Will US unemployment be 10% or more before 2030?
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"unemployment" refers to the monthly unemployment rate published by the US Bureau of Labor Statistics (BLS).
The monthly US unemployment rate has been 10% or more on three occasions since recording began: 2020 (14.7%), 2009 (10.0%), and 1982 (10.8%).
See data from BLS or St Louis Fed below:
Will the United States have an unemployment rate of 10% or more in any month before the end of this decade?
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Dario Amodei, when speaking with Axios, says AI may cause 10-20% unemployment spike in the next one to five years.
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