U.S. unemployment rate: seasonally adjusted July 2020
The seasonally-adjusted national unemployment rate is measured on a monthly basis in the United States. In July 2020, the national unemployment rate was at 10.2 percent. Seasonal adjustment is a statistical method of removing the seasonal component of a time series that is used when analyzing non-seasonal trends.
U.S. monthly unemployment rate
According 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 2019. A trend of decreasing unemployment followed after a high in 2010 resulting from the 2008 financial crisis. Unemployment fell from 9.6 percent in 2010 to 3.7 percent in 2019.
Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In March 2020, the state with the highest (seasonally adjusted) unemployment rate was Louisiana with 6.9 percent, followed by Nevada, West Virginia, the District of Columbia, and West Virginia. Unemployment was the lowest in North Dakota at 2.2 percent. Workers in the leisure and hospitality industry suffered the highest unemployment rate of any industry at 39.3 percent as of April 2020 (not seasonally adjusted).
U.S. monthly unemployment rate
According 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 2019. A trend of decreasing unemployment followed after a high in 2010 resulting from the 2008 financial crisis. Unemployment fell from 9.6 percent in 2010 to 3.7 percent in 2019.
Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In March 2020, the state with the highest (seasonally adjusted) unemployment rate was Louisiana with 6.9 percent, followed by Nevada, West Virginia, the District of Columbia, and West Virginia. Unemployment was the lowest in North Dakota at 2.2 percent. Workers in the leisure and hospitality industry suffered the highest unemployment rate of any industry at 39.3 percent as of April 2020 (not seasonally adjusted).
