Tax rate on low wage earners - unemployment trap in United States of America
United States of America: 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 of America, 2001–2023
Source: Eurostat. Measured in Rate.
Analysis
The most recent figure for tax rate on low wage earners - unemployment trap in United States of America 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 of America peaked at 70.9 Rate in 2014 and was at its lowest, 59.7 Rate, in 2023.
United States of America ranks 40th 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 of America, 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% |
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 of America
- 38 Romania 61.86 Rate compare
- 39 Türkiye 61.2 Rate compare
- 40 United States 59.7 Rate compare
- 42 United Kingdom of Great Britain and Northern Ireland 57.8 Rate compare
- 42 United Kingdom 57.8 Rate compare
More work & labour data for United States of America
- 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)
- 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)
- Legislation on sexual harassment in employment 1 (1=yes; 0=no) (2023)
- Criminal sanctions or compensation for workplace sexual harassment 1 (1=yes; 0=no) (2023)
Frequently asked questions
- What is tax rate on low wage earners - unemployment trap in United States of America?
- Tax rate on low wage earners - unemployment trap in United States of America 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 of America?
- 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 of America?
- The lowest recorded value was 59.7 Rate in 2023.
- How does United States of America rank for tax rate on low wage earners - unemployment trap?
- United States of America ranks 40th out of 44 countries with data for 2023.
- Is tax rate on low wage earners - unemployment trap rising or falling in United States of America?
- 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 of America 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.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (Eurostat).