Unemployment rate increase 2025. 8 percentage point).

Unemployment rate increase 2025. Learn how changes impact payroll costs, compliance, and budgeting, and get actionable tips to prepare. Feb 6, 2025 · Between 2023 and 2024, Michigan’s annual rate increase of 0. Jan 1, 2025 · Economists at Vanguard predict the unemployment rate will rise to 4. 30 percent in August from 4. The national unemployment rate increased to 4. 7% for six consecutive months and continues to track below the national average, according to data from the Tennessee Department of Labor and Workforce Development (TDLWD). Seventeen states and the District had jobless rate increases from a year earlier, 9 states had decreases, and 24 states had little change. 0 percent and 8 areas had rates of at least 8. The largest rate increase occurred in Cleveland, Ohio (+0. The probability that the unemployment rate Apr 18, 2025 · That is a decrease of 1,455 people from the February estimate and an increase of 12,450 from the March 2024 estimate. , had one of the highest unemployment rates in the country at 5. 3 Sep 24, 2025 · Beginning in October 2025, New York will substantially increase the maximum weekly unemployment benefit. Unemployment rates up in 32 large metro areas, down in 21, over year ended July 2025 (09/04/2025) 18 percent of private workers who participated in medical care plans had one plan network in 2024 (09/03/2025) 64. 1% Apr 4, 2025 · The unemployment rate was 4. Aug 1, 2025 · The Labor Department's closely watched employment report on Friday also showed the unemployment rate rose to 4. 0%. 5 percent, in 2025. Apr 14, 2025 · The unemployment rate has risen over half a percentage point since the second quarter of 2023. This news release presents statistics from two monthly surveys. 3 percent in 2028. From December to January, most county unemployment rates followed their normal seasonal pattern and increased. 5 percent in 2024 and by 2. May 15, 2025 · New York’s unemployment rate remained 4. May 23, 2025 · Unemployment benefit amounts in NY are usually adjusted once a year, typically in October when the new benefit year begins. 5% by year-end, 2025 (source: Economic Policy Institute Forecast). 5% in Q4 2025 and drop to 4. Bureau of Labor Statistics reported today. Aug 19, 2025 · The BLS writes: Unemployment rates were lower in July in 2 states, higher in 1 state, and stable in 47 states and the District of Columbia, the U. Mar 19, 2025 · Summary of Economic Projections In conjunction with the Federal Open Market Committee (FOMC) meeting held on March 18–19, 2025, meeting participants submitted their projections of the most likely outcomes for real gross domestic product (GDP) growth, the unemployment rate, and inflation for each year from 2025 to 2027 and over the longer run. The April unemployment and job estimates will be released on May 16, 2025. Labor market resilience has shored up Sep 4, 2025 · Of the 56 metropolitan areas with a 2020 Census population of 1 million or more, 32 large areas had unemployment rate increases from July 2024 to July 2025, 21 had decreases, and 3 had no change. 12/26/24. C. 1% from 4. Employment receded by 11,000 over the month, while unemployment rose by 8,000, resulting in a workforce Mar 14, 2025 · The seasonally adjusted unemployment rate in Texas registered at 4. 1% in August 2025 from July 2025. Rates are calculated using methods prescribed by the U. Aug 15, 2025 · A slight downward revision to the path for the unemployment rate accompanies the outlook for growth. 0 percent, the U. 3%, confirming that labor market conditions were softening and sealing the case for a Dec 23, 2024 · Stay ahead of 2025 SUI taxable wage base updates. 2 percent but was 0. Feb 15, 2025 · Washington, D. In the new year, the maximum weekly benefit rate for Unemployment Insurance claims will increase to $875, from $854. 4 percentage points. 1, registered employers who are current with their filings to UIA will be taxed on a smaller portion of the wages they pay to employees, called a taxable wage base. 7 percent by the end of 2024 before falling slightly, to 4. A low but slightly rising unemployment rate suggests that while job opportunities are available, external factors such as inflation, interest rates, and Federal Reserve policies are influencing employment trends. Feb 20, 2025 · The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the labor market remained on solid ground in February. 1 percentage point increase from a year before. Inflation fell from a high peak two and a half years ago, though it remains above the Federal Reserve’s 2% target. In the new year, the maximum weekly benefit rate for unemployment insurance claims will increase to $875, up from $854. 4%. Growth in renewable energy, infrastructure development, and digital services is expected to sustain this momentum. 8 percentage point). 4% in 2025, the highest level since October 2021. 3 percent over the same period. 3 percent in the fourth quarter of 2025. 2% last month as household employment declined. This page provides the latest reported value for - United States Unemployment Rate - plus Dec 17, 2024 · Each of these changes to maximum benefit rates and taxable wage base will take effect on January 1, 2025. 6 percentage points tied with six states as the ninth largest gain in the U. The unemployment rate, at 4. Jun 18, 2025 · OLYMPIA - Washington’s economy increased by an estimated 400 jobs (seasonally adjusted) in May 2025, and the monthly unemployment rate increased slightly to 4. 1% jobless rate, where it stood in February. A job gain in health care was partially offset by losses in federal government and in mining, quarrying, and oil and May 23, 2025 · When does unemployment pay increase in New York - NYS Department of Labor benefit rates I'm currently receiving $320 per week in unemployment benefits and wondering when does unemployment pay increase? My neighbor mentioned something about annual adjustments but I can't find clear info on the NYS Department of Labor website. 248%, respectively. More precise data show the rate rose to 4. May 9, 2025 · The new legislation, which is part of the FY26 Enacted Budget, will pay off the Federal Unemployment Insurance debt, increase the maximum benefit rate for workers who have lost their job, and 1 day ago · New York’s maximum weekly unemployment insurance benefit increase goes into effect next week, raising from $504 to $869, state officials reminded residents Wednesday. THE EMPLOYMENT SITUATION — AUGUST 2025 Total nonfarm payroll employment changed little in August (+22,000) and has shown little change since April, the U. 5% range in Q4 2025. The largest rate decline occurred in Chicago-Naperville-Elgin, Illinois-Indiana (−1. 5 percent 1 day ago · Starting next week, more than half the jobless individuals in New York State — including about 6,000 on Long Island — will see an increase in their weekly unemployment insurance check. 0 Hover over chart to view data. The elimination of the state’s long-standing federal debt from the unemployment insurance trust fund made the move possible. unemployment rate ended the year at 4. Jul 2, 2025 · The site includes a 2025 Tax Guide intended to assist employers in identifying potential risks associated with increases in SUI tax costs from 2024 to 2025 (e. Apr 4, 2025 · The unemployment rate, which is calculated from a separate survey, rose from 4. At an unemployment rate of around 6. unemployment rate ticked up to 4. Month over month, Arizona’s SA labor force increased by 3,894 individuals, or 0. 2 percent, according to the Current Population survey. The national unemployment rate was unchanged at 4. Jun 23, 2025 · The first ALFRED graph, above, shows the unemployment rate projections for the fourth quarters of 2025, 2026, and 2027. For 2024, the max was $504 per week. 3% in August, as reported on Sept. , the over-the-year change in employment, and the monthly employment change by sector. 8%, but lower than the January 2025 U. 1% to 4. 0 16. Jan 2, 2025 · County jobless rates up over month and year Sixty-nine Michigan counties demonstrated unemployment rate gains over the month, with a median increase of 0. NYS Department of Labor hasn't announced the 2025 rates yet, but they usually publish those around Mar 26, 2025 · FOR IMMEDIATE RELEASE – March 26, 2025 OLYMPIA – Washington’s economy decreased by an estimated 7,200 jobs (seasonally adjusted) in February 2025, and the monthly unemployment rate increased slightly to 4. Currently the FOMC is projecting the unemployment rate will increase to the 4. The rise in August’s reading is primarily explained by two factors: An increase in the number of people not previously in the labor force who began looking for work last month, and fewer unemployed workers finding jobs. 2 percent reported by the Bureau of Labor Statistics (BLS). The unemployment rate is projected to be an annual average of 4. Twenty-four states and the District had jobless rate increases from a year earlier, 4 states had decreases, and 22 states had little change. On an annual-average basis, the 3 days ago · The New York State Department of Labor released preliminary unemployment rates for August 2025. 7 million people had been unemployed for 27 weeks or more, an increase of 179,000 from the previous month. For the first time in over a decade, Michigan unemployment benefits are increasing. SA unemployment rate increased to 4. 3 May 14, 2025 · South Africa’s workforce contracted in the first quarter of 2025, as unemployment continued to climb, heightening economic concerns. 56% Increase in unemployment claims in 2025 compared to last year: 11. Over-the-year, the state’s seasonally adjusted unemployment rate was up by 0. 5 percentage points each). THE EMPLOYMENT SITUATION — JANUARY 2025 Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4. In 2024, all 17 Michigan labor market areas recorded annual average unemployment rate increases, with a median advance of 0. For more information about the concepts and statistical methodology used in these two surveys, see Aug 1, 2025 · The line chart shows the unemployment rate in the U. Jul 2, 2025 · The current unemployment landscape across various US cities in 2025 is showing significant variations, necessitating a comprehensive analysis to understand the broader economic implications. One dominant factor appears to be a fall in the job-finding rate—the share of unemployed individuals finding employment. The establishment survey measures nonfarm employment, hours, and earnings by industry. Dec 17, 2024 · Increases to the maximum benefit rates and the taxable wage base, which is the level of employee wages that are subject to contributions under that law, take effect on Jan. Sep 5, 2025 · U. May 3, 2025 · Current Employment Rate In February 2025 the BLS issued massive adjustments that created a sea of red in the Employment levels, erasing millions of supposed jobs in 2023 and 2024, while January’s numbers actually increased slightly. That initial slowdown in economic growth drives up unemployment. “With more than 187,000 jobs added over the year, Texas’ continued growth shows the strength of the Texas economy,” said TWC Chairman Bryan Daniel. 324% from 4. 2% this year, she said, with the labor market improving despite the slowdown in growth, because some temporary factors that have 1 day ago · New York State has increased the maximum size of its weekly unemployment benefits for the first time in six years, to $869 from $504. Sep 19, 2025 · Unemployment rates were higher in August in 3 states, lower in 2 states, and stable in 45 states and the District of Columbia, the U. 2% in April 2025 as the state added 14,400 private sector jobs and saw labor force growth. About 4. Oct 15, 2024 · The U. Confidence in the job market and the economy has fallen. 3 percentage points. Individual survey data underlying the unemployment rate can help in assessing which labor market transitions account for this rise. Aug 1, 2025 · Unemployment Rate in the United States increased to 4. 7% in November 2023. 2 million, a 237,000 increase from 2024’s final quarter. Michigan unemployment benefits are going up for the first time since 2011. Apr 20, 2025 · Colorado had one of the highest unemployment rate increases from March 2024 to March 2025, according to a new monthly report from the U. The unemployment rate was forecast to rise to 4. After 2023, growth accelerates as monetary policy eases. The unemployment rate is the percentage of people in the labor force who are actively looking for work but not currently employed. 3 percent as of August 2025 according to the latest Bureau of Labor Statistics data. 5 percent in 2026 before falling to 4. 2%, the Bureau of Labor Statistics said Friday. 0 percent, the 90-percent confidence interval for the monthly change in unemployment as measured by the household survey is about +/- 300,000, and for the monthly change in the unemployment rate it is about +/- 0. These changes reflect efforts to maintain the solvency of the Unemployment Insurance (UI) Trust Fund while responding to economic conditions and employer feedback. Among the 170. 0 6. Jun 6, 2025 · Nonfarm payrolls were expected to increase 125,000 in May while the unemployment rate stayed at 4. 3%. 5%. Jan 15, 2025 · Projections for 2025 suggest that unemployment rates will stabilize further and may settle in around 4. The U. While many factors remain in flux–including the Federal Reserve’s decision-making on interest rates–recent trends and proposed policies of the new administration could point to a tightening labor supply. That's a 0. The unemployment rate surprisingly increased to 4. A small downward revision to the path for the unemployment rate accompanies the outlook for growth. Seventeen states and the District had jobless rate increases from a year earlier, 5 states had decreases, and 28 states had little change. It will jump from $504 to $869. 1 percent, the U. STATE EMPLOYMENT AND UNEMPLOYMENT — AUGUST 2025 Unemployment rates were higher in August in 3 states, lower in 2 states, and stable in 45 states and the District of Columbia, the U. 0 percent in December, according to data released today by the Michigan Department of Technology, Management & Budget. Year over year, the SA labor force increased by 50,234 individuals, or 1. Apr 4, 2025 · Nonfarm payrolls were expected to grow by 140,000 in March while the unemployment rate would hold steady at 4. Job gains occurred in state government and health care. Real GDP increases by 1. 6 percentage points. 0 12. 4% by 2027. unemployment rate will dip to a 4. The UI Fund has a projected deficit of $21. 2% in April 2025. Dec 11, 2024 · Most Michigan businesses will pay less in unemployment insurance taxes in 2025, the Michigan Unemployment Insurance Agency (UIA) announced today. What will the unemployment rate be in December 2025? Jun 17, 2025 · The unemployment rate held at 4. 47% Jul 3, 2025 · Nonfarm payrolls were expected to increase 110,000 in June. 2% in July. For The median unemployment rate will rise to 4. A job gain in health care was partially offset by losses in federal government and in mining, quarrying, and oil and gas extraction. Job gains occurred in health care, retail trade, and social assistance. Apr 4, 2025 · The US economy added 228,000 jobs in March, exceeding the forecast. 2% to 4. All 83 Michigan counties exhibited unemployment rate increases since November 2023. Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4. ). . 0 8. Jan 23, 2025 · Annual average jobless rate increases over year LANSING, Mich. 2 percent of the population worked at some point in 2023 (09/02/2025) Get the most recent unemployment rate for Minnesota and the U. As noted in the January 2025 employment report, high-profile layoffs in the private and public sectors likely won’t show up until the March and April 2025 employment reports Feb 14, 2025 · A small downward revision to the path for the unemployment rate accompanies the outlook for growth. Bureau of Labor Statistics (BLS) reported today. Sep 5, 2025 · Nonfarm payrolls were expected to increase by 75,000 in August while the unemployment rate edged up tp 4. 2 percent in May 2025 and has remained in a narrow range of 4. unemployment rate of 4. Dec 2, 2024 · Looking ahead to 2025, labor force participation may continue to play a vital role in determining the unemployment rate. Mar 18, 2025 · Wyoming’s unemployment rate is considerably higher than its January 2024 level of 2. 3) Unemployment Rate: The unemployment rate was at 4. Job growth steady but uneven; key sectors expand while long-term joblessness rises. 3 percent 1 and California’s nonfarm payroll jobs 2 increased by 17,700 jobs in May 2025, according to the latest Employment Development Department (EDD) data that comes from two separate surveys. 0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates until June. 2 percentage point. The unemployment rate reaches 4. The household survey measures labor force status, including unemployment, by demographic characteristics. 1% rate in 2025 from 4. Note: Shaded area represents recession, as determined by the National Bureau of Feb 27, 2025 · Unemployment claims rise to 242,000, the highest in 3 months Updated on: February 27, 2025 / 11:03 AM EST / CBS/AP Apr 18, 2025 · The Massachusetts unemployment rate was 0. 2% in 2025—what it means for workers, industries, and where the job market may be headed next. 2 percent in 2025 and 4. 50 percent in May of 1953. This rate, calculated by the Bureau of Labor Statistics through monthly surveys Jul 3, 2025 · The US economy added a stronger-than-expected 147,000 jobs in June and the unemployment rate fell to 4. – Michigan’s seasonally adjusted jobless rate rose by two-tenths of a percentage point over the month to 5. 0 percentage point. Sep 5, 2025 · The U. Dec 26, 2024 · Michian Governor signs bills to increase benefits for the unemployed, and extends those benefits to six months. Unemployment Rate in the United States averaged 5. A job gain in health care was partially offset by losses in federal government and in mining, quarrying, and oil and Sep 13, 2025 · The unemployment rate in the US 2025 has experienced a gradual upward trend throughout the year, reaching 4. Apr 14, 2025 · Consumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March, according to a New York Fed survey. 3% in 2025, according to new estimates from the Federal Reserve’s latest Summary of Economic Projections. 1 percent. 8 percent a year earlier. 3% in August 2025. Seven other areas had rate increases of at least 1. 4 percent in 2027, and 4. ” Economists at Vanguard predict the unemployment rate will rise to 4. The forecasters predict the unemployment rate will increase from 4. 0% Fast-shifting trade policy looms over labor market Apr 4, 2025 · The US economy added a stronger-than-expected 228,000 jobs in March, a significant increase from February’s revised gains of 117,000, according to Bureau of Labor Statistics data released Friday. 2 percent since May 2024. For more detailed information, including data tables, view the full release. labor force, 7. Read now! Feb 7, 2025 · US job growth slowed more than expected in January, but a 4. 4 percent in 2025. Mar 27, 2025 · NASHVILLE – Tennessee’s statewide unemployment rate has remained steady at 3. 1%, the Black rate remained unchanged at 6. “The Washington economy picked up 400 jobs in May – a slight increase following three consecutive months of net job losses. 1 day ago · New York State raised the weekly maximum unemployment insurance benefit rate to $869. Effective Jan. May 8, 2025 · March 2025 Over-the-Year Percentage Point Change in Unemployment Rate, Not Seasonally Adjusted Source: Current Population Survey, Bureau of Labor Statistics; Local Area Unemployment Statistics, Bureau of Labor Statistics; Michigan Center for Data and Analytics Michigan MSAs ranked in top ten percent nationwide for unemployment rate increases. 2 percent in the fourth quarter, up from 3. 3% in August from 4. 9% unemployment rate–1% higher than last […] The unemployment rate, at 4. 3 percent, also changed little in August. In the previous survey, the unemployment rate was forecast to rise from 4. The State’s area unemployment rates rely in part on the results of the Current Population Survey, which contacts approximately 2,800 households in New York State Jun 18, 2025 · Summary of Economic Projections In conjunction with the Federal Open Market Committee (FOMC) meeting held on June 17-18, 2025, meeting participants submitted their projections of the most likely outcomes for real gross domestic product (GDP) growth, the unemployment rate, and inflation for each year from 2025 to 2027 and over the longer run. 90 percent in April of 2020 and a record low of 2. With the debt finally repaid, benefit levels that had been frozen for more than a decade 1 day ago · Weekly unemployment insurance benefits set to increase The maximum unemployment insurance benefit rate from $504 per week to $869 per week beginning, now that the state has paid off its unemployment trust fund debt. The national unemployment Mar 11, 2025 · Explore the March 2025 labor market trends, including employment gains, rising unemployment, wage dynamics, and the challenges posed by economic uncertainty. Governor Gretchen Whitmer signed six bills this week to extend unemployment Percent Civilian unemployment rate, seasonally adjusted Click and drag within the chart to zoom in on time periods Total Men, 20 years and over Women, 20 years and over 16 to 19 years old White Black or African American Asian Hispanic or Latino 2. That is slightly higher than the forecast Sep 30, 2025 · While the overall unemployment rate fell to 4. g. 2 percent to 4. 2%, to 8,471,700 in April 2025. NYS Private Sector Employment Increases by 14,400 Jobs in April 2025 Statewide Unemployment Rate Holds Steady According to preliminary seasonally adjusted figures released today by the New York State Department of Labor, the number of private sector jobs in New York State increased over the month by 14,400, or 0. Jun 20, 2025 · SACRAMENTO — California’s unemployment rate remained at 5. 20 percent in July of 2025. May’s job increase follows an upward-revised job gain of 23,100 for April 2025. A total of 77 metropolitan areas had unemployment rates of less than 3. The economy is entering 2025 in good shape. In general, estimates involving many individuals or establishments have lower May 13, 2025 · In April 2025, 1. 1 percent by the end of 2023 and 4. It's a common way to measure the health of the job market and economy. 2 percentage points above the national rate of 4. As of May 2025, the national unemployment rate stands at 4. 2%. 2 million were unemployed in May 2025. 2 days ago · OKLAHOMA CITY – The latest unemployment rate in Oklahoma was pegged at 3. May 2, 2025 · The line chart shows the unemployment rate in the U. Apr 3, 2025 · The median estimate for the unemployment rate for the month of March 2025 is 4. Sep 5, 2025 · September 2025 Unemployment rate increases in the first half of 2024, before leveling off, while the labor force participation rate holds fairly steady In 2024, the U. Jun 2, 2025 · Unemployment rates were higher in April 2025 than a year earlier in 286 of the 387 metropolitan areas, lower in 72 areas, and unchanged in 29 areas. 0 14. 0 4. 1%. 1 percent this quarter to 4. Dec 19, 2024 · Minnesota employers will see changes to state unemployment tax rates in 2025, following adjustments by the Department of Employment and Economic Development (DEED). from January 2021 through July 2025. This translates to a 32. 5% as of December 2024, surpassed only by Nevada, according to the Bureau of Labor Statistics. 1% for four consecutive months, May through August. from January 2021 through April 2025. This duration of joblessness is considered long-term unemployment. 0 percent. Federal government continued to lose jobs. 69. In comparison, the national unemployment rate was 4. The maximum rate for unemployed workers had been frozen at $504 for years due to $7 billion in unemployment insurance debt the Mar 7, 2025 · Nonfarm payrolls increase 151,000 in February Federal government employment declines 10,000 Unemployment rate rises to 4. The largest over-the-year unemployment rate increases in July occurred in Brownsville- Harlingen, TX, and Eagle Pass, TX (+1. Most recent values are shown by the gold bar. Persistently weak hiring May 16, 2025 · The US unemployment rate sits at 4. 9 percent, while the labor force participation rate, at 62. job growth weakened sharply in August and the unemployment rate increased to nearly a four-year high of 4. May 2025 Area Unemployment Rates The New York State Department of Labor today released preliminary local area unemployment rates for May 2025. 2%, representing a 0. The state’s seasonally adjusted unemployment rate decreased from 4. The median FOMC participant projects that the unemployment rate will average 4. , changes in minimum and maximum SUI tax rates, changes in wage bases, etc. “Our commitment to a skilled workforce is essential to the state’s continued economic success. THE EMPLOYMENT SITUATION — AUGUST 2025 Total nonfarm payroll employment changed little in August (+22,000) and has shown little change since April, the U. 2% in July 2025. Before the pandemic, unemployment that high was last seen in 2017. May 7, 2025 · US unemployment holds at 4. 1. 9 billion at the end of 2024. 0 10. 5 million people in the U. 2% in November, up from 3. According to Statistics South Africa’s latest Quarterly Labour Force Survey (QLFS), the number of unemployed persons rose to 8. The maximum weekly benefit amount is tied to the state average weekly wage, so it can go up or down depending on economic conditions. The employment–population ratio edged down to 59. THE EMPLOYMENT SITUATION — JULY 2025 This news release presents statistics from two monthly surveys. 1% and the Black/white unemployment ratio was 1. 2 Feb 21, 2025 · What the Current Unemployment Rate Tells Us The unemployment rate serves as a critical indicator of economic health. Sep 18, 2025 · The Arizona seasonally adjusted (SA) unemployment rate remained at 4. S. 0 percentage point). 0 percent to 4. Unemployment rates were higher in May in 3 states, lower in 2 states, and stable in 45 states and the District of Columbia, the U. 2 percentage point increase from May 2024. 2% last month, slightly higher than forecasts of a 4. The chart below shows the projected quarterly UI Fund balance through 2026. Jan 1, 2025 · Here is a review of the Ten Economic Questions for 2024. Image courtesy of the Michgan Capitol. Bureau of Labor Statistics. The duration of unemployment has also The projected deficit has increased from the May 2024 forecast primarily due to increases in benefits paid and decreases in contributions, along with an increase in the forecasted unemployment rate. 3% in August 2025 from 4. 67 percent from 1948 until 2025, reaching an all time high of 14. 19. Employment declined in the mining, quarrying, and oil and gas extraction industry. Sep 5, 2025 · Unemployment claims per 100,000 people in the workforce: 198 Week-over-week increase in unemployment claims: 3. 0lmu nb 5wbwgm s15xpmm qvno8ofjg abfr5uj bljh u3mxbtqs qcwv57x uo0kag