Cyclical unemployment is unemployment driven by the business or economic cycle. It can be important for investors to understand. Read on to learn more.

In November, Michigan’s unemployment rate decreased slightly to 5%. That is a drop of just 0.1% from September and means Michigan still has the fifth-highest unemployment of any state nationwide, according to data released by the U.S. Bureau of Labor Statistics.

Timothy McQuiston, Vermont Business Magazine Vermont initial weekly unemployment claims fell last week following the usual volatile labor activity at the end of holiday season. For the week ending January 3,

Montana’s unemployment rate rose to 3.3% in November, but the state has continued its record of over four consecutive years with unemployment at or below 3.4%.

Unemployment claims in Virginia rose sharply last week, highlighting persistent job market stress, especially in key industries like manufacturing and services.

A Maryland woman says she got a letter telling her she received unemployment and was overpaid, but there was a problem: She never applied for the benefits. Now, she's concerned about identity theft and proving she didn't apply for or get the money.

The Labor Department added 8,000 adjusted unemployment claims for the week ending Jan. 3, which totaled 208,000 -- the least since April 2024.

The U.S. labor market wrapped up the year with an unemployment rate of 4.4% in December, the BLS reported Tuesday. Economists had expected that unemployment dipped to 4.5% in December—a result that would likely prompt the Fed to keep rates steady at its Jan.