Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
293,621
edits
Changes
Jump to navigation
Jump to search
Line 4:
Line 4: − + − +
update
----
----
{{clear}}
{{clear}}
[[File:United-States-Unemployment-Rate-Chart-000003.png|450px|left|thumb]]
[[File:Recovery Summer Unemployment.JPG|450px|right|thumb|United States Unemployment after Presidnet 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 trending upward, reaching 10.0% in January 2010. Unemployment normally peaks a few months after the economy reached bottom and starts going up again.
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.
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 [http://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 [http://www.bls.gov/cps/cps_htgm.htm Bureau of Labor Statistics]</ref>