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Employment in the United States

The impact of the COVID-19 pandemic took a toll in the employment status of the United States. Focusing on 2020, the employment-population ratio dropped significantly to 57.4 percent, a 3.6 percentage points lesser than it had been in 2019. Similarly, the labor force participation rate declined to 61.5 percent, a 1.7 percentage points lower than the year before.
In the fourth quarter of 2020, there were 10.8 million unemployed individuals which was a rise of 4.9 million from 2019. Likewise, the unemployment rate also rose to an average of 6.7 percent which was nearly double to what it was the year earlier.

Source:
Bureau of Labor and Statistics: https://www.bls.gov/opub/mlr/2021/article/unemployment-rises-in-2020-as-the-country-battles-the-covid-19-pandemic.htm

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  • Overview of Government Structures
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  • Health Policy and Reform Legislation
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  • The US Healthcare Reimbursement System Summary
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  • Gross Domestic Product (GDP)
    • Global GDP World Map
    • Global GDP according to Region
    • United States (US) GDP per State
  • Why does healthcare cost so much?
  • Distribution of the National Health Expenditure
  • Population and Age Demographics
  • Employment in the United States
  • Income, Poverty, and Health Insurance
    • Income
    • Poverty
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