Unemployment Rate 2024 Usa Today. Us hiring picked up in november and the unemployment rate increased, pointing to a moderating labor market rather than one that’s significantly deteriorating. The unemployment rate historically has increased during or shortly after the start of a recession.
Last month’s job growth was far, far softer than expected, and the unemployment rate shot to its highest level since october 2021, according to new data released friday by the. 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.