Unemployment Rate fell in June to 11.1%.

Posted - Filed under Data News, Household Survey.

For more charts and tables at finer levels of detail, please visit our Unemployment Dataset Page.

U3 unemployment rate

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The BLS U.3 unemployment rate fell in June to 11.1% from 13.3% in May. The Labor Force Participation rate rose to 61.5% from 60.8%. The Employment/Population Ratio rose to 54.6% from 52.8%. The contribution of these two factors to the Unemployment Rate is shown in the chart below.

U3 Contributions

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The relationship between the three measures is as follows:

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”.

Labor Force Participation Rate

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Employment Population Ratio

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More detailed Labor Force Participation Charts and Employment Ratio Charts  
U.S. Unemployment Rate. Seasonally Adjusted.
Total Labor Force Mlns Rate (%) Monthly Change (%pts) Year/Year Change (%pts)
June 2019 June 2020 June 2019 Apr. 2020 May 2020 June 2020 Apr. 2020 May 2020 June 2020 Apr. 2020 May 2020 June 2020
All Ages (16+) 163.1 159.9 3.7 14.7 13.3 11.1 10.3 -1.4 -2.2 11.1 9.7 7.4
16 to 19 years 5.9 5.4 12.7 31.9 29.9 23.2 17.6 -2.0 -6.7 19.0 17.3 10.5
20 to 24 years 15.2 14.0 6.3 25.7 23.2 19.8 17.0 -2.5 -3.4 19.2 16.2 13.5
25 years and over 141.9 140.5 3.0 13.1 11.6 9.7 9.6 -1.5 -1.9 10.2 8.7 6.7
25 to 34 years 37.1 36.3 3.6 14.5 13.4 11.7 10.4 -1.1 -1.7 10.7 9.9 8.1
35 to 44 years 34.0 34.1 2.8 11.5 10.2 9.1 8.1 -1.3 -1.1 8.8 7.5 6.3
45 to 54 years 32.9 32.4 2.7 12.3 10.7 8.3 9.1 -1.6 -2.4 9.8 8.1 5.6
55 years and over 38.1 37.7 3.0 13.6 11.8 9.7 10.3 -1.8 -2.1 11.0 9.1 6.7
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