What is the unemployment rate in the US ?

The US unemployment rate as of May 2021 is 5.8% according to the Bureau of Labor and Statistic’s report. 5.8% is about 9.2 million people, which is a huge number. The rate now is significantly lower than a year before, when in May 2020 the rate was 13%. So it is safe to say that there is a positive tendency for decreasing the number of unemployed people. Yet, the current percent is still higher than the pre-pandemic one (3.5% in February 2020).

Generally, the tendency for the US unemployment rate looks pretty good. It has been decreasing in the year 2021 compared to the previous year. As for today, there are 5.8% of unemployed people in the US (9.3 million), which is a big number. But it is still much lower than in May of 2020 when the rate was about 13%. So the number of citizens looking for a job dropped but it hasn’t reached the pre-COVID-19 levels when the rate was only 3.5%.

At the beginning of June the Bureau of Labor and Statistics published a report on the US unemployment rate. As for May this year, it is 5.8% - which is about 9.3 million people. It is still not as low as pre-pandemic when the rate was about 3.5% (as for February 2020). But the overall tendency is very good, as the rate has dropped significantly in comparison to 2020. In May of last year, the rate was 13%.