United States Unemployment Rate

Last Release

Dec 31, 2024

Actual

4.1

Units In

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%.