Unemployment levels were down considerably from their recent highs in April 2020 but remained well above their levels prior to the coronavirus pandemic. Unemployment Rate in the United States averaged 5.77 percent from 1948 until 2021, reaching an all time high of 14.80 percent in April of 2020 and a record low of 2.50 percent in May of 1953.
What was the unemployment rate in November 2019?
Over the month, the number of unemployed persons decreased by 275,000 to 5.8 million. The labor force participation rate came in at 63.2 percent, unchanged from the previous month. Unemployment Rate in the United States averaged 5.74 percent from 1948 until 2019, reaching an all time high of 10.80 percent in November…
