U.S. monthly unemployment rateAccording to the Bureau of Labor Statistics - the principle fact-finding agency for the U.S. Federal Government in labor economics and statistics - unemployment declined from 2010 to 2020. A trend of decreasing unemployment followed after a high in 2010 resulting from the 2008 financial crisis. However, after a smaller financial crisis, it fell to 5.3 in 2021.
Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In November 2022, the states with the highest (seasonally adjusted) unemployment rate were the Nevada and Illinois. Unemployment was the lowest in Minnesota and Utah at 2.3 and 2.2 percent respectively. Workers in the leisure and hospitality industry suffered the highest unemployment rate of any industry at 5.8 percent as of November 2022 (not seasonally adjusted).