Unemployment rate
Measure Overview
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2024 U.S. Unemployment Rate Saw Increase for the First Time Since 2020, Differences Seen by Race/Ethnicity, by State
Knowing that unemployment affects health and health care access, we wanted to explore how unemployment has changed in 2024 using the updated data on State Health Compare. Keep reading to see how unemployment has changed over time as well as by state and by race/ethnicity.
What Is a “Countercyclical” Policy or Program? How Medicaid Protects People When the Economy Falters
In this blog, we define in plain language what a countercyclical program is and discuss the countercyclical aspects of Medicaid, a critical source of health insurance for millions of low-income individuals. We begin with a general look at what we mean when we say a countercyclical policy or program. Then, we move into an overview of Medicaid funding, including how state Medicaid programs are financed and the role of the federal government in Medicaid funding followed by examples of how Medicaid performed when unemployment rates rose during the three most recent U.S. economic recessions.
Unemployment Rate Trends of the Past 5 Years: Pre-, Mid-, and Post-Pandemic (State Health Compare Data Highlight)
Knowing that unemployment affects health and health care access, we wanted to understand how the pandemic could have affected unemployment rates. We also wanted to determine what progress has been made in recovery post-pandemic. To do this, SHADAC used State Health Compare tool to look at unemployment data pre- (2018-2019), mid- (2020), and post-pandemic (2021-2022).