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United States Unemployment Rate
Last Release
Dec 31, 2024
Actual
4.1
Units In
%
Previous
4.2
Frequency
Monthly
Next Release
Feb 07, 2025
Time to Release
26 Days 13 Hours
Highest | Lowest | Average | Date Range | Source |
14.7 Apr 2020 | 2.5 May 1953 | 5.68 % | 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 went down to 4.1% in December of 2024 from 4.2% in the previous month, below market expectations of 4.2%. The number of unemployed individuals decreased by 235,000 to 6.886 million, while employment levels increased by 478,000 to 161.661 million. Meanwhile, the labor force participation rate was unchanged at 62.5%, and the employment-population ratio went up to 60% from 59.8%.
United States Unemployment Rate History
Last 12 readings