Fluctuations in the unemployment rates over the past 50 years can best be explained by The cycles of economic recessions and expansions.
With a few exceptions, the unemployment rate for the previous month is published on the first Friday of every month. The most recent and earlier versions of the report are accessible on the website of the Bureau of Labor Statistics (BLS).
Users can construct tables that contain any of the aforementioned labor market indicators for a specific time frame and download them.
The official and most frequently reported national unemployment rate in the United States is the U-3, which is published by the BLS as part of its monthly employment situation report.
It describes unemployed people as those who want to work, are available to do so, and have actively looked for employment over the past four weeks.
To learn more about Bureau of Labor Statistics (BLS) here
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