Over population in general is causing unemployment as we cannot keep up with growth. Shipping too many jobs overseas. Having too many immigrant workers here in the US does not help either.
The Official Unemployment rate (U-3) in US for August 2011 was 9.1.Below are the other unemployment rates in US for August 2011 :U-1 Unemployment rate : 5.4U-2 Unemployment rate : 5.3U-3 Unemployment rate : 9.1U-4 Unemployment rate : 9.7U-5 Unemployment rate : 10.6U-6 Unemployment rate : 16.2
As of October 2021, the unemployment rate in the US is around 4.6%, which is considered moderate. It has been decreasing since the peak in April 2020 due to the impact of the COVID-19 pandemic.
The US unemployment rate in 1944 was around 1.2%. This low rate was primarily due to the high demand for labor during World War II.
High unemployment generally leads to higher crime and more defaults on home loans.
The unemployment rate in the US in August, 2010 was 9.6%. See the Related Link below.
7.50%
Per the U.S. Department of Labor the unemployment rate in the U.S. in January 2011 was 9%
El Centro, California with an unemployment rate of almost 27%.
The unemployment rate in the US in 1928 was around 4.2%. This was before the Great Depression, and the economy was experiencing a period of growth and prosperity.
7.8%
7.9% (April 2010)
Bureau of Labor Statistics (BLS)