In news that is bound to be of concern to the in-coming Trump administration, the national unemployment was 9.1% in this month’s Rasmussen Reports Real Unemployment update, up a full point from 8.1% last month and significantly more than double the 4.2% rate
officially reported by the Bureau of Labor Statistics last week.
The Rasmussen Real Unemployment rate is derived by asking American Adults who they work for. Those who respond “unemployed, but looking for work” are aggregated at the end of the month and weighted to match the nation’s demographic profile.
The survey of 9,322 American Adults was conducted November 1-30, 2024 by Rasmussen Reports. The margin of sampling error is +/- 1 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
Americans between the ages 18 and 39 are the most unemployed, at 12.5%, down from 13.7% last month. Nine percent (9%) of Americans aged 40-64 identify as unemployed, as do 3% of Americans over 65.
By age and gender, women under 40 are most unemployed, with a 14% rate. Men over 40 are least unemployed, at only 7%.
In addition to the unemployed, 10.2% of Americans identify as “not in the workforce,” bringing the combined total of not retired, but not working, Americans to 19.4%.
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