The Unemployment Rate is a measure of the percentage of people in the workforce without jobs. It is not a perfect measure, but it is the best we have. The unemployment rate has been falling since 2010, but it is still high by historical standards.There are two main reasons for this. First, there are still more job seekers than there are jobs available. Second, many workers who lost their jobs during the recession have given up looking for work and are no longer counted as unemployed.The falling unemployment rate is good news, but there is still a long way to go before everyone who wants a job can find one.