United States Unemployment Rate

Price

Price

4.1 %

Change +/-

-0.1 %

Percentage Change

-2.38 %

The current value of the Unemployment Rate in United States is 4.1 %. The Unemployment Rate in United States decreased to 4.1 % on 7/1/2026, after it was 4.2 % on 6/1/2026. From 1/1/1948 to 7/1/2026, the average GDP in United States was 5.66 %. The all-time high was reached on 4/1/2020 with 14.80 %, while the lowest value was recorded on 5/1/1953 with 2.50 %.

Source: U.S. Bureau of Labor Statistics

The current value of Unemployment Rate in United States is 4.1%. Unemployment Rate in United States decreased to 4.1% from 4.2%.Unemployment Rate in United States averaged 5.66% from 1/1/1948 until 7/1/2026.The all-time high was 14.80% (4/1/2020)and the record low was 2.50% (5/1/1953).

Unemployment Rate

Unemployment Rate

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Unemployment Rate
Date
Unemployment Rate
Dec 1, 2025
4.40 %
Jan 1, 2026
4.30 %
Feb 1, 2026
4.40 %
Mar 1, 2026
4.30 %
Apr 1, 2026
4.30 %
May 1, 2026
4.30 %
Jun 1, 2026
4.20 %
Jul 1, 2026
4.10 %
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Unemployment Rate History

Unemployment Rate — History
DateValue
4.1 %
4.2 %
4.3 %
4.3 %
4.3 %
4.4 %
4.3 %
4.4 %
4.5 %
4.4 %
...

Similar Macro Indicators to Unemployment Rate

ADP Employment Change

Monthly

Current
44,000
Previous
95,000

Announcements of Hiring Plans

Monthly

Current
16,095 Persons
Previous
10,933 Persons

Average Hourly Earnings

Monthly

Current
0.1 %
Previous
0.3 %

Average Hourly Earnings YoY

Monthly

Current
3.2 %
Previous
3.4 %

Average Weekly Hours

Monthly

Current
34.3 Hours
Previous
34.3 Hours

Cancellation rate

Monthly

Current
2 %
Previous
2 %

Challenger Job Cuts

Monthly

Current
33,429 Persons
Previous
45,849 Persons

Continued Jobless Claims

frequency_weekly

Current
1.78 M
Previous
1.8 M

Employed persons

Monthly

Current
162.18 M
Previous
162.26 M

Employment Cost Index

Quarter

Current
0.9 %
Previous
0.9 %

Employment Cost Index Benefits

Quarter

Current
1 %
Previous
1.2 %

Employment Cost Index Wages

Quarter

Current
0.9 %
Previous
0.8 %

Employment rate

Monthly

Current
58.9 %
Previous
59 %

Full-time employment

Monthly

Current
133.55 M
Previous
133.66 M

Initial Jobless Claims

frequency_weekly

Current
209,000
Previous
200,000

Job Opportunities

Monthly

Current
7.36 M
Previous
7.54 M

Job Opportunities

Monthly

Current
7.14 M
Previous
7.5 M

Job resignations

Monthly

Current
3.23 M
Previous
3.15 M

Labor costs

Quarter

Current
123.78 points
Previous
123.22 points

Labor force participation rate

Monthly

Current
61.4 %
Previous
61.5 %

Layoffs and Terminations

Monthly

Current
1.77 M
Previous
1.76 M

Long-term unemployment rate

Monthly

Current
1.05 %
Previous
1.14 %

Manufacturing wages

Monthly

Current
5,000
Previous
11,000

Minimum Wages

Annually

Current
7.25 USD/Hour
Previous
7.25 USD/Hour

Non-Agricultural Productivity QoQ

Quarter

Current
1.4 %
Previous
0.8 %

Non-farm Payrolls

Monthly

Current
-23,000
Previous
20,000

Nonfarm Private Employment

Monthly

Current
30,000
Previous
30,000

Part-time work

Monthly

Current
28.76 M
Previous
28.63 M

Population

Annually

Current
342.28 M
Previous
340.97 M

Productivity

Quarter

Current
120.02 points
Previous
119.59 points

Retirement Age Men

Annually

Current
67 Years
Previous
66.83 Years

Retirement Age Women

Annually

Current
67 Years
Previous
66.83 Years

State payroll accounting

Monthly

Current
-53,000
Previous
-10,000

U6 Unemployment Rate

Monthly

Current
7.9 %
Previous
7.9 %

Unemployed Persons

Monthly

Current
6.92 M
Previous
7.09 M

Unemployment Claims 4-Week Average

frequency_weekly

Current
199,000
Previous
199,000

Unit Labor Costs QoQ

Quarter

Current
1.3 %
Previous
1.3 %

Wage Growth

Monthly

Current
4.25 %
Previous
3.99 %

Wages

Monthly

Current
32.4 USD/Hour
Previous
32.36 USD/Hour

Wages in Manufacturing

Monthly

Current
30.35 USD/Hour
Previous
30.32 USD/Hour

Youth Unemployment Rate

Monthly

Current
8.5 %
Previous
9.2 %

Unemployment Rate

In the United States, the unemployment rate quantifies the proportion of individuals actively seeking employment relative to the total labor force.

What is Unemployment Rate?

The unemployment rate is a crucial macroeconomic indicator that gauges the health and efficiency of an economy. At Eulerpool, we prioritize delivering comprehensive and accurate macroeconomic data, and understanding the unemployment rate's role within an economy is essential for our users. Here, we delve into what the unemployment rate signifies, how it is measured, its implications, and the nuanced factors that influence it. The unemployment rate is a measure indicating the percentage of the labor force that is unemployed and actively seeking employment. This metric is not merely a static number but a dynamic one that reflects economic health, labor market conditions, and broader social trends. By tracking the unemployment rate over time, analysts can assess economic performance, forecast future trends, and develop strategies to address labor market challenges. To understand the unemployment rate, one must first define the labor force. The labor force comprises individuals aged 16 and above who are either employed or actively seeking employment. Those who are retired, pursuing education, or not seeking employment for other reasons are not considered part of the labor force. The unemployment rate is calculated by taking the number of unemployed individuals, dividing it by the labor force, and multiplying by 100 to express it as a percentage. Measuring the unemployment rate involves extensive data collection, usually conducted by national statistical agencies through labor force surveys. Such surveys are typically conducted monthly and include a series of questions designed to discern the employment status of respondents. Respondents are classified as employed, unemployed, or not in the labor force based on their answers. This data collection effort ensures the unemployment rate is a robust and reliable statistic. There are several types of unemployment that contribute to the overall unemployment rate, each with distinct characteristics and policy implications. Frictional unemployment occurs naturally in the economy as people transition between jobs, careers, or locations. It is often short-term and reflects the time taken for job seekers to find new employment that matches their skills and preferences. Structural unemployment is more prolonged and arises when there is a mismatch between the skills of workers and the requirements of available jobs. Technological advancements, shifts in consumer demand, and globalization can all contribute to structural unemployment. Cyclical unemployment is linked to the business cycle, increasing during economic downturns and decreasing during periods of growth. Finally, seasonal unemployment is related to industries with fluctuating labor demands at different times of the year, such as agriculture and tourism. Understanding the unemployment rate requires examining its broader economic implications. High unemployment rates can indicate economic distress, with underutilized labor resources leading to lower production and income levels. This situation can exacerbate poverty, increase demand for social services, and reduce overall consumer spending, further hindering economic growth. Conversely, very low unemployment rates can signal an overheating economy where labor shortages may drive up wages and inflationary pressures. Policymakers closely monitor the unemployment rate to make informed decisions on economic policy. Central banks may alter monetary policy, such as interest rates and money supply, to influence economic activity and stabilize labor markets. Governments can implement fiscal policies, including public spending and tax adjustments, to stimulate job creation and support those affected by unemployment. Additionally, labor market policies such as job training programs, education initiatives, and unemployment benefits are designed to mitigate the adverse effects of unemployment and improve workforce employability. It is also essential to consider the quality of employment, as not all jobs are created equal. Underemployment, where individuals work part-time but wish for full-time positions or hold jobs that underutilize their skills, can also be a significant issue. While these workers are technically employed, their employment situation may not fully reflect economic stability or job satisfaction. International comparisons of unemployment rates can offer insights into different economies' relative performance and labor market health. However, it is crucial to consider the context and nuances of each country's labor market structure, labor laws, and social safety nets. For instance, a low unemployment rate in one country may reflect robust job creation, while in another, it may indicate discouraged workers who have stopped seeking employment and thus are not counted in the labor force. At Eulerpool, we provide detailed data on the unemployment rate alongside other key economic indicators, enabling users to gain a comprehensive understanding of macroeconomic trends. Our platform offers historical data, trend analysis, and comparisons to help users make informed decisions based on the latest economic insights. Understanding the complexities surrounding the unemployment rate is vital for economists, policymakers, investors, and businesses alike, as it informs strategic planning, investment decisions, and policy formulation. The unemployment rate is more than a statistic; it is a vital sign of economic and social well-being. By monitoring and analyzing this indicator, we can gain valuable insights into the labor market's dynamics, the efficacy of economic policies, and the broader health of the economy. Eulerpool remains committed to providing accurate, up-to-date data on the unemployment rate, empowering our users with the knowledge to navigate the complexities of the modern economy.

Unemployment Rate United States — FAQ

What is the current Unemployment Rate in United States?

The current Unemployment Rate in United States is 4.1% as of 7/1/2026.

How has the Unemployment Rate in United States changed recently?

The Unemployment Rate in United States decreased from 4.2% (6/1/2026) to 4.1% (7/1/2026).

What is the all-time high for Unemployment Rate in United States?

The all-time high for Unemployment Rate in United States was 14.80%, recorded on 4/1/2020.

What is the all-time low for Unemployment Rate in United States?

The all-time low for Unemployment Rate in United States was 2.50%, recorded on 5/1/1953.

What is the historical average of Unemployment Rate in United States?

The historical average of Unemployment Rate in United States is 5.66%, calculated over the period from 1/1/1948 to 7/1/2026.

Where does the Unemployment Rate data for United States come from?

The Unemployment Rate data for United States is sourced from U.S. Bureau of Labor Statistics and published on Eulerpool.

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