Who has the lowest unemployment rate?

Who has the lowest unemployment rate?

Nebraska
At 1.9%, Nebraska Now Has the Lowest Unemployment Rate of Any State, Ever.

What is the highest US unemployment rate?

Unemployment Rate in the United States averaged 5.76 percent from 1948 until 2021, reaching an all time high of 14.80 percent in April of 2020 and a record low of 2.50 percent in May of 1953.

What race has the highest unemployment rate in the United States?

U.S. Table 2 shows the U.S. unemployment rate by race, gender, and age from June 2020 to June 2021. On average, Black teens ages 16 to 19 had the highest unemployment rate over the 13-month period, at 19.4%, while white men over 20 had the lowest, at 6.1%.

How long did 2008 recession last?

18
Great Recession/Duration (months)

What was the unemployment rate in Obama’s first year?

Unemployment — The unemployment rate was high when Obama took office — 7.8 percent — and it continued to get worse in his first year. It peaked at 10 percent in October 2009 and didn’t drop below 9 percent until two years after that. But slowly, and more or less steadily, the rate improved.

What was the unemployment rate in the United States in 2009?

It topped out at 10 percent in October 2009, hovering just below that level for the next year, before beginning a steady decline at the end of 2010 that has persisted into early-2016 and breaking through the 5 percent mark at the beginning of 2016. The first few years of Trump’s presidency saw steady, low unemployment.

How does Obama’s unemployment rate compare to Reagan and Reagan?

Obama’s experience is similar to that of Ronald Reagan — who presided over the second highest median jobless rate, 7.2 percent. In Reagan’s first term, unemployment peaked at 10.8 percent — higher than Obama’s 10 percent peak.

What is the current unemployment rate in the US?

Unemployment. At the end of Obama’s term, businesses are hiring and unemployment has fallen back to just 4.7% — a reflection of a healthy economy. However, labor force participation (a fancy way of referring to the percentage of working U.S. adults) is at its lowest level since the late 1970s.