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United States Unemployment Rate
Last Release
Jun 30, 2024
Actual
4.1
Units In
%
Previous
4
Frequency
Monthly
Next Release
Aug 02, 2024
Time to Release
25 Days 2 Hours
Highest | Lowest | Average | Date Range | Source |
14.7 Apr 2020 | 2.5 May 1953 | 5.69 % | 1948-2024 | U.S. Bureau of Labor Statistics |
In the United States, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Latest Updates
The unemployment rate in the United States rose to 4.1% in June 2024, the highest since November 2021, up from 4% in the previous month and surprising market expectations, which had forecasted the rate to remain unchanged. The number of unemployed individuals increased by 162,000 to 6.811 million, while employment levels increased by 116,000 to 161.199 million. Meanwhile, the labor force participation rate went up to 62.6% from 62.5%, and the employment-population ratio decreased to 60.1% from 60.2%.
United States Unemployment Rate History
Last 12 readings
