Fact checked by Vikki Velasquez It's commonly known that interest rates are indirectly related to unemployment. High interest rates can dampen economic activity and reduce employment, while low rates ...

Pre And Post Coronavirus Unemployment Rates By State, Industry, Age Group, And Race. ByMike Patton, ... which saw unemployment rise from 4.2% to 15.1% during the same period.

The new jobs report show the first impacts of the outbreak on the labor market. The coronavirus pandemic has quickly evolved from a health crisis to a financial one, shuttering businesses ...

California’s unemployment rate rose to 15.5 percent in April as the economy shut down to contain the coronavirus. The news could put pressure on Gov. Gavin Newsom to end the lockdown order.

During the Great Depression, the unemployment rate peaked at 24.9% in 1933, according to BLS. Back then, only annual data was recorded. It will get worse before it gets better ...

The U.S. Latino population has seen the highest rate of job loss so far in the coronavirus recession. This phenomenon underscores persisting social inequalities that make minorities more ...

In January 2020, before the effects of the COVID-19 pandemic were felt in the U.S., Chicago's unemployment rate was just 3.5%. Over the months since, the city has shed nearly half a million jobs.

Average Unemployment Rate: 4.80%. During President Joe Biden's term from January 2021 to January 2025, ... The economy recovered all the jobs lost during COVID-19 in just 29 months, ...

U.S. unemployment rate fell to 13.3% and the economy gained 2.5 million jobs in May.

Coronavirus could mean 20% unemployment rate without government action: Mnuchin Rate could near levels seen during the Great Depression if the government does not intervene, Treasury secretary says ...

Colorado ranks nearly dead last when comparing which state's unemployment rates are bouncing back most during the COVID-19 crisis, according to a new WalletHub study released Tuesday.