The US unemployment rate rose to 3.7 percent in August of 2022, the highest since February and above market expectations of 3.5 percent. The number of unemployed people increased by 344 thousand to 6.014 million, while employment levels went up by 442 thousand to 158.732 million. Meanwhile, the labor force participation rate increased to a five-month high of 62.4 percent in August from 62.1 percent in July. source: U.S. Bureau of Labor Statistics

Unemployment Rate in the United States averaged 5.74 percent from 1948 until 2022, reaching an all time high of 14.70 percent in April of 2020 and a record low of 2.50 percent in May of 1953. This page provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Unemployment Rate in the United States is expected to be 3.50 percent by the end of this quarter, according to 王者荣耀电竞(江西)积分排榜 global macro models and analysts expectations. In the long-term, the United States Unemployment Rate is projected to trend around 3.60 percent in 2023 and 3.80 percent in 2024, according to our econometric models.

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United States Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-08-05 12:30 PM Jul 3.5% 3.6% 3.6% 3.6%
2022-09-02 12:30 PM Aug 3.7% 3.5% 3.5% 3.5%
2022-10-07 12:30 PM Sep


Related Last Previous Unit Reference
Unemployment Rate 3.70 3.50 percent Aug 2022
Non Farm Payrolls 315.00 526.00 Thousand Aug 2022
Nonfarm Payrolls Private 308.00 477.00 Thousand Aug 2022
Government Payrolls 7.00 49.00 Thousand Aug 2022
Manufacturing Payrolls 22.00 36.00 Thousand Aug 2022
Unemployed Persons 6014.00 5670.00 Thousand Aug 2022
Average Hourly Earnings 0.30 0.50 percent Aug 2022
Average Weekly Hours 34.50 34.60 Hours Aug 2022
Labor Force Participation Rate 62.40 62.10 percent Aug 2022
Long Term Unemployment Rate 1.07 1.03 percent Feb 2022
Youth Unemployment Rate 8.00 7.80 percent Aug 2022
Average Hourly Earnings YoY 5.20 5.20 percent Aug 2022
Employment Rate 60.10 60.00 percent Aug 2022

United States Unemployment Rate
In the United States, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.50 14.70 2.50 1948 - 2022 percent Monthly

News Stream
US Jobless Rate Unexpectedly Rises to 6-Month High
The US unemployment rate rose to 3.7 percent in August of 2022, the highest since February and above market expectations of 3.5 percent. The number of unemployed people increased by 344 thousand to 6.014 million, while employment levels went up by 442 thousand to 158.732 million. Meanwhile, the labor force participation rate increased to a five-month high of 62.4 percent in August from 62.1 percent in July.
2022-09-02
US Unemployment Rate Falls to 3.5%
The US unemployment rate decreased to 3.5% in July 2022, the lowest since February 2020, from 3.6% in the previous period, while analysts expected it to be unchanged. The number of unemployed persons edged down to 5.7 million. Meanwhile, the labor force participation rate, at 62.1 percent, and the employment-population ratio, at 60.0 percent, were little changed over the month.
2022-08-05
US Jobless Rate Steady for 4th Month
The US unemployment rate was unchanged at 3.6 percent in June of 2022, the same as in the previous three months, remaining the lowest since February 2020 and in line with market expectations. The number of unemployed people decreased by 38 thousand to 5.912 million, while employment levels fell by 315 thousand to 158.111 million. Meanwhile, the labor force participation rate edged down to 62.2 percent in June fom 62.3 percent in May.
2022-07-08