U.S. seasonally adjusted unemployment rate 2021-2023
The seasonally-adjusted national unemployment rate is measured on a monthly basis in the United States. In February 2023, the national unemployment rate was at 3.6 percent. Seasonal adjustment is a statistical method of removing the seasonal component of a time series that is used when analyzing non-seasonal trends.
Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In December 2022, the states with the highest (seasonally adjusted) unemployment rate were the Nevada and Illinois. Unemployment was the lowest in North Dakota and Utah at 2.3 and 2.2 percent respectively. Workers in the agricultural industry suffered the highest unemployment rate of any industry at 7.1 percent as of February 2023.
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 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, and fell even further in 2022.Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In December 2022, the states with the highest (seasonally adjusted) unemployment rate were the Nevada and Illinois. Unemployment was the lowest in North Dakota and Utah at 2.3 and 2.2 percent respectively. Workers in the agricultural industry suffered the highest unemployment rate of any industry at 7.1 percent as of February 2023.
