25 years and over | 139.3 | 141.2 | 3.6 | 3.0 | 3.3 | 3.2 | -0.3 | 0.3 | -0.1 | -0.6 | -0.3 | -0.4 |
| 25 to 34 years | 36.1 | 36.7 | 4.5 | 3.8 | 3.9 | 3.5 | -0.6 | 0.1 | -0.4 | -1.1 | -0.4 | -1.0 |
| 35 to 44 years | 33.1 | 33.7 | 3.6 | 2.8 | 3.1 | 3.1 | -0.2 | 0.3 | 0.0 | -0.5 | -0.3 | -0.5 |
| 45 to 54 years | 33.6 | 33.2 | 3.2 | 2.7 | 3.0 | 2.9 | -0.1 | 0.3 | -0.1 | -0.5 | -0.5 | -0.3 |
| 55 years and over | 36.6 | 37.5 | 3.2 | 2.8 | 3.1 | 3.1 | -0.2 | 0.3 | 0.0 | -0.3 | -0.1 | -0.1 |
This article was generated automatically from our database. We can automate custom reports, spreadsheets and data feeds for our clients. Please contact us with your requirements.