U.S. Unemployment Rate • Chart of the Day

Unemployment Rate

U.S. Unemployment Rate • Chart of the Day

 The Commonwealth’s unemployment rate was two-tenths of a percentage point above the December 2023 level of 3.4 percent, while the national rate was up three-tenths of a percentage point over the year. Pennsylvania’s civilian labor force – the estimated number of residents working or looking for work – was down 17,000 over the month to ...  Employers added 256,000 jobs in the final month of 2024 and the unemployment rate ticked down to 4.1%. The final jobs report of 2024 showed that the economy and hiring were able to grow at a solid pace even with interest rates much higher than they were before the pandemic.  The unemployment rate is the percentage of the labor force without a job. It is a lagging indicator and generally rises or falls with changing economic conditions.  Note: Rates shown are a percentage of the labor force. Data refer to place of residence. Estimates for the current month are subject to revision the following month. Last Modified Date: January 28, 2025.  View data of the unemployment rate, or the number of people 16 and over actively searching for a job as a percentage of the total labor force.

 Employers added 256,000 jobs in the final month of 2024 and the unemployment rate ticked down to 4.1%. The final jobs report of 2024 showed that the economy and hiring were able to grow at a solid pace even with interest rates much higher than they were before the pandemic.  The Commonwealth’s unemployment rate was two-tenths of a percentage point above the December 2023 level of 3.4 percent, while the national rate was up three-tenths of a percentage point over the year. Pennsylvania’s civilian labor force – the estimated number of residents working or looking for work – was down 17,000 over the month to ...

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