Some charts show what has happened since the unemployment rate bottomed in April of 2023.
 

Unemployment rate by age group, data from BLS, chart by Mish
 

The unemployment rate bottomed at 3.4 percent in April of 2023. Young adults have borne all of the increase in the unemployment rate since then.

Unemployment Rate by Age Group – June 2025

• Overall: 4.3 percent
• Age 16-19: 13.9 percent
• Age 20-24: 9.2 percent
• Age 25-34: 4.4 percent
• Age 35-44: 3.5 percent
• Age 45-54: 2.9 percent
• Age 55+: 2.9 percent

Unemployment Rate by Race
 

Unemployment rate by race, data from BLS, chart by Mish
 

Unemployment Rate by Age Group – June 2025

• Overall: 4.3 percent
• White: 3.7 percent
• Black: 7.5 percent
• Hispanic: 5.3 percent

Unemployment Rate vs April 2023
 

Unemployment rate April 2023 vs the low in August 2025
 

Change in Unemployment Rate by Age Group
 

Change in Unemployment Rate Since April 2023

• Overall: 0.9 percent
• Age 16-19: 4.5 percent
• Age 20-24: 3.7 percent
• Age 25-34: 0.5 percent
• Age 35-44: 0.5 percent
• Age 45-54: 0.5 percent
• Age 55+: 0.5 percent
• Black: 2.7 percent
• White: 0.6 percent
• Hispanic 0.9 percent

Unemployment Synopsis

Those aged 16-24 and blacks have borne the brunt of the rise in the unemployment rate since it bottomed at 3.4 percent in April of 2023.

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