| | [[File:Recovery Summer Unemployment.JPG|450px|right|thumb|United States Unemployment after President Obama's [[American Recovery and Reinvestment Act of 2009|economic stimulus]] was passed. ]] | | [[File:Recovery Summer Unemployment.JPG|450px|right|thumb|United States Unemployment after President Obama's [[American Recovery and Reinvestment Act of 2009|economic stimulus]] was passed. ]] |
| − | After reaching a low of 4.1% in October, 2006, the U.S. unemployment rate has been moving upward, reaching 10.0% in January 2010. By May 2017, under the [[Trump Administration]], unemployment was back down to 4.4%, but wages remain stagnant. | + | After reaching a low of 4.1% in October, 2006, the U.S. unemployment rate moved upward, reaching 10.0% in January 2010. By May 2017, under the [[Trump Administration]], unemployment was back down to 4.4%, but wages remain stagnant. By May 3, 2019, the unemployment rate had fallen to only 3.6%, its lowest rate since wartime December 1969. |
| | Weekly estimates of unemployment use the number of persons filing new claims for unemployment insurance (UI) benefits. Much more accurate data is based on large scale interview surveys, and is reported on the first Friday of the following month. Since 1940 the monthly Current Population Survey (CPS) has been used.<ref>See [https://www.bls.gov/cps/cps_htgm.htm Bureau of Labor Statistics]</ref> | | Weekly estimates of unemployment use the number of persons filing new claims for unemployment insurance (UI) benefits. Much more accurate data is based on large scale interview surveys, and is reported on the first Friday of the following month. Since 1940 the monthly Current Population Survey (CPS) has been used.<ref>See [https://www.bls.gov/cps/cps_htgm.htm Bureau of Labor Statistics]</ref> |