The mean unemployment expectations in the US, the average perceived probability that the unemployment rate will be higher one year from now, fell by 0.3 percentage point to 41.8% in December 2025. Unemployment Expectations in the United States averaged 37.50 percent from 2013 until 2025, reaching an all time high of 50.90 percent in March of 2020 and a record low of 30.70 percent in June of 2021. source: Federal Reserve Bank of New York

Related	Last	Previous	Unit	Reference
Earnings Growth Expectations	2.50	2.60	percent	Dec 2025
Consumer Inflation Expectations	3.40	3.20	percent	Dec 2025
3-Year Consumer Inflation Expectations	3.00	3.00	percent	Dec 2025
5-Year Consumer Inflation Expectations	3.00	3.00	percent	Dec 2025
Unemployment Rate	4.40	4.50	percent	Dec 2025

United States Mean Unemployment Rate Expectations

Mean Unemployment Rate Expectations (1 Year Ahead) captures the average probability, as perceived by survey respondents, that the US unemployment rate will be higher one year from now. It is drawn from a nationally-representative internet-based panel of about 1,300 household heads, conducted monthly by the New York Fed.