For more charts and tables at finer levels of detail, please visit our Unemployment Dataset Page.
![U3 unemployment rate](http://explistats.com/wp-content/uploads/2018/11/u3_unemployment_rate.gif)
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![U3 Contributions](http://explistats.com/wp-content/uploads/2018/11/unemployment_attribution.gif)
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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”.![Labor Force Participation Rate](http://explistats.com/wp-content/uploads/2018/11/labor_force_participation_rate.gif)
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![Employment Population Ratio](http://explistats.com/wp-content/uploads/2018/11/employment_ratio.gif)
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U.S. Unemployment Rate. Seasonally Adjusted. | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Total | Labor Force Mlns | Rate (%) | Monthly Change (%pts) | Year/Year Change (%pts) | ||||||||
Oct. 2017 | Oct. 2018 | Oct. 2017 | Aug. 2018 | Sep. 2018 | Oct. 2018 | Aug. 2018 | Sep. 2018 | Oct. 2018 | Aug. 2018 | Sep. 2018 | Oct. 2018 | |
All Ages (16+) | 160.4 | 162.6 | 4.1 | 3.9 | 3.7 | 3.7 | 0.0 | -0.2 | 0.0 | -0.5 | -0.5 | -0.4 |
16 to 19 years | 5.8 | 6.0 | 13.7 | 12.8 | 12.8 | 11.9 | -0.3 | 0.0 | -0.9 | -1.0 | -0.2 | -1.8 |
20 to 24 years | 15.3 | 14.9 | 7.2 | 6.8 | 6.9 | 6.8 | -0.1 | 0.1 | -0.1 | -0.4 | -0.7 | -0.4 |
25 years and over | 139.3 | 141.8 | 3.3 | 3.2 | 3.0 | 3.1 | 0.0 | -0.2 | 0.1 | -0.5 | -0.5 | -0.2 |
25 to 34 years | 36.3 | 37.0 | 4.4 | 4.1 | 3.5 | 3.6 | 0.6 | -0.6 | 0.1 | -0.8 | -0.9 | -0.8 |
35 to 44 years | 33.1 | 33.9 | 3.0 | 2.9 | 2.9 | 3.0 | -0.2 | 0.0 | 0.1 | -0.5 | -0.3 | 0.0 |
45 to 54 years | 33.4 | 33.3 | 2.7 | 2.6 | 2.7 | 2.7 | -0.3 | 0.1 | 0.0 | -0.8 | -0.4 | 0.0 |
55 years and over | 36.6 | 37.7 | 3.1 | 3.1 | 2.8 | 2.8 | 0.0 | -0.3 | 0.0 | -0.1 | -0.4 | -0.3 |
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