More than four years in a row (2009-2012) unemployment in the US exceeded 8%. After the unemployment rate reached its peak of 10% in October 2009, it decreased by 5 percentage points so far and stayed at 5% in March 2016. Unemployment in California, which accounts for about 13% of total US GDP, is 5.5%.
The US economy has extensive influence on global economic dynamics. Download our US Economy cheat sheet to stay up to date with easy access to the most critical data from leading sources.