United States Employment Rate

Price

Price

58.9 %

Change +/-

-0.1 %

Percentage Change

-0.17 %

The current value of the Employment Rate in United States is 58.9 %. The Employment Rate in United States decreased to 58.9 % on 7/1/2026, after it was 59 % on 6/1/2026. From 1/1/1948 to 7/1/2026, the average GDP in United States was 59.26 %. The all-time high was reached on 4/1/2000 with 64.70 %, while the lowest value was recorded on 4/1/2020 with 51.20 %.

Source: U.S. Bureau of Labor Statistics

The current value of Employment Rate in United States is 58.9%. Employment Rate in United States decreased to 58.9% from 59%.Employment Rate in United States averaged 59.26% from 1/1/1948 until 7/1/2026.The all-time high was 64.70% (4/1/2000)and the record low was 51.20% (4/1/2020).

Employment Rate

Employment Rate

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Employment rate
Date
Employment rate
Dec 1, 2025
59.70 %
Jan 1, 2026
59.40 %
Feb 1, 2026
59.30 %
Mar 1, 2026
59.20 %
Apr 1, 2026
59.10 %
May 1, 2026
59.20 %
Jun 1, 2026
59.00 %
Jul 1, 2026
58.90 %
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Employment Rate History

Employment Rate — History
DateValue
58.9 %
59 %
59.2 %
59.1 %
59.2 %
59.3 %
59.4 %
59.7 %
59.6 %
59.7 %
...

Similar Macro Indicators to Employment 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
1.8 M
Previous
1.78 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 %

Full-time employment

Monthly

Current
133.55 M
Previous
133.66 M

Initial Jobless Claims

frequency_weekly

Current
199,000
Previous
198,000

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
198,750
Previous
203,250

Unemployment Rate

Monthly

Current
4.1 %
Previous
4.2 %

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 %

Employment Rate

In the United States, the employment rate quantifies the proportion of individuals who are employed relative to the working-age population.

What is Employment Rate?

Employment Rate: A Comprehensive Exploration The employment rate is a crucial macroeconomic indicator that reflects the proportion of the working-age population that is currently employed. As a pivotal measure, it offers deep insights into the economic health and labor market dynamics of a country. At Eulerpool, we strive to provide comprehensive and precise macroeconomic data, and understanding the employment rate is fundamental for businesses, policymakers, and economists alike. Understanding the Employment Rate In essence, the employment rate is calculated by dividing the number of employed individuals by the total working-age population and multiplying the result by 100 to express it as a percentage. This metric is vital for gauging the ability of an economy to generate jobs and absorb its labor force, thereby impacting economic growth, wage levels, and overall economic stability. Economic Implications of the Employment Rate Changes in the employment rate can have profound implications across various sectors of the economy. A rising employment rate usually signifies robust economic activity, increasing consumer spending, and improving business confidence. Conversely, a declining employment rate may indicate economic stagnation or recession, leading to reduced consumer spending, lower business profits, and potentially higher government expenditure on social welfare programs. Labor Market Dynamics The employment rate is a reflection of the underlying labor market dynamics. A high employment rate generally indicates a tight labor market, where the demand for labor meets or exceeds supply. This scenario can lead to upward pressure on wages, as employers compete to attract and retain workers. On the other hand, a low employment rate suggests a slack labor market, characterized by an excess supply of labor relative to demand. This condition often results in stagnant or declining wages, as job seekers outnumber available positions. Influences on Employment Rate Several factors influence the employment rate. Economic growth is a primary driver, as periods of robust economic expansion typically lead to job creation and higher employment. Demographic factors, such as the age composition of the population, migration trends, and labor force participation rates, also play significant roles. Additionally, government policies, including labor market regulations, tax policies, and social welfare programs, can have substantial impacts on employment rates. Sectoral Employment Trends Analyzing employment rates by sector provides valuable insights into the structural changes within an economy. Sectors such as technology, healthcare, and education often exhibit higher employment growth rates, reflecting shifts towards a knowledge-based economy. Conversely, traditional manufacturing and agricultural sectors may experience relative declines in employment due to automation and technological advancements. Understanding these sectoral trends is critical for formulating targeted economic policies and workforce development strategies. Unemployment Rate vs. Employment Rate It is essential to distinguish between the employment rate and the unemployment rate, another commonly referenced labor market indicator. While the employment rate measures the proportion of the working-age population that is employed, the unemployment rate assesses the percentage of the labor force that is actively seeking employment but is currently unemployed. Both metrics provide complementary perspectives on the labor market's health, with the employment rate offering a broader view of overall job market conditions. Policy Implications The employment rate is a key consideration for policymakers. High employment rates are often associated with economic prosperity and social stability. Consequently, governments aim to implement policies that promote job creation, enhance labor market flexibility, and support workforce development. Measures such as tax incentives for businesses, investment in education and training programs, and infrastructure development are commonly employed to stimulate employment growth. Impacts of Technological Change Technological advancements present both opportunities and challenges for employment rates. Automation and artificial intelligence can lead to job displacement in certain sectors while creating new opportunities in others. Policymakers and businesses must anticipate and manage these transitions to ensure that workers can adapt to changing labor market demands. Investment in continuous education and skill development is vital to maintaining high employment rates in an increasingly technology-driven economy. Global Comparisons Comparing employment rates across countries can provide valuable insights into different economic structures and policy approaches. Countries with high employment rates often have well-developed education systems, robust social safety nets, and dynamic business environments. These factors contribute to a more resilient labor market capable of adapting to economic shocks and structural changes. Conversely, countries struggling with low employment rates may face challenges such as inadequate education systems, rigid labor market regulations, or economic instability. Long-term Trends Long-term trends in employment rates can reveal significant shifts in an economy's structural composition and labor market dynamics. Analyzing historical data helps identify patterns and cyclicality in employment rates, providing insights into how economies respond to various economic shocks and policy interventions. For instance, the shift from manufacturing-based economies to service-oriented ones has had profound implications for employment rates and job quality. Conclusion The employment rate is a fundamental indicator of economic health and labor market conditions. At Eulerpool, we recognize the importance of accurate and comprehensive macroeconomic data in informing business decisions, policy formulation, and economic analysis. Understanding the employment rate's intricacies, influences, and implications is essential for stakeholders across the economic spectrum. As technological advancements, demographic shifts, and policy changes continue to shape labor markets globally, staying informed about employment rate trends will be crucial for navigating the complexities of the modern economy. By providing detailed and reliable macroeconomic data, Eulerpool aims to empower users with the knowledge needed to drive informed decisions and foster economic growth.

Employment Rate United States — FAQ

What is the current Employment Rate in United States?

The current Employment Rate in United States is 58.9% as of 7/1/2026.

How has the Employment Rate in United States changed recently?

The Employment Rate in United States decreased from 59% (6/1/2026) to 58.9% (7/1/2026).

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

The all-time high for Employment Rate in United States was 64.70%, recorded on 4/1/2000.

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

The all-time low for Employment Rate in United States was 51.20%, recorded on 4/1/2020.

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

The historical average of Employment Rate in United States is 59.26%, calculated over the period from 1/1/1948 to 7/1/2026.

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

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

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