Accessible Version
Accessible Version
Figure 1. Unemployment Rate
Percent
Date | Unemployment rate | Black unemployment rate |
---|---|---|
Jan-68 | 3.7 | ND |
Feb-68 | 3.8 | ND |
Mar-68 | 3.7 | ND |
Apr-68 | 3.5 | ND |
May-68 | 3.5 | ND |
Jun-68 | 3.7 | ND |
Jul-68 | 3.7 | ND |
Aug-68 | 3.5 | ND |
Sep-68 | 3.4 | ND |
Oct-68 | 3.4 | ND |
Nov-68 | 3.4 | ND |
Dec-68 | 3.4 | ND |
Jan-69 | 3.4 | ND |
Feb-69 | 3.4 | ND |
Mar-69 | 3.4 | ND |
Apr-69 | 3.4 | ND |
May-69 | 3.4 | ND |
Jun-69 | 3.5 | ND |
Jul-69 | 3.6 | ND |
Aug-69 | 3.5 | ND |
Sep-69 | 3.7 | ND |
Oct-69 | 3.7 | ND |
Nov-69 | 3.5 | ND |
Dec-69 | 3.5 | ND |
Jan-70 | 3.9 | ND |
Feb-70 | 4.2 | ND |
Mar-70 | 4.4 | ND |
Apr-70 | 4.6 | ND |
May-70 | 4.8 | ND |
Jun-70 | 4.9 | ND |
Jul-70 | 5.0 | ND |
Aug-70 | 5.1 | ND |
Sep-70 | 5.4 | ND |
Oct-70 | 5.5 | ND |
Nov-70 | 5.9 | ND |
Dec-70 | 6.1 | ND |
Jan-71 | 6.0 | ND |
Feb-71 | 5.9 | ND |
Mar-71 | 6.0 | ND |
Apr-71 | 5.9 | ND |
May-71 | 5.9 | ND |
Jun-71 | 5.9 | ND |
Jul-71 | 6.0 | ND |
Aug-71 | 6.1 | ND |
Sep-71 | 6.0 | ND |
Oct-71 | 5.8 | ND |
Nov-71 | 6.0 | ND |
Dec-71 | 6.0 | ND |
Jan-72 | 5.8 | 11.2 |
Feb-72 | 5.7 | 11.2 |
Mar-72 | 5.8 | 10.7 |
Apr-72 | 5.7 | 9.8 |
May-72 | 5.7 | 10.2 |
Jun-72 | 5.7 | 10.2 |
Jul-72 | 5.6 | 10.5 |
Aug-72 | 5.6 | 10.6 |
Sep-72 | 5.6 | 10.4 |
Oct-72 | 5.6 | 10.6 |
Nov-72 | 5.3 | 10.0 |
Dec-72 | 5.2 | 9.4 |
Jan-73 | 4.9 | 9.1 |
Feb-73 | 5.0 | 9.5 |
Mar-73 | 5.0 | 9.4 |
Apr-73 | 5.0 | 9.9 |
May-73 | 4.9 | 9.6 |
Jun-73 | 4.9 | 9.8 |
Jul-73 | 4.8 | 9.8 |
Aug-73 | 4.8 | 9.2 |
Sep-73 | 4.8 | 9.7 |
Oct-73 | 4.6 | 8.8 |
Nov-73 | 4.9 | 9.3 |
Dec-73 | 4.9 | 9.0 |
Jan-74 | 5.1 | 9.5 |
Feb-74 | 5.2 | 9.8 |
Mar-74 | 5.1 | 9.8 |
Apr-74 | 5.1 | 9.5 |
May-74 | 5.1 | 9.7 |
Jun-74 | 5.4 | 10.1 |
Jul-74 | 5.5 | 10.4 |
Aug-74 | 5.5 | 9.9 |
Sep-74 | 5.9 | 10.8 |
Oct-74 | 6.0 | 11.5 |
Nov-74 | 6.6 | 12.4 |
Dec-74 | 7.2 | 13.1 |
Jan-75 | 8.1 | 14.1 |
Feb-75 | 8.1 | 14.4 |
Mar-75 | 8.6 | 15.1 |
Apr-75 | 8.8 | 15.3 |
May-75 | 9.0 | 15.1 |
Jun-75 | 8.8 | 15.0 |
Jul-75 | 8.6 | 14.1 |
Aug-75 | 8.4 | 15.2 |
Sep-75 | 8.4 | 15.4 |
Oct-75 | 8.4 | 14.9 |
Nov-75 | 8.3 | 14.6 |
Dec-75 | 8.2 | 14.5 |
Jan-76 | 7.9 | 14.3 |
Feb-76 | 7.7 | 14.4 |
Mar-76 | 7.6 | 13.5 |
Apr-76 | 7.7 | 13.8 |
May-76 | 7.4 | 13.2 |
Jun-76 | 7.6 | 14.3 |
Jul-76 | 7.8 | 13.9 |
Aug-76 | 7.8 | 14.3 |
Sep-76 | 7.6 | 13.7 |
Oct-76 | 7.7 | 13.9 |
Nov-76 | 7.8 | 14.0 |
Dec-76 | 7.8 | 14.1 |
Jan-77 | 7.5 | 13.8 |
Feb-77 | 7.6 | 14.2 |
Mar-77 | 7.5 | 13.9 |
Apr-77 | 7.2 | 12.8 |
May-77 | 7.0 | 13.5 |
Jun-77 | 7.2 | 13.9 |
Jul-77 | 6.9 | 13.9 |
Aug-77 | 7.0 | 15.1 |
Sep-77 | 6.8 | 14.5 |
Oct-77 | 6.8 | 14.5 |
Nov-77 | 6.8 | 14.7 |
Dec-77 | 6.4 | 13.6 |
Jan-78 | 6.4 | 13.9 |
Feb-78 | 6.3 | 13.1 |
Mar-78 | 6.3 | 13.1 |
Apr-78 | 6.1 | 12.9 |
May-78 | 6.0 | 13.0 |
Jun-78 | 5.9 | 12.8 |
Jul-78 | 6.2 | 13.0 |
Aug-78 | 5.9 | 12.3 |
Sep-78 | 6.0 | 11.9 |
Oct-78 | 5.8 | 11.8 |
Nov-78 | 5.9 | 12.7 |
Dec-78 | 6.0 | 12.4 |
Jan-79 | 5.9 | 12.4 |
Feb-79 | 5.9 | 13.1 |
Mar-79 | 5.8 | 12.5 |
Apr-79 | 5.8 | 12.9 |
May-79 | 5.6 | 12.4 |
Jun-79 | 5.7 | 12.2 |
Jul-79 | 5.7 | 12.1 |
Aug-79 | 6.0 | 12.4 |
Sep-79 | 5.9 | 11.7 |
Oct-79 | 6.0 | 12.3 |
Nov-79 | 5.9 | 11.9 |
Dec-79 | 6.0 | 12.2 |
Jan-80 | 6.3 | 13.0 |
Feb-80 | 6.3 | 12.9 |
Mar-80 | 6.3 | 12.9 |
Apr-80 | 6.9 | 13.8 |
May-80 | 7.5 | 14.4 |
Jun-80 | 7.6 | 14.6 |
Jul-80 | 7.8 | 15.3 |
Aug-80 | 7.7 | 14.6 |
Sep-80 | 7.5 | 14.8 |
Oct-80 | 7.5 | 15.1 |
Nov-80 | 7.5 | 15.1 |
Dec-80 | 7.2 | 15.0 |
Jan-81 | 7.5 | 14.6 |
Feb-81 | 7.4 | 14.7 |
Mar-81 | 7.4 | 15.1 |
Apr-81 | 7.2 | 14.7 |
May-81 | 7.5 | 14.8 |
Jun-81 | 7.5 | 15.7 |
Jul-81 | 7.2 | 15.0 |
Aug-81 | 7.4 | 16.3 |
Sep-81 | 7.6 | 15.9 |
Oct-81 | 7.9 | 16.7 |
Nov-81 | 8.3 | 16.8 |
Dec-81 | 8.5 | 17.2 |
Jan-82 | 8.6 | 17.3 |
Feb-82 | 8.9 | 17.7 |
Mar-82 | 9.0 | 18.1 |
Apr-82 | 9.3 | 18.2 |
May-82 | 9.4 | 18.5 |
Jun-82 | 9.6 | 18.5 |
Jul-82 | 9.8 | 18.8 |
Aug-82 | 9.9 | 18.9 |
Sep-82 | 10.1 | 19.7 |
Oct-82 | 10.4 | 20.1 |
Nov-82 | 10.8 | 20.2 |
Dec-82 | 10.9 | 20.9 |
Jan-83 | 10.4 | 21.2 |
Feb-83 | 10.4 | 19.9 |
Mar-83 | 10.3 | 20.1 |
Apr-83 | 10.2 | 20.4 |
May-83 | 10.1 | 20.3 |
Jun-83 | 10.1 | 20.7 |
Jul-83 | 9.4 | 19.4 |
Aug-83 | 9.5 | 19.7 |
Sep-83 | 9.2 | 18.8 |
Oct-83 | 8.8 | 18.2 |
Nov-83 | 8.5 | 17.5 |
Dec-83 | 8.3 | 17.8 |
Jan-84 | 8.0 | 17.3 |
Feb-84 | 7.8 | 16.2 |
Mar-84 | 7.8 | 16.6 |
Apr-84 | 7.8 | 16.5 |
May-84 | 7.4 | 15.7 |
Jun-84 | 7.2 | 15.6 |
Jul-84 | 7.5 | 16.7 |
Aug-84 | 7.5 | 16.0 |
Sep-84 | 7.4 | 15.0 |
Oct-84 | 7.4 | 15.3 |
Nov-84 | 7.2 | 15.0 |
Dec-84 | 7.3 | 15.2 |
Jan-85 | 7.3 | 15.2 |
Feb-85 | 7.2 | 15.8 |
Mar-85 | 7.2 | 15.1 |
Apr-85 | 7.3 | 15.1 |
May-85 | 7.2 | 15.2 |
Jun-85 | 7.4 | 14.4 |
Jul-85 | 7.4 | 15.2 |
Aug-85 | 7.1 | 14.3 |
Sep-85 | 7.1 | 15.2 |
Oct-85 | 7.1 | 15.0 |
Nov-85 | 7.0 | 15.6 |
Dec-85 | 7.0 | 15.0 |
Jan-86 | 6.7 | 14.5 |
Feb-86 | 7.2 | 14.4 |
Mar-86 | 7.2 | 14.6 |
Apr-86 | 7.1 | 14.8 |
May-86 | 7.2 | 14.6 |
Jun-86 | 7.2 | 15.1 |
Jul-86 | 7.0 | 14.4 |
Aug-86 | 6.9 | 14.8 |
Sep-86 | 7.0 | 14.9 |
Oct-86 | 7.0 | 14.6 |
Nov-86 | 6.9 | 14.3 |
Dec-86 | 6.7 | 13.7 |
Jan-87 | 6.6 | 14.0 |
Feb-87 | 6.6 | 13.8 |
Mar-87 | 6.6 | 13.8 |
Apr-87 | 6.3 | 12.9 |
May-87 | 6.3 | 13.6 |
Jun-87 | 6.2 | 12.9 |
Jul-87 | 6.1 | 12.9 |
Aug-87 | 6.0 | 12.6 |
Sep-87 | 5.9 | 12.6 |
Oct-87 | 6.0 | 12.3 |
Nov-87 | 5.8 | 12.1 |
Dec-87 | 5.8 | 12.1 |
Jan-88 | 5.8 | 12.0 |
Feb-88 | 5.7 | 12.4 |
Mar-88 | 5.7 | 12.7 |
Apr-88 | 5.4 | 12.2 |
May-88 | 5.6 | 12.3 |
Jun-88 | 5.4 | 11.5 |
Jul-88 | 5.4 | 11.6 |
Aug-88 | 5.6 | 11.4 |
Sep-88 | 5.4 | 11.0 |
Oct-88 | 5.4 | 11.1 |
Nov-88 | 5.3 | 11.0 |
Dec-88 | 5.3 | 11.3 |
Jan-89 | 5.4 | 11.8 |
Feb-89 | 5.2 | 11.9 |
Mar-89 | 5.0 | 11.1 |
Apr-89 | 5.2 | 11.1 |
May-89 | 5.2 | 11.2 |
Jun-89 | 5.3 | 11.7 |
Jul-89 | 5.2 | 11.0 |
Aug-89 | 5.2 | 11.1 |
Sep-89 | 5.3 | 11.7 |
Oct-89 | 5.3 | 11.7 |
Nov-89 | 5.4 | 11.7 |
Dec-89 | 5.4 | 11.6 |
Jan-90 | 5.4 | 11.1 |
Feb-90 | 5.3 | 11.0 |
Mar-90 | 5.2 | 10.9 |
Apr-90 | 5.4 | 10.7 |
May-90 | 5.4 | 10.6 |
Jun-90 | 5.3 | 10.5 |
Jul-90 | 5.5 | 11.4 |
Aug-90 | 5.7 | 11.7 |
Sep-90 | 5.9 | 12.1 |
Oct-90 | 5.9 | 12.1 |
Nov-90 | 6.2 | 12.4 |
Dec-90 | 6.3 | 12.4 |
Jan-91 | 6.4 | 11.9 |
Feb-91 | 6.6 | 12.2 |
Mar-91 | 6.8 | 12.5 |
Apr-91 | 6.7 | 12.7 |
May-91 | 6.9 | 12.8 |
Jun-91 | 6.9 | 12.5 |
Jul-91 | 6.8 | 11.9 |
Aug-91 | 6.9 | 12.4 |
Sep-91 | 6.9 | 12.3 |
Oct-91 | 7.0 | 13.3 |
Nov-91 | 7.1 | 12.5 |
Dec-91 | 7.3 | 12.9 |
Jan-92 | 7.3 | 13.5 |
Feb-92 | 7.4 | 14.2 |
Mar-92 | 7.4 | 14.1 |
Apr-92 | 7.4 | 14.1 |
May-92 | 7.6 | 14.7 |
Jun-92 | 7.8 | 14.6 |
Jul-92 | 7.7 | 14.4 |
Aug-92 | 7.6 | 14.2 |
Sep-92 | 7.6 | 13.9 |
Oct-92 | 7.3 | 14.3 |
Nov-92 | 7.5 | 14.1 |
Dec-92 | 7.4 | 14.3 |
Jan-93 | 7.3 | 14.1 |
Feb-93 | 7.2 | 13.5 |
Mar-93 | 7.0 | 13.7 |
Apr-93 | 7.1 | 14.0 |
May-93 | 7.1 | 13.1 |
Jun-93 | 7.1 | 13.4 |
Jul-93 | 6.9 | 12.7 |
Aug-93 | 6.8 | 12.3 |
Sep-93 | 6.7 | 12.5 |
Oct-93 | 6.8 | 11.8 |
Nov-93 | 6.6 | 12.6 |
Dec-93 | 6.5 | 11.7 |
Jan-94 | 6.6 | 13.1 |
Feb-94 | 6.6 | 12.8 |
Mar-94 | 6.5 | 12.4 |
Apr-94 | 6.4 | 11.9 |
May-94 | 6.1 | 11.7 |
Jun-94 | 6.1 | 11.3 |
Jul-94 | 6.1 | 10.9 |
Aug-94 | 6.0 | 11.2 |
Sep-94 | 5.9 | 10.6 |
Oct-94 | 5.8 | 11.3 |
Nov-94 | 5.6 | 10.8 |
Dec-94 | 5.5 | 9.9 |
Jan-95 | 5.6 | 10.3 |
Feb-95 | 5.4 | 10.1 |
Mar-95 | 5.4 | 9.7 |
Apr-95 | 5.8 | 10.7 |
May-95 | 5.6 | 10.0 |
Jun-95 | 5.6 | 10.7 |
Jul-95 | 5.7 | 10.9 |
Aug-95 | 5.7 | 11.1 |
Sep-95 | 5.6 | 11.1 |
Oct-95 | 5.5 | 10.0 |
Nov-95 | 5.6 | 9.7 |
Dec-95 | 5.6 | 10.2 |
Jan-96 | 5.7 | 10.6 |
Feb-96 | 5.5 | 10.0 |
Mar-96 | 5.5 | 10.6 |
Apr-96 | 5.6 | 10.7 |
May-96 | 5.6 | 10.2 |
Jun-96 | 5.3 | 10.4 |
Jul-96 | 5.5 | 10.6 |
Aug-96 | 5.1 | 10.6 |
Sep-96 | 5.2 | 10.6 |
Oct-96 | 5.2 | 10.7 |
Nov-96 | 5.4 | 10.6 |
Dec-96 | 5.4 | 10.5 |
Jan-97 | 5.3 | 10.8 |
Feb-97 | 5.3 | 10.7 |
Mar-97 | 5.2 | 10.5 |
Apr-97 | 5.1 | 10.2 |
May-97 | 4.9 | 10.3 |
Jun-97 | 5.0 | 10.8 |
Jul-97 | 4.9 | 9.5 |
Aug-97 | 4.8 | 9.4 |
Sep-97 | 4.9 | 9.5 |
Oct-97 | 4.7 | 9.5 |
Nov-97 | 4.6 | 9.5 |
Dec-97 | 4.7 | 10.0 |
Jan-98 | 4.7 | 9.4 |
Feb-98 | 4.6 | 9.3 |
Mar-98 | 4.7 | 9.2 |
Apr-98 | 4.3 | 9.1 |
May-98 | 4.4 | 8.9 |
Jun-98 | 4.5 | 8.8 |
Jul-98 | 4.6 | 9.5 |
Aug-98 | 4.5 | 8.8 |
Sep-98 | 4.6 | 9.1 |
Oct-98 | 4.5 | 8.6 |
Nov-98 | 4.4 | 8.6 |
Dec-98 | 4.4 | 7.7 |
Jan-99 | 4.3 | 7.8 |
Feb-99 | 4.4 | 8.2 |
Mar-99 | 4.2 | 8.0 |
Apr-99 | 4.3 | 7.8 |
May-99 | 4.2 | 7.4 |
Jun-99 | 4.3 | 7.7 |
Jul-99 | 4.3 | 8.7 |
Aug-99 | 4.2 | 7.7 |
Sep-99 | 4.2 | 8.5 |
Oct-99 | 4.1 | 8.4 |
Nov-99 | 4.1 | 8.0 |
Dec-99 | 4.0 | 7.8 |
Jan-00 | 4.0 | 8.2 |
Feb-00 | 4.1 | 8.1 |
Mar-00 | 4.0 | 7.4 |
Apr-00 | 3.8 | 7.0 |
May-00 | 4.0 | 7.7 |
Jun-00 | 4.0 | 7.8 |
Jul-00 | 4.0 | 7.7 |
Aug-00 | 4.1 | 7.9 |
Sep-00 | 4.0 | 7.3 |
Oct-00 | 3.9 | 7.3 |
Nov-00 | 4.0 | 7.3 |
Dec-00 | 3.9 | 7.4 |
Jan-01 | 4.2 | 8.2 |
Feb-01 | 4.2 | 7.7 |
Mar-01 | 4.3 | 8.3 |
Apr-01 | 4.4 | 8.0 |
May-01 | 4.3 | 7.9 |
Jun-01 | 4.5 | 8.3 |
Jul-01 | 4.6 | 8.0 |
Aug-01 | 4.9 | 9.1 |
Sep-01 | 5.0 | 8.9 |
Oct-01 | 5.3 | 9.5 |
Nov-01 | 5.6 | 9.8 |
Dec-01 | 5.7 | 10.1 |
Jan-02 | 5.7 | 10.0 |
Feb-02 | 5.7 | 9.9 |
Mar-02 | 5.8 | 10.5 |
Apr-02 | 5.9 | 10.7 |
May-02 | 5.8 | 10.2 |
Jun-02 | 5.8 | 10.5 |
Jul-02 | 5.8 | 9.8 |
Aug-02 | 5.7 | 9.8 |
Sep-02 | 5.7 | 9.7 |
Oct-02 | 5.7 | 9.8 |
Nov-02 | 5.9 | 10.7 |
Dec-02 | 6.0 | 11.3 |
Jan-03 | 5.8 | 10.5 |
Feb-03 | 5.9 | 10.7 |
Mar-03 | 5.9 | 10.3 |
Apr-03 | 6.0 | 10.9 |
May-03 | 6.1 | 10.9 |
Jun-03 | 6.3 | 11.5 |
Jul-03 | 6.2 | 10.9 |
Aug-03 | 6.1 | 10.9 |
Sep-03 | 6.1 | 11.1 |
Oct-03 | 6.0 | 11.4 |
Nov-03 | 5.8 | 10.2 |
Dec-03 | 5.7 | 10.1 |
Jan-04 | 5.7 | 10.4 |
Feb-04 | 5.6 | 9.7 |
Mar-04 | 5.8 | 10.3 |
Apr-04 | 5.6 | 9.8 |
May-04 | 5.6 | 10.1 |
Jun-04 | 5.6 | 10.2 |
Jul-04 | 5.5 | 11.0 |
Aug-04 | 5.4 | 10.5 |
Sep-04 | 5.4 | 10.3 |
Oct-04 | 5.5 | 10.8 |
Nov-04 | 5.4 | 10.7 |
Dec-04 | 5.4 | 10.7 |
Jan-05 | 5.3 | 10.6 |
Feb-05 | 5.4 | 10.9 |
Mar-05 | 5.2 | 10.5 |
Apr-05 | 5.2 | 10.3 |
May-05 | 5.1 | 10.1 |
Jun-05 | 5.0 | 10.2 |
Jul-05 | 5.0 | 9.2 |
Aug-05 | 4.9 | 9.7 |
Sep-05 | 5.0 | 9.4 |
Oct-05 | 5.0 | 9.1 |
Nov-05 | 5.0 | 10.6 |
Dec-05 | 4.9 | 9.2 |
Jan-06 | 4.7 | 8.9 |
Feb-06 | 4.8 | 9.5 |
Mar-06 | 4.7 | 9.5 |
Apr-06 | 4.7 | 9.4 |
May-06 | 4.6 | 8.7 |
Jun-06 | 4.6 | 8.9 |
Jul-06 | 4.7 | 9.5 |
Aug-06 | 4.7 | 8.8 |
Sep-06 | 4.5 | 9.0 |
Oct-06 | 4.4 | 8.4 |
Nov-06 | 4.5 | 8.5 |
Dec-06 | 4.4 | 8.3 |
Jan-07 | 4.7 | 7.9 |
Feb-07 | 4.5 | 8.0 |
Mar-07 | 4.4 | 8.4 |
Apr-07 | 4.5 | 8.3 |
May-07 | 4.4 | 8.3 |
Jun-07 | 4.6 | 8.5 |
Jul-07 | 4.7 | 8.1 |
Aug-07 | 4.6 | 7.6 |
Sep-07 | 4.7 | 8.0 |
Oct-07 | 4.7 | 8.5 |
Nov-07 | 4.7 | 8.5 |
Dec-07 | 5.0 | 9.0 |
Jan-08 | 5.0 | 9.1 |
Feb-08 | 4.9 | 8.4 |
Mar-08 | 5.1 | 9.2 |
Apr-08 | 5.0 | 8.6 |
May-08 | 5.4 | 9.6 |
Jun-08 | 5.6 | 9.4 |
Jul-08 | 5.8 | 10.0 |
Aug-08 | 6.1 | 10.6 |
Sep-08 | 6.1 | 11.3 |
Oct-08 | 6.5 | 11.4 |
Nov-08 | 6.8 | 11.5 |
Dec-08 | 7.3 | 12.1 |
Jan-09 | 7.8 | 12.7 |
Feb-09 | 8.4 | 13.7 |
Mar-09 | 8.7 | 13.7 |
Apr-09 | 9.0 | 15.0 |
May-09 | 9.4 | 15.0 |
Jun-09 | 9.5 | 14.8 |
Jul-09 | 9.5 | 14.8 |
Aug-09 | 9.6 | 14.8 |
Sep-09 | 9.8 | 15.3 |
Oct-09 | 10.0 | 15.8 |
Nov-09 | 9.9 | 15.7 |
Dec-09 | 9.9 | 16.1 |
Jan-10 | 9.8 | 16.5 |
Feb-10 | 9.8 | 16.1 |
Mar-10 | 9.9 | 16.8 |
Apr-10 | 9.9 | 16.6 |
May-10 | 9.6 | 15.5 |
Jun-10 | 9.4 | 15.2 |
Jul-10 | 9.4 | 15.6 |
Aug-10 | 9.5 | 15.9 |
Sep-10 | 9.5 | 16.0 |
Oct-10 | 9.5 | 15.6 |
Nov-10 | 9.8 | 16.2 |
Dec-10 | 9.3 | 15.5 |
Jan-11 | 9.1 | 15.8 |
Feb-11 | 9.0 | 15.5 |
Mar-11 | 9.0 | 15.8 |
Apr-11 | 9.1 | 16.5 |
May-11 | 9.0 | 16.3 |
Jun-11 | 9.1 | 16.2 |
Jul-11 | 9.0 | 15.9 |
Aug-11 | 9.0 | 16.4 |
Sep-11 | 9.1 | 15.9 |
Oct-11 | 8.8 | 14.6 |
Nov-11 | 8.6 | 15.6 |
Dec-11 | 8.5 | 15.4 |
Jan-12 | 8.3 | 13.6 |
Feb-12 | 8.3 | 14.0 |
Mar-12 | 8.2 | 14.0 |
Apr-12 | 8.2 | 13.3 |
May-12 | 8.2 | 13.5 |
Jun-12 | 8.2 | 14.5 |
Jul-12 | 8.2 | 14.2 |
Aug-12 | 8.1 | 13.8 |
Sep-12 | 7.8 | 13.6 |
Oct-12 | 7.8 | 14.1 |
Nov-12 | 7.7 | 13.3 |
Dec-12 | 7.9 | 14.0 |
Jan-13 | 8.0 | 13.7 |
Feb-13 | 7.7 | 13.8 |
Mar-13 | 7.5 | 13.0 |
Apr-13 | 7.6 | 13.3 |
May-13 | 7.5 | 13.4 |
Jun-13 | 7.5 | 14.2 |
Jul-13 | 7.3 | 12.6 |
Aug-13 | 7.3 | 12.8 |
Sep-13 | 7.2 | 13.0 |
Oct-13 | 7.2 | 12.8 |
Nov-13 | 7.0 | 12.3 |
Dec-13 | 6.7 | 11.9 |
Jan-14 | 6.6 | 12.1 |
Feb-14 | 6.7 | 11.8 |
Mar-14 | 6.7 | 12.1 |
Apr-14 | 6.2 | 11.6 |
May-14 | 6.3 | 11.4 |
Jun-14 | 6.1 | 11.0 |
Jul-14 | 6.2 | 11.6 |
Aug-14 | 6.2 | 11.4 |
Sep-14 | 5.9 | 11.0 |
Oct-14 | 5.8 | 10.6 |
Nov-14 | 5.8 | 10.9 |
Dec-14 | 5.6 | 10.6 |
Jan-15 | 5.7 | 10.3 |
Feb-15 | 5.5 | 10.1 |
Mar-15 | 5.4 | 9.9 |
Apr-15 | 5.4 | 9.7 |
May-15 | 5.6 | 10.3 |
Jun-15 | 5.3 | 9.7 |
Jul-15 | 5.2 | 9.1 |
Aug-15 | 5.1 | 9.4 |
Sep-15 | 5.0 | 9.3 |
Oct-15 | 5.0 | 9.0 |
Nov-15 | 5.1 | 9.4 |
Dec-15 | 5.0 | 8.5 |
Jan-16 | 4.8 | 8.5 |
Feb-16 | 4.9 | 8.6 |
Mar-16 | 5.0 | 8.9 |
Apr-16 | 5.1 | 8.8 |
May-16 | 4.8 | 8.2 |
Jun-16 | 4.9 | 8.7 |
Jul-16 | 4.8 | 8.2 |
Aug-16 | 4.9 | 8.0 |
Sep-16 | 5.0 | 8.5 |
Oct-16 | 4.9 | 8.5 |
Nov-16 | 4.7 | 8.2 |
Dec-16 | 4.7 | 8.0 |
Jan-17 | 4.7 | 7.4 |
Feb-17 | 4.6 | 8.0 |
Mar-17 | 4.4 | 7.9 |
Apr-17 | 4.5 | 7.8 |
May-17 | 4.4 | 7.6 |
Jun-17 | 4.3 | 7.1 |
Jul-17 | 4.3 | 7.2 |
Aug-17 | 4.4 | 7.5 |
Sep-17 | 4.3 | 7.2 |
Oct-17 | 4.1 | 7.6 |
Nov-17 | 4.2 | 7.5 |
Dec-17 | 4.1 | 6.9 |
Jan-18 | 4.0 | 7.5 |
Feb-18 | 4.1 | 6.8 |
Mar-18 | 4.0 | 6.6 |
Apr-18 | 4.1 | 6.5 |
May-18 | 3.8 | 5.8 |
Jun-18 | 4.0 | 6.5 |
Jul-18 | 3.8 | 6.4 |
Aug-18 | 3.8 | 6.2 |
Sep-18 | 3.7 | 6.2 |
Oct-18 | 3.8 | 6.4 |
Nov-18 | 3.8 | 6.2 |
Dec-18 | 3.9 | 6.8 |
Jan-19 | 4.0 | 6.9 |
Feb-19 | 3.8 | 7.0 |
Mar-19 | 3.8 | 6.5 |
Apr-19 | 3.7 | 6.6 |
May-19 | 3.7 | 6.1 |
Jun-19 | 3.6 | 6.0 |
Jul-19 | 3.7 | 5.6 |
Aug-19 | 3.7 | 5.2 |
Sep-19 | 3.5 | 5.4 |
Oct-19 | 3.6 | 5.6 |
Nov-19 | 3.6 | 5.7 |
Dec-19 | 3.6 | 6.2 |
Jan-20 | 3.5 | 6.1 |
Feb-20 | 3.5 | 6.0 |
Note: Published data on unemployment rates by race start in 1972.
Source: Bureau of Labor Statistics.
Figure 2. Prime-Age Labor Force Participation
Percent
Date | All workers | Workers without a college degree |
---|---|---|
Jan-07 | 83.4 | 80.8 |
Feb-07 | 83.2 | 80.5 |
Mar-07 | 83.2 | 80.6 |
Apr-07 | 83.0 | 80.6 |
May-07 | 83.0 | 80.5 |
Jun-07 | 82.9 | 80.1 |
Jul-07 | 82.9 | 80.2 |
Aug-07 | 82.9 | 80.4 |
Sep-07 | 82.8 | 80.6 |
Oct-07 | 82.7 | 80.6 |
Nov-07 | 82.9 | 80.8 |
Dec-07 | 83.1 | 80.7 |
Jan-08 | 83.3 | 80.5 |
Feb-08 | 83.2 | 80.2 |
Mar-08 | 83.3 | 80.5 |
Apr-08 | 83.1 | 80.4 |
May-08 | 83.1 | 80.4 |
Jun-08 | 83.1 | 80.3 |
Jul-08 | 83.1 | 80.3 |
Aug-08 | 83.2 | 80.5 |
Sep-08 | 83.1 | 80.6 |
Oct-08 | 83.0 | 80.7 |
Nov-08 | 83.0 | 80.7 |
Dec-08 | 82.8 | 80.3 |
Jan-09 | 82.8 | 80.2 |
Feb-09 | 82.8 | 80.2 |
Mar-09 | 82.6 | 80.1 |
Apr-09 | 82.8 | 80.0 |
May-09 | 82.9 | 79.8 |
Jun-09 | 82.9 | 79.7 |
Jul-09 | 82.8 | 79.8 |
Aug-09 | 82.8 | 79.8 |
Sep-09 | 82.5 | 79.5 |
Oct-09 | 82.5 | 79.5 |
Nov-09 | 82.4 | 79.7 |
Dec-09 | 82.0 | 79.2 |
Jan-10 | 82.4 | 79.7 |
Feb-10 | 82.3 | 79.7 |
Mar-10 | 82.4 | 79.9 |
Apr-10 | 82.6 | 79.8 |
May-10 | 82.3 | 79.3 |
Jun-10 | 82.2 | 79.1 |
Jul-10 | 81.9 | 78.9 |
Aug-10 | 82.0 | 79.3 |
Sep-10 | 82.0 | 79.4 |
Oct-10 | 81.8 | 79.2 |
Nov-10 | 82.0 | 79.3 |
Dec-10 | 81.9 | 79.0 |
Jan-11 | 81.7 | 78.9 |
Feb-11 | 81.6 | 78.6 |
Mar-11 | 81.7 | 78.6 |
Apr-11 | 81.7 | 78.4 |
May-11 | 81.7 | 78.5 |
Jun-11 | 81.7 | 78.3 |
Jul-11 | 81.4 | 78.2 |
Aug-11 | 81.6 | 78.4 |
Sep-11 | 81.5 | 78.6 |
Oct-11 | 81.3 | 78.5 |
Nov-11 | 81.5 | 78.6 |
Dec-11 | 81.6 | 78.7 |
Jan-12 | 81.5 | 78.6 |
Feb-12 | 81.5 | 78.3 |
Mar-12 | 81.5 | 78.2 |
Apr-12 | 81.4 | 77.9 |
May-12 | 81.4 | 78.1 |
Jun-12 | 81.5 | 78.1 |
Jul-12 | 81.4 | 77.9 |
Aug-12 | 81.4 | 78.0 |
Sep-12 | 81.5 | 78.2 |
Oct-12 | 81.6 | 78.5 |
Nov-12 | 81.2 | 77.9 |
Dec-12 | 81.4 | 78.0 |
Jan-13 | 81.1 | 77.7 |
Feb-13 | 81.0 | 77.4 |
Mar-13 | 81.0 | 77.4 |
Apr-13 | 81.0 | 77.4 |
May-13 | 81.2 | 78.0 |
Jun-13 | 81.2 | 77.6 |
Jul-13 | 81.2 | 77.6 |
Aug-13 | 81.0 | 77.3 |
Sep-13 | 81.0 | 77.5 |
Oct-13 | 80.6 | 77.1 |
Nov-13 | 81.0 | 77.5 |
Dec-13 | 80.8 | 77.2 |
Jan-14 | 80.9 | 77.1 |
Feb-14 | 81.1 | 77.3 |
Mar-14 | 81.1 | 77.5 |
Apr-14 | 80.8 | 77.1 |
May-14 | 80.7 | 77.1 |
Jun-14 | 81.0 | 77.2 |
Jul-14 | 80.8 | 77.4 |
Aug-14 | 81.1 | 77.7 |
Sep-14 | 80.8 | 77.5 |
Oct-14 | 80.9 | 77.4 |
Nov-14 | 80.9 | 77.2 |
Dec-14 | 80.9 | 77.0 |
Jan-15 | 81.0 | 77.3 |
Feb-15 | 80.9 | 77.0 |
Mar-15 | 80.8 | 77.0 |
Apr-15 | 81.0 | 77.3 |
May-15 | 81.1 | 77.4 |
Jun-15 | 80.9 | 77.0 |
Jul-15 | 80.7 | 76.7 |
Aug-15 | 80.7 | 77.0 |
Sep-15 | 80.6 | 77.1 |
Oct-15 | 80.8 | 77.1 |
Nov-15 | 80.9 | 77.2 |
Dec-15 | 80.9 | 77.0 |
Jan-16 | 81.1 | 77.4 |
Feb-16 | 81.1 | 77.4 |
Mar-16 | 81.3 | 77.5 |
Apr-16 | 81.2 | 77.4 |
May-16 | 81.2 | 77.4 |
Jun-16 | 81.3 | 77.2 |
Jul-16 | 81.3 | 77.5 |
Aug-16 | 81.4 | 77.5 |
Sep-16 | 81.5 | 77.9 |
Oct-16 | 81.5 | 77.9 |
Nov-16 | 81.4 | 77.8 |
Dec-16 | 81.3 | 77.7 |
Jan-17 | 81.5 | 77.6 |
Feb-17 | 81.5 | 77.8 |
Mar-17 | 81.6 | 77.9 |
Apr-17 | 81.7 | 78.0 |
May-17 | 81.7 | 77.8 |
Jun-17 | 81.7 | 77.7 |
Jul-17 | 81.8 | 77.6 |
Aug-17 | 81.7 | 77.7 |
Sep-17 | 81.9 | 78.1 |
Oct-17 | 81.6 | 77.9 |
Nov-17 | 81.8 | 78.4 |
Dec-17 | 81.8 | 78.3 |
Jan-18 | 81.7 | 78.1 |
Feb-18 | 82.0 | 78.3 |
Mar-18 | 82.0 | 78.2 |
Apr-18 | 82.0 | 78.2 |
May-18 | 81.9 | 77.9 |
Jun-18 | 82.1 | 78.1 |
Jul-18 | 82.1 | 78.0 |
Aug-18 | 82.0 | 77.7 |
Sep-18 | 81.9 | 78.0 |
Oct-18 | 82.3 | 78.7 |
Nov-18 | 82.2 | 78.5 |
Dec-18 | 82.3 | 78.5 |
Jan-19 | 82.4 | 78.6 |
Feb-19 | 82.4 | 78.4 |
Mar-19 | 82.4 | 78.6 |
Apr-19 | 82.2 | 78.4 |
May-19 | 82.2 | 78.1 |
Jun-19 | 82.3 | 78.0 |
Jul-19 | 82.1 | 78.0 |
Aug-19 | 82.6 | 78.5 |
Sep-19 | 82.7 | 78.9 |
Oct-19 | 82.9 | 79.1 |
Nov-19 | 82.9 | 79.0 |
Dec-19 | 82.9 | 79.1 |
Jan-20 | 83.0 | 79.0 |
Feb-20 | 82.9 | 78.8 |
Note: Prime age refers to ages 25 to 54.
Source: Bureau of Labor Statistics and Board staff calculations using microdata from the Current Population Survey
Figure 3. Labor Force Participation Rate in Organisation for Economic Co-operation and Development Countries: 25-64 Year Olds, 2019
Country | Percent |
---|---|
TURKEY | 62.35 |
MEXICO | 71.51 |
S. AFRICA | 71.90 |
ITALY | 72.87 |
CROATIA | 73.28 |
N. MACEDONIA | 73.48 |
BRAZIL | 75.00 |
ROMANIA | 76.10 |
S. KOREA | 76.56 |
INDONESIA | 76.68 |
GREECE | 76.79 |
POLAND | 76.80 |
NAMIBA | 76.86 |
BELGIUM | 77.19 |
CHILE | 77.26 |
COSTA RICA | 77.64 |
USA | 78.20 |
LUXEMBOURG | 79.38 |
IRELAND | 79.40 |
FRANCE | 79.71 |
MALTA | 79.89 |
HUNGARY | 80.30 |
SLOVAKIA | 80.39 |
ISRAEL | 80.40 |
COLOMBIA | 80.70 |
AUSTRIA | 80.92 |
RUSSIA | 81.02 |
AUSTRALIA | 81.02 |
SPAIN | 81.03 |
BULGARIA | 81.13 |
SLOVENIA | 81.84 |
CANADA | 82.12 |
GREAT BRITAIN | 82.34 |
CYPRUS | 83.30 |
DENMARK | 83.38 |
FINLAND | 83.46 |
NETHERLANDS | 83.46 |
NORWAY | 83.52 |
PORTUGAL | 83.67 |
LATVIA | 84.12 |
CZECH | 84.40 |
GERMANY | 84.41 |
ESTONIA | 84.66 |
NEWZELAND | 85.32 |
JAPAN | 85.45 |
LITHUANIA | 85.74 |
SWITZERLAND | 87.63 |
ICELAND | 88.91 |
SWEDEN | 89.07 |
Note: OECD is Organisation for Economic Co-operation and Development.
Source: Organisation for Economic Co-operation and Development (2021), ''Labour force participation rate'' (indicator), https://doi.org/10.1787/8a801325-en (accessed on February 1, 2021).
Figure 4. Wage Growth for Low Earners
Percent
Date | Top wage quartile | Top-middle wage quartile | Bottom-middle wage quartile | Bottom wage quartile |
---|---|---|---|---|
Jan-07 | 3.9 | 3.9 | 4.0 | 3.8 |
Feb-07 | 3.9 | 4.0 | 4.0 | 3.9 |
Mar-07 | 4.0 | 4.0 | 4.0 | 4.0 |
Apr-07 | 4.0 | 3.9 | 4.0 | 4.0 |
May-07 | 4.0 | 3.8 | 4.1 | 4.1 |
Jun-07 | 4.0 | 4.0 | 4.1 | 4.1 |
Jul-07 | 4.1 | 3.9 | 4.2 | 4.2 |
Aug-07 | 4.1 | 4.0 | 4.2 | 4.3 |
Sep-07 | 4.2 | 4.0 | 4.1 | 4.4 |
Oct-07 | 4.2 | 4.1 | 4.1 | 4.6 |
Nov-07 | 4.1 | 4.0 | 4.2 | 4.6 |
Dec-07 | 4.0 | 4.1 | 4.1 | 4.6 |
Jan-08 | 4.0 | 4.1 | 3.9 | 4.6 |
Feb-08 | 4.0 | 4.2 | 3.9 | 4.6 |
Mar-08 | 4.0 | 4.1 | 3.9 | 4.5 |
Apr-08 | 4.1 | 4.1 | 3.9 | 4.5 |
May-08 | 4.1 | 4.2 | 3.8 | 4.6 |
Jun-08 | 4.0 | 4.2 | 3.9 | 4.7 |
Jul-08 | 4.0 | 4.1 | 3.8 | 4.7 |
Aug-08 | 4.0 | 4.1 | 3.9 | 4.5 |
Sep-08 | 4.0 | 4.1 | 3.9 | 4.4 |
Oct-08 | 4.1 | 4.0 | 3.8 | 4.3 |
Nov-08 | 4.1 | 4.1 | 3.8 | 4.3 |
Dec-08 | 4.2 | 4.0 | 3.8 | 4.1 |
Jan-09 | 4.2 | 4.0 | 3.8 | 4.0 |
Feb-09 | 4.1 | 3.9 | 3.8 | 3.9 |
Mar-09 | 4.0 | 3.9 | 3.7 | 3.8 |
Apr-09 | 3.9 | 3.8 | 3.7 | 3.7 |
May-09 | 3.7 | 3.7 | 3.7 | 3.7 |
Jun-09 | 3.7 | 3.6 | 3.5 | 3.5 |
Jul-09 | 3.6 | 3.5 | 3.5 | 3.3 |
Aug-09 | 3.4 | 3.3 | 3.2 | 3.2 |
Sep-09 | 3.2 | 3.2 | 3.0 | 3.1 |
Oct-09 | 3.0 | 3.0 | 2.9 | 3.0 |
Nov-09 | 2.9 | 2.8 | 2.8 | 2.9 |
Dec-09 | 2.7 | 2.6 | 2.5 | 2.7 |
Jan-10 | 2.5 | 2.4 | 2.4 | 2.6 |
Feb-10 | 2.4 | 2.3 | 2.3 | 2.5 |
Mar-10 | 2.4 | 2.2 | 2.1 | 2.5 |
Apr-10 | 2.2 | 2.2 | 1.8 | 2.3 |
May-10 | 2.2 | 2.0 | 1.6 | 2.1 |
Jun-10 | 2.1 | 1.8 | 1.6 | 2.1 |
Jul-10 | 2.1 | 1.7 | 1.4 | 2.0 |
Aug-10 | 2.1 | 1.7 | 1.5 | 2.0 |
Sep-10 | 2.1 | 1.7 | 1.5 | 1.9 |
Oct-10 | 2.0 | 1.6 | 1.4 | 1.8 |
Nov-10 | 2.0 | 1.6 | 1.5 | 1.8 |
Dec-10 | 2.0 | 1.6 | 1.5 | 1.8 |
Jan-11 | 2.2 | 1.6 | 1.5 | 1.7 |
Feb-11 | 2.2 | 1.5 | 1.6 | 1.7 |
Mar-11 | 2.2 | 1.4 | 1.7 | 1.6 |
Apr-11 | 2.1 | 1.4 | 1.8 | 1.6 |
May-11 | 2.2 | 1.5 | 1.9 | 1.6 |
Jun-11 | 2.3 | 1.6 | 1.9 | 1.4 |
Jul-11 | 2.3 | 1.7 | 2.0 | 1.4 |
Aug-11 | 2.3 | 1.8 | 2.0 | 1.5 |
Sep-11 | 2.3 | 1.7 | 2.0 | 1.5 |
Oct-11 | 2.4 | 1.9 | 2.1 | 1.5 |
Nov-11 | 2.5 | 1.9 | 2.0 | 1.4 |
Dec-11 | 2.4 | 1.8 | 2.2 | 1.3 |
Jan-12 | 2.4 | 1.9 | 2.2 | 1.3 |
Feb-12 | 2.3 | 2.0 | 2.3 | 1.2 |
Mar-12 | 2.2 | 2.1 | 2.3 | 1.2 |
Apr-12 | 2.4 | 2.1 | 2.3 | 1.2 |
May-12 | 2.2 | 2.1 | 2.3 | 1.3 |
Jun-12 | 2.1 | 2.1 | 2.3 | 1.4 |
Jul-12 | 2.1 | 2.1 | 2.4 | 1.4 |
Aug-12 | 2.1 | 2.0 | 2.4 | 1.2 |
Sep-12 | 2.2 | 2.1 | 2.5 | 1.2 |
Oct-12 | 2.2 | 1.9 | 2.5 | 1.3 |
Nov-12 | 2.2 | 2.1 | 2.5 | 1.4 |
Dec-12 | 2.3 | 2.2 | 2.6 | 1.5 |
Jan-13 | 2.3 | 2.2 | 2.6 | 1.5 |
Feb-13 | 2.4 | 2.3 | 2.5 | 1.5 |
Mar-13 | 2.4 | 2.4 | 2.5 | 1.5 |
Apr-13 | 2.3 | 2.4 | 2.5 | 1.4 |
May-13 | 2.5 | 2.4 | 2.4 | 1.4 |
Jun-13 | 2.6 | 2.4 | 2.3 | 1.3 |
Jul-13 | 2.6 | 2.4 | 2.4 | 1.4 |
Aug-13 | 2.6 | 2.5 | 2.4 | 1.5 |
Sep-13 | 2.5 | 2.5 | 2.4 | 1.5 |
Oct-13 | 2.4 | 2.6 | 2.5 | 1.4 |
Nov-13 | 2.3 | 2.5 | 2.5 | 1.4 |
Dec-13 | 2.2 | 2.5 | 2.5 | 1.4 |
Jan-14 | 2.2 | 2.4 | 2.5 | 1.6 |
Feb-14 | 2.1 | 2.3 | 2.6 | 1.8 |
Mar-14 | 2.1 | 2.3 | 2.6 | 1.9 |
Apr-14 | 2.1 | 2.3 | 2.5 | 2.0 |
May-14 | 2.1 | 2.3 | 2.6 | 2.0 |
Jun-14 | 2.0 | 2.4 | 2.6 | 2.1 |
Jul-14 | 2.0 | 2.4 | 2.6 | 2.1 |
Aug-14 | 2.0 | 2.4 | 2.5 | 2.1 |
Sep-14 | 2.1 | 2.5 | 2.6 | 2.2 |
Oct-14 | 2.2 | 2.6 | 2.6 | 2.4 |
Nov-14 | 2.3 | 2.7 | 2.6 | 2.5 |
Dec-14 | 2.3 | 2.7 | 2.6 | 2.6 |
Jan-15 | 2.3 | 2.9 | 2.6 | 2.7 |
Feb-15 | 2.5 | 2.9 | 2.6 | 2.6 |
Mar-15 | 2.6 | 3.0 | 2.6 | 2.8 |
Apr-15 | 2.7 | 3.1 | 2.8 | 2.9 |
May-15 | 2.7 | 3.2 | 2.7 | 3.2 |
Jun-15 | 2.8 | 3.1 | 2.9 | 3.3 |
Jul-15 | 2.9 | 3.0 | 2.9 | 3.6 |
Aug-15 | 2.9 | 3.1 | 3.0 | 3.6 |
Sep-15 | 2.9 | 3.0 | 3.1 | 3.5 |
Oct-15 | 3.0 | 3.0 | 3.0 | 3.6 |
Nov-15 | 3.1 | 3.0 | 3.1 | 3.5 |
Dec-15 | 3.2 | 3.0 | 3.1 | 3.5 |
Jan-16 | 3.1 | 3.0 | 3.2 | 3.4 |
Feb-16 | 3.1 | 3.1 | 3.2 | 3.5 |
Mar-16 | 3.1 | 3.0 | 3.2 | 3.5 |
Apr-16 | 3.0 | 3.0 | 3.2 | 3.6 |
May-16 | 3.1 | 3.0 | 3.4 | 3.6 |
Jun-16 | 3.0 | 3.0 | 3.4 | 3.7 |
Jul-16 | 3.1 | 3.0 | 3.3 | 3.7 |
Aug-16 | 3.2 | 3.1 | 3.4 | 3.8 |
Sep-16 | 3.1 | 3.2 | 3.6 | 4.0 |
Oct-16 | 3.1 | 3.3 | 3.6 | 4.1 |
Nov-16 | 3.1 | 3.3 | 3.6 | 4.1 |
Dec-16 | 3.1 | 3.3 | 3.5 | 4.2 |
Jan-17 | 3.2 | 3.2 | 3.5 | 4.2 |
Feb-17 | 3.2 | 3.2 | 3.5 | 4.1 |
Mar-17 | 3.3 | 3.2 | 3.5 | 4.3 |
Apr-17 | 3.3 | 3.3 | 3.4 | 4.2 |
May-17 | 3.3 | 3.3 | 3.3 | 4.1 |
Jun-17 | 3.4 | 3.2 | 3.3 | 3.9 |
Jul-17 | 3.4 | 3.3 | 3.2 | 4.0 |
Aug-17 | 3.3 | 3.4 | 3.2 | 4.1 |
Sep-17 | 3.3 | 3.4 | 2.9 | 4.0 |
Oct-17 | 3.2 | 3.3 | 2.9 | 3.9 |
Nov-17 | 3.2 | 3.2 | 3.0 | 3.8 |
Dec-17 | 3.3 | 3.1 | 3.0 | 3.7 |
Jan-18 | 3.2 | 3.3 | 3.0 | 3.7 |
Feb-18 | 3.1 | 3.1 | 3.0 | 3.8 |
Mar-18 | 3.1 | 3.1 | 3.1 | 3.8 |
Apr-18 | 3.0 | 3.0 | 3.1 | 3.8 |
May-18 | 3.0 | 3.0 | 3.1 | 3.8 |
Jun-18 | 3.0 | 3.1 | 3.0 | 4.0 |
Jul-18 | 2.9 | 3.1 | 3.0 | 4.0 |
Aug-18 | 2.8 | 3.1 | 3.0 | 4.0 |
Sep-18 | 2.8 | 3.0 | 3.1 | 4.1 |
Oct-18 | 3.0 | 3.0 | 3.1 | 4.2 |
Nov-18 | 3.1 | 3.2 | 3.0 | 4.3 |
Dec-18 | 3.0 | 3.3 | 3.1 | 4.4 |
Jan-19 | 3.0 | 3.3 | 3.1 | 4.5 |
Feb-19 | 3.1 | 3.4 | 3.0 | 4.5 |
Mar-19 | 3.0 | 3.5 | 3.0 | 4.4 |
Apr-19 | 3.1 | 3.6 | 3.1 | 4.4 |
May-19 | 3.1 | 3.6 | 3.2 | 4.4 |
Jun-19 | 3.1 | 3.6 | 3.3 | 4.5 |
Jul-19 | 3.2 | 3.7 | 3.3 | 4.5 |
Aug-19 | 3.2 | 3.6 | 3.4 | 4.4 |
Sep-19 | 3.2 | 3.7 | 3.5 | 4.5 |
Oct-19 | 3.0 | 3.7 | 3.5 | 4.4 |
Nov-19 | 2.9 | 3.6 | 3.5 | 4.5 |
Dec-19 | 3.0 | 3.5 | 3.5 | 4.6 |
Jan-20 | 3.1 | 3.5 | 3.5 | 4.7 |
Feb-20 | 3.1 | 3.5 | 3.7 | 4.7 |
Note: Three-month moving average of the median 12-month change in individual wages.
Source: Federal Reserve Bank of Atlanta.
Figure 5. Payroll Employment
Millions
Date | Payroll employment |
---|---|
Jan-07 | 137.48 |
Feb-07 | 137.56 |
Mar-07 | 137.79 |
Apr-07 | 137.84 |
May-07 | 137.99 |
Jun-07 | 138.07 |
Jul-07 | 138.04 |
Aug-07 | 138.02 |
Sep-07 | 138.10 |
Oct-07 | 138.17 |
Nov-07 | 138.28 |
Dec-07 | 138.39 |
Jan-08 | 138.40 |
Feb-08 | 138.32 |
Mar-08 | 138.28 |
Apr-08 | 138.04 |
May-08 | 137.86 |
Jun-08 | 137.69 |
Jul-08 | 137.49 |
Aug-08 | 137.21 |
Sep-08 | 136.75 |
Oct-08 | 136.27 |
Nov-08 | 135.55 |
Dec-08 | 134.84 |
Jan-09 | 134.06 |
Feb-09 | 133.31 |
Mar-09 | 132.51 |
Apr-09 | 131.82 |
May-09 | 131.48 |
Jun-09 | 131.01 |
Jul-09 | 130.67 |
Aug-09 | 130.49 |
Sep-09 | 130.24 |
Oct-09 | 130.05 |
Nov-09 | 130.06 |
Dec-09 | 129.79 |
Jan-10 | 129.79 |
Feb-10 | 129.70 |
Mar-10 | 129.88 |
Apr-10 | 130.11 |
May-10 | 130.65 |
Jun-10 | 130.51 |
Jul-10 | 130.43 |
Aug-10 | 130.42 |
Sep-10 | 130.36 |
Oct-10 | 130.63 |
Nov-10 | 130.75 |
Dec-10 | 130.82 |
Jan-11 | 130.84 |
Feb-11 | 131.05 |
Mar-11 | 131.29 |
Apr-11 | 131.60 |
May-11 | 131.70 |
Jun-11 | 131.94 |
Jul-11 | 132.00 |
Aug-11 | 132.13 |
Sep-11 | 132.36 |
Oct-11 | 132.56 |
Nov-11 | 132.69 |
Dec-11 | 132.90 |
Jan-12 | 133.25 |
Feb-12 | 133.51 |
Mar-12 | 133.75 |
Apr-12 | 133.83 |
May-12 | 133.93 |
Jun-12 | 134.01 |
Jul-12 | 134.16 |
Aug-12 | 134.33 |
Sep-12 | 134.52 |
Oct-12 | 134.68 |
Nov-12 | 134.83 |
Dec-12 | 135.07 |
Jan-13 | 135.26 |
Feb-13 | 135.54 |
Mar-13 | 135.68 |
Apr-13 | 135.87 |
May-13 | 136.09 |
Jun-13 | 136.27 |
Jul-13 | 136.39 |
Aug-13 | 136.63 |
Sep-13 | 136.82 |
Oct-13 | 137.04 |
Nov-13 | 137.30 |
Dec-13 | 137.37 |
Jan-14 | 137.55 |
Feb-14 | 137.71 |
Mar-14 | 137.97 |
Apr-14 | 138.29 |
May-14 | 138.51 |
Jun-14 | 138.84 |
Jul-14 | 139.07 |
Aug-14 | 139.26 |
Sep-14 | 139.57 |
Oct-14 | 139.82 |
Nov-14 | 140.11 |
Dec-14 | 140.38 |
Jan-15 | 140.57 |
Feb-15 | 140.84 |
Mar-15 | 140.91 |
Apr-15 | 141.19 |
May-15 | 141.53 |
Jun-15 | 141.70 |
Jul-15 | 142.00 |
Aug-15 | 142.13 |
Sep-15 | 142.28 |
Oct-15 | 142.59 |
Nov-15 | 142.82 |
Dec-15 | 143.10 |
Jan-16 | 143.17 |
Feb-16 | 143.43 |
Mar-16 | 143.66 |
Apr-16 | 143.85 |
May-16 | 143.89 |
Jun-16 | 144.16 |
Jul-16 | 144.51 |
Aug-16 | 144.65 |
Sep-16 | 144.92 |
Oct-16 | 145.06 |
Nov-16 | 145.21 |
Dec-16 | 145.44 |
Jan-17 | 145.63 |
Feb-17 | 145.82 |
Mar-17 | 145.94 |
Apr-17 | 146.14 |
May-17 | 146.30 |
Jun-17 | 146.51 |
Jul-17 | 146.73 |
Aug-17 | 146.91 |
Sep-17 | 146.93 |
Oct-17 | 147.20 |
Nov-17 | 147.42 |
Dec-17 | 147.55 |
Jan-18 | 147.67 |
Feb-18 | 148.08 |
Mar-18 | 148.25 |
Apr-18 | 148.39 |
May-18 | 148.67 |
Jun-18 | 148.89 |
Jul-18 | 149.02 |
Aug-18 | 149.27 |
Sep-18 | 149.35 |
Oct-18 | 149.55 |
Nov-18 | 149.68 |
Dec-18 | 149.87 |
Jan-19 | 150.13 |
Feb-19 | 150.14 |
Mar-19 | 150.28 |
Apr-19 | 150.49 |
May-19 | 150.58 |
Jun-19 | 150.76 |
Jul-19 | 150.95 |
Aug-19 | 151.16 |
Sep-19 | 151.37 |
Oct-19 | 151.55 |
Nov-19 | 151.81 |
Dec-19 | 152.00 |
Jan-20 | 152.21 |
Feb-20 | 152.46 |
Mar-20 | 151.09 |
Apr-20 | 130.30 |
May-20 | 133.03 |
Jun-20 | 137.81 |
Jul-20 | 139.57 |
Aug-20 | 141.06 |
Sep-20 | 141.77 |
Oct-20 | 142.43 |
Nov-20 | 142.76 |
Dec-20 | 142.62 |
Jan-21 | 142.88 |
Note: Red arrows indicate the peak-to-trough change in employment during the Great Recession and the decline in employment from February 2020 to January 2021.
Source: Bureau of Labor Statistics.
Figure 6. Official and Alternative Unemployment Rates
Percent
Date | Published unemployment | "+" misclassification error | "+" labor force decline since February |
---|---|---|---|
Feb-20 | 3.5 | 3.5 | 3.5 |
Mar-20 | 4.4 | 5.4 | 6.5 |
Apr-20 | 14.8 | 19.8 | 23.7 |
May-20 | 13.3 | 16.3 | 19.6 |
Jun-20 | 11.1 | 12.1 | 14.8 |
Jul-20 | 10.2 | 11.2 | 13.8 |
Aug-20 | 8.4 | 9.1 | 11.4 |
Sep-20 | 7.8 | 8.2 | 11.1 |
Oct-20 | 6.9 | 7.2 | 9.7 |
Nov-20 | 6.7 | 7.1 | 9.8 |
Dec-20 | 6.7 | 7.3 | 10 |
Source: Bureau of Labor Statistics; Board staff calculations.
Figure 7. Employment by Wage Quartile
Percent
Date | Bottom | Bottom-middle | Top-middle | Top |
---|---|---|---|---|
8-Feb-20 | 100 | 100 | 100 | 100 |
15-Feb-20 | 100 | 100 | 100 | 100 |
22-Feb-20 | 100 | 100 | 100 | 100 |
29-Feb-20 | 100 | 100 | 99 | 99 |
7-Mar-20 | 99 | 100 | 99 | 99 |
14-Mar-20 | 97 | 99 | 99 | 99 |
21-Mar-20 | 88 | 96 | 97 | 98 |
28-Mar-20 | 75 | 88 | 93 | 96 |
4-Apr-20 | 66 | 84 | 90 | 94 |
11-Apr-20 | 62 | 80 | 88 | 93 |
18-Apr-20 | 60 | 79 | 88 | 93 |
25-Apr-20 | 60 | 78 | 87 | 92 |
2-May-20 | 62 | 79 | 87 | 93 |
9-May-20 | 64 | 79 | 88 | 93 |
16-May-20 | 66 | 80 | 88 | 93 |
23-May-20 | 68 | 81 | 89 | 93 |
30-May-20 | 70 | 83 | 90 | 93 |
6-Jun-20 | 72 | 83 | 90 | 93 |
13-Jun-20 | 75 | 84 | 91 | 94 |
20-Jun-20 | 76 | 84 | 90 | 94 |
27-Jun-20 | 77 | 85 | 91 | 93 |
4-Jul-20 | 77 | 84 | 91 | 93 |
11-Jul-20 | 78 | 84 | 91 | 94 |
18-Jul-20 | 78 | 84 | 91 | 94 |
25-Jul-20 | 79 | 85 | 91 | 94 |
1-Aug-20 | 79 | 85 | 91 | 94 |
8-Aug-20 | 79 | 85 | 91 | 94 |
15-Aug-20 | 80 | 85 | 91 | 94 |
22-Aug-20 | 81 | 86 | 92 | 94 |
29-Aug-20 | 81 | 86 | 92 | 93 |
5-Sep-20 | 82 | 86 | 92 | 93 |
12-Sep-20 | 82 | 86 | 91 | 94 |
19-Sep-20 | 82 | 87 | 92 | 94 |
26-Sep-20 | 82 | 87 | 92 | 94 |
3-Oct-20 | 83 | 87 | 92 | 93 |
10-Oct-20 | 82 | 86 | 91 | 93 |
17-Oct-20 | 84 | 87 | 92 | 94 |
24-Oct-20 | 84 | 88 | 92 | 94 |
31-Oct-20 | 84 | 88 | 92 | 94 |
7-Nov-20 | 83 | 88 | 92 | 94 |
14-Nov-20 | 83 | 88 | 92 | 94 |
21-Nov-20 | 84 | 89 | 93 | 95 |
28-Nov-20 | 83 | 88 | 93 | 95 |
5-Dec-20 | 83 | 88 | 93 | 95 |
12-Dec-20 | 83 | 89 | 93 | 95 |
19-Dec-20 | 83 | 89 | 94 | 96 |
26-Dec-20 | 84 | 89 | 94 | 95 |
2-Jan-21 | 82 | 89 | 94 | 95 |
9-Jan-21 | 83 | 91 | 96 | 96 |
Note: Employment indexed to 100 as of Feb. 15, 2020. Wage quartiles are defined using the February 2020 wage distribution.
Source: Board staff calculations based on employment data from ADP, Inc.
Figure 8. Change in Unemployment Rate by Race/Ethnicity since February 2020
Percentage points
Date | White | Black | Asian | Hispanic |
---|---|---|---|---|
Feb-20 | 3.0 | 6.0 | 2.4 | 4.4 |
Mar-20 | 3.9 | 6.8 | 4.1 | 6 |
Apr-20 | 14.1 | 16.7 | 14.5 | 18.9 |
May-20 | 12.3 | 16.7 | 14.9 | 17.6 |
Jun-20 | 10.1 | 15.3 | 13.9 | 14.5 |
Jul-20 | 9.2 | 14.4 | 11.9 | 12.7 |
Aug-20 | 7.4 | 12.8 | 10.6 | 10.5 |
Sep-20 | 7.0 | 12.0 | 8.8 | 10.3 |
Oct-20 | 6.0 | 10.8 | 7.6 | 8.8 |
Nov-20 | 5.9 | 10.3 | 6.7 | 8.4 |
Dec-20 | 6.0 | 9.9 | 5.9 | 9.3 |
Source: Bureau of Labor Statistics.
Figure 9. Permanent and Temporary Layoffs
Percent
Date | Temporary | Permanent |
---|---|---|
Jan-07 | 0.67 | 1.05 |
Feb-07 | 0.68 | 1.07 |
Mar-07 | 0.56 | 1.05 |
Apr-07 | 0.66 | 1.07 |
May-07 | 0.63 | 1.11 |
Jun-07 | 0.58 | 1.15 |
Jul-07 | 0.67 | 1.22 |
Aug-07 | 0.63 | 1.24 |
Sep-07 | 0.60 | 1.24 |
Oct-07 | 0.68 | 1.23 |
Nov-07 | 0.64 | 1.24 |
Dec-07 | 0.63 | 1.31 |
Jan-08 | 0.69 | 1.30 |
Feb-08 | 0.65 | 1.34 |
Mar-08 | 0.70 | 1.40 |
Apr-08 | 0.72 | 1.39 |
May-08 | 0.69 | 1.46 |
Jun-08 | 0.71 | 1.54 |
Jul-08 | 0.70 | 1.64 |
Aug-08 | 0.81 | 1.76 |
Sep-08 | 0.87 | 1.90 |
Oct-08 | 0.86 | 2.18 |
Nov-08 | 0.92 | 2.40 |
Dec-08 | 0.97 | 2.57 |
Jan-09 | 0.97 | 3.03 |
Feb-09 | 0.98 | 3.30 |
Mar-09 | 1.05 | 3.61 |
Apr-09 | 1.09 | 3.84 |
May-09 | 1.16 | 4.01 |
Jun-09 | 1.11 | 4.13 |
Jul-09 | 1.11 | 4.13 |
Aug-09 | 1.07 | 4.25 |
Sep-09 | 1.23 | 4.33 |
Oct-09 | 1.09 | 4.40 |
Nov-09 | 0.99 | 4.43 |
Dec-09 | 0.98 | 4.37 |
Jan-10 | 0.95 | 4.19 |
Feb-10 | 1.02 | 4.36 |
Mar-10 | 1.08 | 4.24 |
Apr-10 | 0.90 | 4.28 |
May-10 | 0.95 | 4.18 |
Jun-10 | 0.88 | 4.16 |
Jul-10 | 0.78 | 4.19 |
Aug-10 | 0.94 | 4.10 |
Sep-10 | 0.87 | 4.12 |
Oct-10 | 0.83 | 3.99 |
Nov-10 | 0.94 | 4.18 |
Dec-10 | 0.89 | 3.87 |
Jan-11 | 0.80 | 3.81 |
Feb-11 | 0.85 | 3.71 |
Mar-11 | 0.81 | 3.71 |
Apr-11 | 0.84 | 3.63 |
May-11 | 0.81 | 3.68 |
Jun-11 | 0.77 | 3.63 |
Jul-11 | 0.77 | 3.63 |
Aug-11 | 0.77 | 3.53 |
Sep-11 | 0.78 | 3.50 |
Oct-11 | 0.81 | 3.40 |
Nov-11 | 0.77 | 3.29 |
Dec-11 | 0.80 | 3.27 |
Jan-12 | 0.83 | 3.07 |
Feb-12 | 0.75 | 3.03 |
Mar-12 | 0.74 | 2.99 |
Apr-12 | 0.72 | 2.92 |
May-12 | 0.74 | 2.93 |
Jun-12 | 0.80 | 2.94 |
Jul-12 | 0.87 | 2.87 |
Aug-12 | 0.75 | 2.85 |
Sep-12 | 0.76 | 2.76 |
Oct-12 | 0.70 | 2.73 |
Nov-12 | 0.70 | 2.68 |
Dec-12 | 0.72 | 2.65 |
Jan-13 | 0.77 | 2.65 |
Feb-13 | 0.70 | 2.63 |
Mar-13 | 0.72 | 2.51 |
Apr-13 | 0.77 | 2.51 |
May-13 | 0.64 | 2.44 |
Jun-13 | 0.74 | 2.40 |
Jul-13 | 0.75 | 2.31 |
Aug-13 | 0.65 | 2.39 |
Sep-13 | 0.72 | 2.26 |
Oct-13 | 1.02 | 2.28 |
Nov-13 | 0.71 | 2.22 |
Dec-13 | 0.65 | 2.10 |
Jan-14 | 0.66 | 2.11 |
Feb-14 | 0.65 | 2.07 |
Mar-14 | 0.67 | 2.06 |
Apr-14 | 0.68 | 1.95 |
May-14 | 0.68 | 1.87 |
Jun-14 | 0.63 | 1.79 |
Jul-14 | 0.62 | 1.70 |
Aug-14 | 0.70 | 1.67 |
Sep-14 | 0.60 | 1.68 |
Oct-14 | 0.57 | 1.60 |
Nov-14 | 0.66 | 1.58 |
Dec-14 | 0.61 | 1.53 |
Jan-15 | 0.58 | 1.49 |
Feb-15 | 0.65 | 1.41 |
Mar-15 | 0.65 | 1.39 |
Apr-15 | 0.64 | 1.42 |
May-15 | 0.72 | 1.42 |
Jun-15 | 0.65 | 1.37 |
Jul-15 | 0.61 | 1.40 |
Aug-15 | 0.60 | 1.35 |
Sep-15 | 0.59 | 1.36 |
Oct-15 | 0.63 | 1.35 |
Nov-15 | 0.57 | 1.38 |
Dec-15 | 0.58 | 1.30 |
Jan-16 | 0.53 | 1.17 |
Feb-16 | 0.60 | 1.22 |
Mar-16 | 0.58 | 1.30 |
Apr-16 | 0.56 | 1.34 |
May-16 | 0.58 | 1.28 |
Jun-16 | 0.71 | 1.20 |
Jul-16 | 0.61 | 1.27 |
Aug-16 | 0.62 | 1.22 |
Sep-16 | 0.66 | 1.22 |
Oct-16 | 0.64 | 1.18 |
Nov-16 | 0.55 | 1.21 |
Dec-16 | 0.64 | 1.18 |
Jan-17 | 0.66 | 1.23 |
Feb-17 | 0.61 | 1.27 |
Mar-17 | 0.59 | 1.13 |
Apr-17 | 0.59 | 1.16 |
May-17 | 0.53 | 1.12 |
Jun-17 | 0.58 | 1.10 |
Jul-17 | 0.64 | 1.04 |
Aug-17 | 0.64 | 1.08 |
Sep-17 | 0.58 | 1.07 |
Oct-17 | 0.57 | 1.04 |
Nov-17 | 0.59 | 0.98 |
Dec-17 | 0.58 | 1.02 |
Jan-18 | 0.54 | 1.01 |
Feb-18 | 0.52 | 1.07 |
Mar-18 | 0.51 | 1.01 |
Apr-18 | 0.54 | 0.91 |
May-18 | 0.49 | 0.91 |
Jun-18 | 0.59 | 0.91 |
Jul-18 | 0.54 | 0.88 |
Aug-18 | 0.54 | 0.79 |
Sep-18 | 0.53 | 0.74 |
Oct-18 | 0.53 | 0.82 |
Nov-18 | 0.52 | 0.81 |
Dec-18 | 0.46 | 0.88 |
Jan-19 | 0.59 | 0.88 |
Feb-19 | 0.47 | 0.82 |
Mar-19 | 0.52 | 0.87 |
Apr-19 | 0.45 | 0.83 |
May-19 | 0.53 | 0.81 |
Jun-19 | 0.52 | 0.83 |
Jul-19 | 0.51 | 0.82 |
Aug-19 | 0.51 | 0.81 |
Sep-19 | 0.47 | 0.75 |
Oct-19 | 0.50 | 0.75 |
Nov-19 | 0.48 | 0.86 |
Dec-19 | 0.48 | 0.81 |
Jan-20 | 0.39 | 0.79 |
Feb-20 | 0.46 | 0.79 |
Mar-20 | 1.26 | 0.93 |
Apr-20 | 11.53 | 1.30 |
May-20 | 9.67 | 1.46 |
Jun-20 | 6.64 | 1.79 |
Jul-20 | 5.77 | 1.78 |
Aug-20 | 3.84 | 2.07 |
Sep-20 | 2.89 | 2.29 |
Oct-20 | 2.01 | 2.25 |
Nov-20 | 1.72 | 2.32 |
Dec-20 | 1.89 | 2.10 |
Note: Number of individuals on permanent and temporary layoff as a percent of the labor force.
Source: Bureau of Labor Statistics.