Commentary 26667 b
December, 2017 Data:
The annual US unemployment rate in December, 2017 was 3.90%. That's the
same as the November, 2017 rate, It is 0.60% percent lower than the
December, 2016 unemployment rate of 4.50%. The sideways movement in
unemployment rates from November to December indicates that the short term
employment trend has been flat. If that trend continues, we should see an
unemployment rate in January, 2018 that is close to 3.90%.
The National Unemployment Rate one year ago was 4.50%. The average rate
over the last year was 4.35%. The average rate over the last 10 years was
6.99%. Lower 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 down. Unemployment rate expectations should be
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 5.79%. 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 December of 2017 are low relative to
the historical 5.79% average.
This page provides a five year chart 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.
Data Source: U.S. Bureau of Labor Statistics
SignalTrend Inc. 2008 - 2018; All rights reserved.
|US National Unemployment rate - 60 Year Graph
|USA Unemployment Rate Graph
The above graph shows monthly USA National Unemployment rate. Measurement is in Percent (not
seasonally adjusted). For the forecast and other links related to this economic indicator, click the
links below. Updated Monday, January 22, 2018.
Current Unemployment Rate News: