Official unemployment rate and over-the-year unemployment rate, 2000–2013
| Year | Official unemployment rate | Over-the-year unemployment rate | Over-the-year unemployment rate |
|---|---|---|---|
| 2000 | 4.0% | 8.6% | |
| 2001 | 4.7% | 10.4% | |
| 2002 | 5.8% | 11.0% | |
| 2003 | 6.0% | 10.7% | |
| 2004 | 5.5% | 9.7% | |
| 2005 | 5.1% | 9.3% | |
| 2006 | 4.6% | 9.1% | |
| 2007 | 4.6% | 9.5% | |
| 2008 | 5.8% | 13.2% | |
| 2009 | 9.3% | 16.4% | |
| 2010 | 9.6% | 15.9% | |
| 2011 | 8.9% | 14.9% | |
| 2012 | 8.1% | 13.9% | 13.9% |
| 2013 | 7.4% | 12.7% |
Note: Shaded areas denote recessions. The 2013 unemployment rate is based on the Jan. 2013–Nov. 2013 monthly unemployment rates. The over-the-year unemployment rate is the share of workers who experienced unemployment at some point during the year. The over-the-year unemployment rate in 2013 is the 2013 unemployment rate times the ratio of the 2012 over-the-year unemployment rate to the 2012 unemployment rate.
Source: Author's analysis of Current Population Survey public data series and Bureau of Labor Statistics Work Experience of the Population (various years)
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