United States Unemployment Rate  1948-2017 | Data | Chart | Calendar

US unemployment rate edged down by 0.1 percentage point to 4.1 percent in October as the number of unemployed persons decreased by 281,000 to 6.5 million. It is the lowest unemployment rate since December 2000. Since January, the unemployment rate has declined by 0.7 percentage point, and the number of unemployed persons has decreased by 1.1 million. Unemployment Rate in the United States averaged 5.79 percent from 1948 until 2017, reaching an all time high of 10.80 percent in November of 1982 and a record low of 2.50 percent in May of 1953.

United States Unemployment Rate
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US Unemployment Rate Drops to 4.1% in November


US unemployment rate edged down by 0.1 percentage point to 4.1 percent in October, and the number of unemployed persons decreased by 281,000 to 6.5 million. Since January, the unemployment rate has declined by 0.7 percentage point, and the number of unemployed persons has decreased by 1.1 million. It is the lowest unemployment rate since February 2001.

Among the major worker groups, the unemployment rates for adult women (3.6 percent) and Whites (3.5 percent) declined in October. The jobless rates for adult men (3.8 percent), teenagers (13.7 percent), Blacks (7.5 percent), Asians (3.1 percent), and Hispanics (4.8 percent) showed little change.

In October, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 1.6 million and accounted for 24.8 percent of the unemployed.

The labor force participation rate decreased by 0.4 percentage point to 62.7 percent in October but has shown little movement on net over the past 12 months. The employment- population ratio declined by 0.2 percentage point over the month to 60.2 percent, after increasing by 0.3 percentage point in September. The employment-population ratio is up by 0.5 percentage point over the year.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) declined by 369,000 to 4.8 million in October. These individuals, who would have preferred full-time employment, were working part time
because their hours had been cut back or because they were unable to find full-time jobs. Over the past 12 months, the number of involuntary part-time workers has decreased by 1.1 million.

In October, 1.5 million persons were marginally attached to the labor force, little changed from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

Meanwhile,  total nonfarm payroll employment rose by 261,000 in October. Employment in food services and drinking places increased sharply, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. In October, job gains also occurred in professional and business services, manufacturing, and health care.

Anna | anna@tradingeconomics.com
11/3/2017 12:44:56 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-01 12:30 PM Unemployment Rate 4.4% 4.3% 4.3% 4.3%
2017-10-06 12:30 PM Unemployment Rate 4.2% 4.4% 4.4% 4.4%
2017-11-03 12:30 PM Unemployment Rate 4.1% 4.2% 4.2% 4.2%
2017-12-08 01:30 PM Unemployment Rate 4.1% 4.3%


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.20 10.80 2.50 percent [+]
Non Farm Payrolls 261.00 18.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 252.00 15.00 1089.00 -816.00 Thousand [+]
Government Payrolls 9.00 3.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 24.00 6.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 249.00 239.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1860.00 1904.00 6635.00 988.00 Thousand [+]
ADP Employment Change 235.00 110.00 384.00 -846.00 Thousand [+]
Employed Persons 153861.00 154345.00 154345.00 57635.00 Thousand [+]
Unemployed Persons 6520.00 6801.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.00 0.50 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.70 63.10 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.08 1.08 2.80 1.01 percent [+]
Youth Unemployment Rate 9.00 9.10 19.50 7.80 percent [+]
Labour Costs 108.96 108.83 109.07 17.12 Index Points [+]
Productivity 108.87 108.07 108.87 27.60 Index Points [+]
Job Vacancies 6114.00 6200.00 6502.00 2132.00 Thousand [+]
Job Offers 6093.00 6090.00 6140.00 2196.00 Thousand [+]
Challenger Job Cuts 29831.00 32346.00 248475.00 15100.00 Persons [+]
Wages 22.22 22.23 22.23 2.50 USD/Hour [+]
Wages in Manufacturing 21.07 20.96 21.07 1.27 USD/Hour [+]
Wage Growth 3.22 2.75 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.50 1.60 0.20 percent [+]
Labor Market Conditions Index 1.50 3.30 32.00 -48.40 Index Points [+]
Population 324.30 322.06 324.30 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Living Wage Family 2240.00 2150.00 2240.00 2120.00 USD/Month [+]
Living Wage Individual 1540.00 1460.00 1540.00 1420.00 USD/Month [+]
Part Time Employment 27235.00 27650.00 28134.00 10086.00 Thousand [+]
Full Time Employment 126667.00 126690.00 126690.00 64640.00 Thousand [+]
Employment Rate 60.20 60.40 64.70 55.00 percent [+]
Wages Low Skilled 2090.00 1830.00 2100.00 1650.00 USD/Month [+]
Wages High Skilled 4290.00 4120.00 4320.00 3640.00 USD/Month [+]


United States Unemployment Rate

In the United States, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 4.20 10.80 2.50 1948 - 2017 percent Monthly




unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.40 Sep/17
Italy 11.10 Sep/17
Turkey 10.60 Aug/17
France 9.70 Sep/17
Euro Area 8.90 Sep/17
Canada 6.30 Oct/17
Indonesia 5.50 Sep/17
Australia 5.40 Oct/17
Russia 5.00 Sep/17
Netherlands 4.50 Oct/17
United Kingdom 4.30 Sep/17
United States 4.10 Oct/17
China 3.95 Sep/17
Germany 3.60 Sep/17
Mexico 3.60 Sep/17
South Korea 3.60 Oct/17
India 3.46 Dec/16
Switzerland 3.00 Oct/17
Japan 2.80 Sep/17