The proportion of workers who worked full time, year round in 2018 was 70.4 percent, up 0.9 percentage points from the prior year.
The "work-experience unemployment rate"--defined as the number of persons unemployed at some time during the year as a proportion of the number of persons who worked or looked for work during the year--declined by 0.8 percentage point to 7.8 percent in 2018. This is the lowest rate in this series, which began in 1958.
About 2.2 million individuals looked for a job but did not work at all in 2018, compared with 2.4 million in 2017.
The number of persons who experienced some unemployment during 2018 declined by 1.3 million to
13.2 million.
Key things to note:
The proportion of workers who worked full time, year round in 2018 was 70.4 percent, up 0.9 percentage points from the prior year.
The "work-experience unemployment rate"--defined as the number of persons unemployed at some time during the year as a proportion of the number of persons who worked or looked for work during the year--declined by 0.8 percentage point to 7.8 percent in 2018. This is the lowest rate in this series, which began in 1958.
About 2.2 million individuals looked for a job but did not work at all in 2018, compared with 2.4 million in 2017.
The number of persons who experienced some unemployment during 2018 declined by 1.3 million to 13.2 million.