Are You Unemployed?
A note of encouragement from the Editor:
After my son turned sixteen, I told him it was time to get a job. It was summer
and jobs were hard to find. The unemployment rate was about 6% at the time.
But the unemployment rate for teenagers was 19.5%! The summer is the
hardest time of the year for a teenager to find a job. The kids who held the jobs
during the school year want more hours, since school is out and they have
more time on their hands. There is also an increase in applications from the
students who didn't work during the school year but want a summer job. The
outlook for a first time summer job was dismal. On a Monday, I told my 16
year old to apply for ten jobs every day until he got one. He said he couldn't
come up with ten places to apply.
He applied for ten jobs per day for five days. He received a job on...
Click Here for the rest of the story.
A note of encouragement from the Editor:
After my son turned sixteen, I told him it was time to get a job. It was summer
and jobs were hard to find. The unemployment rate was about 6% at the time.
But the unemployment rate for teenagers was 19.5%! The summer is the
hardest time of the year for a teenager to find a job. The kids who held the jobs
during the school year want more hours, since school is out and they have
more time on their hands. There is also an increase in applications from the
students who didn't work during the school year but want a summer job. The
outlook for a first time summer job was dismal. On a Monday, I told my 16
year old to apply for ten jobs every day until he got one. He said he couldn't
come up with ten places to apply.
He applied for ten jobs per day for five days. He received a job on...
Click Here for the rest of the story.
Commentary 12189
March, 2013 Data:
The forecast for the US unemployment rate is in the table at the top of this
page. Forecast-Chart.com is forecasting that National Unemployment Rates will
be roughly 7.83% over the next year. The table shows a HDTFA of 1.36% which
suggests that US unemployment for the 12 months ending April, 2014 could
easily fall between 9.19% and 6.48%. Links to Forecasts for many other
economic indicators may be found by clicking the Economic Forecast link at the
top of this page.
Annual Unemployment Rates
Last Month 7.6%
Last Year . . . . . . . . . . . . . . . . . . . . 7.9%
Last 5 Years 8.5%
Last 10 Years . . . . . . . . . . . . . . . . . 6.8%
Last 20 Years 6.0%
Historical Unemployment Rate: Highs & Lows
High (Last 12 Months) 8.6% (July, 2012)
Low (Last 12 Months) 7.4% (November, 2012)
High (Since January, 1948) 10.8% (November, 1982)
Low (Since January, 1948) 2.5% (May, 1953)
The annual US unemployment rate in March, 2013 was 7.60%. That's 0.50%
percent lower than the February, 2013 unemployment rate of 8.10%. It is 0.80%
percent lower than the March, 2012 unemployment rate of 8.40%. The fall in
unemployment rates from February to March indicates that the short term
unemployment rate trend has been down. If that trend continues, we should see
an unemployment rate in April, 2013 that is close to 7.10%.
The National Unemployment Rate one year ago was 8.40%. The average rate
over the last year was 7.93%. The average rate over the last 10 years was
6.79%. Higher rates over the last 12 months compared to the average rates
over the last 10 years serve as an indicator that the long term trend in the US
unemployment rate is up. Unemployment rate expectations should be adjusted
accordingly.
Forecast-Chart.com's historical research covers US unemployment rate data
back to January, 1948. The average annual unemployment rate during that
period of history was 5.81%. The highest rate was 10.80%. The lowest rate was
2.50%. The high was attained in November of 1982. The low was achieved in
May of 1953. Recent rates experienced in March of 2013 are high relative to
the historical 5.81% average.
This page provides a five year chart and a twelve month forecast for US
unemployment rates. For links to more information on US unemployment rates,
look at the links under the five year chart (above). One link opens a ten year
chart. Another opens a sixty year graph of the National Unemployment Rate.
UNEMPLOYMENT RATES BY AGE AND SEX
(Not Seasonally Adjusted)
Unemployment Rates: Males 20 Years & Over
2012-04 7.4%
2012-05 7.5%
2012-06 7.5%
2012-07 7.4%
2012-08 7.2%
2012-09 6.9%
2012-10 6.8%
2012-11 6.8%
2012-12 7.3%
2013-01 8.4%
2013-02 7.9%
2013-03 7.5%
Unemployment Rates: Females 20 Years & Over
2012-04 6.9%
2012-05 7.1%
2012-06 7.6%
2012-07 8.2%
2012-08 7.9%
2012-09 7.1%
2012-10 7.1%
2012-11 6.7%
2012-12 6.9%
2013-01 7.4%
2013-02 7.0%
2013-03 6.7%
Unemployment Rates: Teenagers (16-19)
2012-04 23.2%
2012-05 24.4%
2012-06 26.5%
2012-07 24.5%
2012-08 24.0%
2012-09 23.8%
2012-10 23.5%
2012-11 23.0%
2012-12 22.0%
2013-01 24.2%
2013-02 25.1%
2013-03 23.3%
Unemployment Rates: Total U. S.
2012-04 7.7%
2012-05 7.9%
2012-06 8.4%
2012-07 8.6%
2012-08 8.2%
2012-09 7.6%
2012-10 7.5%
2012-11 7.4%
2012-12 7.6%
2013-01 8.5%
2013-02 8.1%
2013-03 7.6%
UNEMPLOYMENT RATES: States in ALPHABETICAL ORDER
March, 2012, Seasonally Adjusted
7.2% Alabama
6.2% Alaska
7.9% Arizona
7.2% Arkansas
9.4% California
7.1% Colorado
8.0% Connecticut
7.3% Delaware
8.5% District Of Columbia
7.5% Florida
8.4% Georgia
5.1% Hawaii
6.2% Idaho
9.5% Illinois
8.7% Indiana
4.9% Iowa
5.6% Kansas
8.0% Kentucky
6.2% Louisiana
7.1% Maine
6.6% Maryland
6.4% Massachusetts
8.5% Michigan
5.4% Minnesota
9.4% Mississippi
6.7% Missouri
5.6% Montana
3.8% Nebraska
9.7% Nevada
5.7% New Hampshire
9.0% New Jersey
6.9% New Mexico
8.2% New York
9.2% North Carolina
3.3% North Dakota
7.1% Ohio
5.0% Oklahoma
8.2% Oregon
7.9% Pennsylvania
9.1% Rhode Island
8.4% South Carolina
4.3% South Dakota
7.9% Tennessee
6.4% Texas
4.9% Utah
4.1% Vermont
5.3% Virginia
7.3% Washington
7.0% West Virginia
7.1% Wisconsin
4.9% Wyoming
STATE UNEMPLOYMENT RATES: Lowest to Highest
March, 2012, Seasonally Adjusted
3.3% North Dakota
3.8% Nebraska
4.1% Vermont
4.3% South Dakota
4.9% Iowa
4.9% Utah
4.9% Wyoming
5.0% Oklahoma
5.1% Hawaii
5.3% Virginia
5.4% Minnesota
5.6% Kansas
5.6% Montana
5.7% New Hampshire
6.2% Alaska
6.2% Idaho
6.2% Louisiana
6.4% Massachusetts
6.4% Texas
6.6% Maryland
6.7% Missouri
6.9% New Mexico
7.0% West Virginia
7.1% Colorado
7.1% Maine
7.1% Ohio
7.1% Wisconsin
7.2% Alabama
7.2% Arkansas
7.3% Delaware
7.3% Washington
7.5% Florida
7.9% Arizona
7.9% Pennsylvania
7.9% Tennessee
8.0% Connecticut
8.0% Kentucky
8.2% New York
8.2% Oregon
8.4% Georgia
8.4% South Carolina
8.5% District Of Columbia
8.5% Michigan
8.7% Indiana
9.0% New Jersey
9.1% Rhode Island
9.2% North Carolina
9.4% California
9.4% Mississippi
9.5% Illinois
9.7% Nevada
March, 2013 Data:
The forecast for the US unemployment rate is in the table at the top of this
page. Forecast-Chart.com is forecasting that National Unemployment Rates will
be roughly 7.83% over the next year. The table shows a HDTFA of 1.36% which
suggests that US unemployment for the 12 months ending April, 2014 could
easily fall between 9.19% and 6.48%. Links to Forecasts for many other
economic indicators may be found by clicking the Economic Forecast link at the
top of this page.
Annual Unemployment Rates
Last Month 7.6%
Last Year . . . . . . . . . . . . . . . . . . . . 7.9%
Last 5 Years 8.5%
Last 10 Years . . . . . . . . . . . . . . . . . 6.8%
Last 20 Years 6.0%
Historical Unemployment Rate: Highs & Lows
High (Last 12 Months) 8.6% (July, 2012)
Low (Last 12 Months) 7.4% (November, 2012)
High (Since January, 1948) 10.8% (November, 1982)
Low (Since January, 1948) 2.5% (May, 1953)
The annual US unemployment rate in March, 2013 was 7.60%. That's 0.50%
percent lower than the February, 2013 unemployment rate of 8.10%. It is 0.80%
percent lower than the March, 2012 unemployment rate of 8.40%. The fall in
unemployment rates from February to March indicates that the short term
unemployment rate trend has been down. If that trend continues, we should see
an unemployment rate in April, 2013 that is close to 7.10%.
The National Unemployment Rate one year ago was 8.40%. The average rate
over the last year was 7.93%. The average rate over the last 10 years was
6.79%. Higher rates over the last 12 months compared to the average rates
over the last 10 years serve as an indicator that the long term trend in the US
unemployment rate is up. Unemployment rate expectations should be adjusted
accordingly.
Forecast-Chart.com's historical research covers US unemployment rate data
back to January, 1948. The average annual unemployment rate during that
period of history was 5.81%. The highest rate was 10.80%. The lowest rate was
2.50%. The high was attained in November of 1982. The low was achieved in
May of 1953. Recent rates experienced in March of 2013 are high relative to
the historical 5.81% average.
This page provides a five year chart and a twelve month forecast for US
unemployment rates. For links to more information on US unemployment rates,
look at the links under the five year chart (above). One link opens a ten year
chart. Another opens a sixty year graph of the National Unemployment Rate.
UNEMPLOYMENT RATES BY AGE AND SEX
(Not Seasonally Adjusted)
Unemployment Rates: Males 20 Years & Over
2012-04 7.4%
2012-05 7.5%
2012-06 7.5%
2012-07 7.4%
2012-08 7.2%
2012-09 6.9%
2012-10 6.8%
2012-11 6.8%
2012-12 7.3%
2013-01 8.4%
2013-02 7.9%
2013-03 7.5%
Unemployment Rates: Females 20 Years & Over
2012-04 6.9%
2012-05 7.1%
2012-06 7.6%
2012-07 8.2%
2012-08 7.9%
2012-09 7.1%
2012-10 7.1%
2012-11 6.7%
2012-12 6.9%
2013-01 7.4%
2013-02 7.0%
2013-03 6.7%
Unemployment Rates: Teenagers (16-19)
2012-04 23.2%
2012-05 24.4%
2012-06 26.5%
2012-07 24.5%
2012-08 24.0%
2012-09 23.8%
2012-10 23.5%
2012-11 23.0%
2012-12 22.0%
2013-01 24.2%
2013-02 25.1%
2013-03 23.3%
Unemployment Rates: Total U. S.
2012-04 7.7%
2012-05 7.9%
2012-06 8.4%
2012-07 8.6%
2012-08 8.2%
2012-09 7.6%
2012-10 7.5%
2012-11 7.4%
2012-12 7.6%
2013-01 8.5%
2013-02 8.1%
2013-03 7.6%
UNEMPLOYMENT RATES: States in ALPHABETICAL ORDER
March, 2012, Seasonally Adjusted
7.2% Alabama
6.2% Alaska
7.9% Arizona
7.2% Arkansas
9.4% California
7.1% Colorado
8.0% Connecticut
7.3% Delaware
8.5% District Of Columbia
7.5% Florida
8.4% Georgia
5.1% Hawaii
6.2% Idaho
9.5% Illinois
8.7% Indiana
4.9% Iowa
5.6% Kansas
8.0% Kentucky
6.2% Louisiana
7.1% Maine
6.6% Maryland
6.4% Massachusetts
8.5% Michigan
5.4% Minnesota
9.4% Mississippi
6.7% Missouri
5.6% Montana
3.8% Nebraska
9.7% Nevada
5.7% New Hampshire
9.0% New Jersey
6.9% New Mexico
8.2% New York
9.2% North Carolina
3.3% North Dakota
7.1% Ohio
5.0% Oklahoma
8.2% Oregon
7.9% Pennsylvania
9.1% Rhode Island
8.4% South Carolina
4.3% South Dakota
7.9% Tennessee
6.4% Texas
4.9% Utah
4.1% Vermont
5.3% Virginia
7.3% Washington
7.0% West Virginia
7.1% Wisconsin
4.9% Wyoming
STATE UNEMPLOYMENT RATES: Lowest to Highest
March, 2012, Seasonally Adjusted
3.3% North Dakota
3.8% Nebraska
4.1% Vermont
4.3% South Dakota
4.9% Iowa
4.9% Utah
4.9% Wyoming
5.0% Oklahoma
5.1% Hawaii
5.3% Virginia
5.4% Minnesota
5.6% Kansas
5.6% Montana
5.7% New Hampshire
6.2% Alaska
6.2% Idaho
6.2% Louisiana
6.4% Massachusetts
6.4% Texas
6.6% Maryland
6.7% Missouri
6.9% New Mexico
7.0% West Virginia
7.1% Colorado
7.1% Maine
7.1% Ohio
7.1% Wisconsin
7.2% Alabama
7.2% Arkansas
7.3% Delaware
7.3% Washington
7.5% Florida
7.9% Arizona
7.9% Pennsylvania
7.9% Tennessee
8.0% Connecticut
8.0% Kentucky
8.2% New York
8.2% Oregon
8.4% Georgia
8.4% South Carolina
8.5% District Of Columbia
8.5% Michigan
8.7% Indiana
9.0% New Jersey
9.1% Rhode Island
9.2% North Carolina
9.4% California
9.4% Mississippi
9.5% Illinois
9.7% Nevada
Monthly US National Unemployment rate is plotted in gray. The forecast for the target month is shown
in green. Other links related to this economic indicator are below.
in green. Other links related to this economic indicator are below.
| US National Unemployment rate - 5 Year History |
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| US Unemployment Rate Forecast |
| 4% |
| 5% |
| 8% |
| US Unemployment Rate Forecast Money Saving Tips for Families |
| 11% |
| 10% |
| 7% |
| 6% |
| 9% |
| 12% |
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