USA: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 4.1 percent as of September 2024, a decline compared to the previous value of 4.2 percent. Historically, the average for the USA from January 1960 to September 2024 is 5.89 percent. The minimum of 3.4 percent was recorded in September 1968, while the maximum of 14.8 percent was reached in April 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: U.S. Bureau of Labor Statistics
| Recent values | USA: Unemployment rate, percent |
|---|---|
| 2024 Sep | 4.1 |
| 2024 Aug | 4.2 |
| 2024 Jul | 4.3 |
| 2024 Jun | 4.1 |
| 2024 May | 4 |
| 2024 Apr | 3.9 |
| 2024 Mar | 3.8 |
| 2024 Feb | 3.9 |
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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 170.60 | 2023 | million people |
| Unemployment rate | 3.63 | 2023 | percent |
| Female unemployment | 3.47 | 2023 | percent |
| Male unemployment | 3.80 | 2023 | percent |
| Youth unemployment | 7.98 | 2023 | percent |
| Labor force participation | 61.86 | 2023 | percent |
| Labor force: percent female | 46.46 | 2023 | percent |
| Female labor force participation | 56.51 | 2023 | percent |
| Male labor force participation | 67.39 | 2023 | percent |
| Self-employment | 6.28 | 2022 | percent |
| Employment | 161.86 | 9/2024 | million employed people |
| Unemployment rate | 4.10 | 9/2024 | percent |
| Labor cost | 143.56 | Q2/2024 | index points |