Monday, January 6, 2025

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2025/7-9-percent-of-people-who-worked-or-looked-for-work-experienced-unemployment-in-2023.htm. Highlights are below.

7.9 percent of people who worked or looked for work experienced unemployment in 2023

01/06/2025

The work-experience unemployment rate (those looking for work during the year as a percentage of those who worked or looked for work during the year) increased by 0.3 percentage point to 7.9 percent in 2023. The rate reached an all-time low in 2022 at 7.6 percent, the lowest since publication began in 1958.

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