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

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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”.
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U.S. Unemployment Rate. Seasonally Adjusted. | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Total | Labor Force Mlns | Rate (%) | Monthly Change (%pts) | Year/Year Change (%pts) | ||||||||
May 2017 | May 2018 | May 2017 | Mar. 2018 | Apr. 2018 | May 2018 | Mar. 2018 | Apr. 2018 | May 2018 | Mar. 2018 | Apr. 2018 | May 2018 | |
All Ages (16+) | 159.7 | 161.5 | 4.3 | 4.1 | 3.9 | 3.8 | 0.0 | -0.2 | -0.1 | -0.4 | -0.5 | -0.5 |
16 to 19 years | 5.8 | 5.8 | 14.1 | 13.5 | 12.9 | 12.8 | -0.9 | -0.6 | -0.1 | -0.1 | -1.8 | -1.3 |
20 to 24 years | 15.2 | 15.1 | 6.7 | 6.6 | 6.7 | 7.1 | -0.2 | 0.1 | 0.4 | -0.7 | -0.6 | 0.4 |
25 years and over | 138.7 | 140.6 | 3.6 | 3.4 | 3.3 | 3.0 | 0.0 | -0.1 | -0.3 | -0.4 | -0.3 | -0.6 |
25 to 34 years | 35.9 | 36.6 | 4.9 | 4.2 | 4.4 | 3.8 | -0.2 | 0.2 | -0.6 | -0.3 | 0.0 | -1.1 |
35 to 44 years | 32.9 | 33.4 | 3.3 | 3.2 | 3.0 | 2.8 | 0.1 | -0.2 | -0.2 | -0.7 | -0.6 | -0.5 |
45 to 54 years | 33.6 | 33.3 | 3.2 | 2.9 | 2.8 | 2.7 | 0.0 | -0.1 | -0.1 | -0.4 | -0.6 | -0.5 |
55 years and over | 36.3 | 37.3 | 3.1 | 3.2 | 3.0 | 2.8 | 0.0 | -0.2 | -0.2 | -0.1 | -0.2 | -0.3 |
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