The unemployment rate in the United States edged up to 3.9% in April 2024 from 3.8% in the previous month and surprising market expectations, which had forecasted the rate to remain unchanged. The number of unemployed individuals increased by 63,000 to 6.492 million, while employment levels went up by 25,000 to reach 161.491 million. Additionally, the labor force participation rate was unchanged at 62.7%, and the employment-population ratio decreased to 60.2% from 60.3%. source: U.S. Bureau of Labor Statistics
Unemployment Rate in the United States increased to 3.90 percent in April from 3.80 percent in March of 2024. Unemployment Rate in the United States averaged 5.70 percent from 1948 until 2024, reaching an all time high of 14.90 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 May of 2024.
Unemployment Rate in the United States increased to 3.90 percent in April from 3.80 percent in March of 2024. Unemployment Rate in the United States is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.