United States Unemployment Rate

The U.S. unemployment rate rose to 4.2% in March 2025, the highest level since November and slightly above market expectations of 4.1%. The number of unemployed individuals increased by 31,000 to 7.08 million, while employment grew by 201,000 to reach 163.51 million. The labor force participation rate also edged up to 62.5% from 62.4%, and the employment-population ratio remained steady at 59.9%. Additionally, the U-6 unemployment rate, which includes those marginally attached to the labor force and those working part-time for economic reasons, decreased slightly to 7.9% in March from 8.0% in the previous month.