U.S. Bureau of Labor Statistics Reports 14.7 Million Unemployed in 2024

According to the U.S. Bureau of Labor Statistics, 14.7 million people experienced some unemployment during 2024, a rise of 978,000 from 2023. In the same year, 174.6 million people worked at some point, up 2.6 million. The work‑experience unemployment rate climbed 0.4 percentage point to 8.3 percent, with men at 8.7 percent and women at 7.8 percent. Both groups saw the same 0.4‑point increase. Racial and ethnic differences were also noted: Asian workers had a 6.7 percent rate, White workers 7.6 percent, Black workers 11.7 percent, and Hispanic or Latino workers 9.8 percent, with Black and White rates increasing over the year. These figures come from the Current Population Survey.

Source: Bureau of Labor Statistics (BLS).
Materials reproduced from www.bls.gov.
No endorsement by BLS is implied.

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