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Unemployment rate fell sharply between 2020 and 2021: Unemployment rate, 2018–2022
| Unemployment Rate | |
|---|---|
| 2018 | 3.9% |
| 2019 | 3.7% |
| 2020 | 8.1% |
| 2021 | 5.3% |
| 2022 | 3.7% |
Note: Data for 2022 includes the first eight months (January 2022–August 2022).
Source: EPI analysis of Bureau of Labor Statistics Current Population Survey public data series LN04000000.
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