United States Unemployment Rate

Last Release

Nov 30, 2024

Actual

4.2

Units In

4.1

Frequency

Monthly

Next Release

Jan 10, 2025

Time to Release

1 Months 2 Days 19 Hours

Highest	Lowest	Average	Date Range	Source
14.7 Apr 2020	2.5 May 1953	5.69 %	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 up to 4.2% in November of 2024 from 4.1% in the prior month, in line with market expectations. The number of unemployed individuals increased by 161,000 to 7.145 million, while employment levels decreased by 355,000 to 161.141 million. Meanwhile, the labor force participation rate edged down to 62.5% from 62.6%, and the employment-population ratio fell to 59.8% from 60%.