Tax rate on low wage earners - unemployment trap in United States
United States: Tax rate on low wage earners - unemployment trap was 59.7 Rate in 2023. ▼ Falling
Tax rate on low wage earners - unemployment trap in United States, 2001–2023
Source: Eurostat. Measured in Rate.
Analysis
The most recent figure for tax rate on low wage earners - unemployment trap in United States is 59.7 Rate, measured in 2023. That is the lowest value across all 23 years on record.
That represents a change of down 2.6% on the previous year and down 15.6% over ten years.
Over the whole period, tax rate on low wage earners - unemployment trap in United States peaked at 70.9 Rate in 2014 and was at its lowest, 59.7 Rate, in 2023.
United States ranks 39th of 44 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Tax rate on low wage earners - unemployment trap in United States, year by year
| Year | Rate | Change |
|---|---|---|
| 2001 | 70.8 Rate | — |
| 2002 | 70.7 Rate | -0.1% |
| 2003 | 70.4 Rate | -0.4% |
| 2004 | 70.5 Rate | +0.1% |
| 2005 | 70.4 Rate | -0.1% |
| 2006 | 70.4 Rate | +0.0% |
| 2007 | 70.5 Rate | +0.1% |
| 2008 | 70.7 Rate | +0.3% |
| 2009 | 69.4 Rate | -1.8% |
| 2010 | 69.5 Rate | +0.1% |
| 2011 | 68.9 Rate | -0.9% |
| 2012 | 68.8 Rate | -0.1% |
| 2013 | 70.7 Rate | +2.8% |
| 2014 | 70.9 Rate | +0.3% |
| 2015 | 70.7 Rate | -0.3% |
| 2016 | 70.8 Rate | +0.1% |
| 2017 | 70.4 Rate | -0.6% |
| 2018 | 67.7 Rate | -3.8% |
| 2019 | 66.5 Rate | -1.8% |
| 2020 | 64.5 Rate | -3.0% |
| 2021 | 65.5 Rate | +1.6% |
| 2022 | 61.3 Rate | -6.4% |
| 2023 | 59.7 Rate | -2.6% |
United States compared with similar countries
- United States's 59.7 Rate is below the median for high income countries, which is 76.12 Rate, 78% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 70.42 Rate | 69.4 Rate | 70.8 Rate | 9 |
| 2010s | 69.49 Rate | 66.5 Rate | 70.9 Rate | 10 |
| 2020s | 62.75 Rate | 59.7 Rate | 65.5 Rate | 4 |
Countries ranked near United States
- 36 Slovakia 64.32 Rate compare
- 37 Romania 61.38 Rate compare
- 38 Türkiye 61.2 Rate compare
- 39 United States 59.7 Rate compare
- 41 Greece 59.36 Rate compare
- 42 United Kingdom 57.8 Rate compare
- 42 United Kingdom 57.8 Rate compare
More work & labour data for United States
- Persons outside the labour force (ILO modelled estimates) 113,208 (2027)
- Labour force participation rate (ILO modelled estimates) 61.24 (2027)
- Labour force (ILO modelled estimates) 178,849 (2027)
- Unemployment rate (ILO modelled estimates) 4.4 (2027)
- Labour dependency ratio 1.05 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 159,991 (2027)
- Output per worker, GDP constant 2015 US $ 141,322 (2027)
- Employment-to-population ratio (ILO modelled estimates) 58.55 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.27 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.3372 % change on previous year (2027)
Frequently asked questions
- What is tax rate on low wage earners - unemployment trap in United States?
- Tax rate on low wage earners - unemployment trap in United States was 59.7 Rate in 2023, according to Eurostat.
- What is the highest tax rate on low wage earners - unemployment trap recorded in United States?
- The highest recorded value was 70.9 Rate in 2014.
- What is the lowest tax rate on low wage earners - unemployment trap recorded in United States?
- The lowest recorded value was 59.7 Rate in 2023.
- How does United States rank for tax rate on low wage earners - unemployment trap?
- United States ranks 39th out of 44 countries with data for 2023.
- Is tax rate on low wage earners - unemployment trap rising or falling in United States?
- Over the last ten years it is down 15.6%. The long-run trend across the full record is falling.
- Where does this United States data come from?
- The figures come from Eurostat, published as part of Tax rate on low wage earners - unemployment trap. Statizoid updates them automatically from the source API.
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