The US unemployment rate came in at 3.7 percent in August 2019, unchanged from the previous two month's figures and in line with market expectations. The number of unemployed persons decreased by 19 thousand to 6.0 million while employment rose by 590 thousand to 157.9 million. The labor force participation rate edged up to 63.2 percent, the highest since February, from 63.0 percent a month earlier. Unemployment Rate in the United States averaged 5.74 percent from 1948 until 2019, 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.

Unemployment Rate in the United States is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in the United States to stand at 3.80 in 12 months time. In the long-term, the United States Unemployment Rate is projected to trend around 4.10 percent in 2020, according to our econometric models.

United States Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-07 12:30 PM Unemployment Rate May 3.6% 3.6% 3.6% 3.7%
2019-07-05 12:30 PM Unemployment Rate Jun 3.7% 3.6% 3.6% 3.6%
2019-08-02 12:30 PM Unemployment Rate Jul 3.7% 3.7% 3.7% 3.6%
2019-09-06 12:30 PM Unemployment Rate Aug 3.7% 3.7% 3.7% 3.6%
2019-10-04 12:30 PM Unemployment Rate Sep 3.7% 3.6%
2019-11-01 01:30 PM Unemployment Rate Oct 3.7%
2019-12-06 01:30 PM Unemployment Rate Nov 3.7%



US Jobless Rate Steady for 3rd Month at 3.7%

The US unemployment rate came in at 3.7 percent in August 2019, unchanged from the previous two month's figures and in line with market expectations. The number of unemployed persons decreased by 19 thousand to 6.0 million while employment rose by 590 thousand to 157.9 million.

Among the major worker groups, the unemployment rates for adult men (3.4 percent), adult women (3.3 percent), teenagers (12.6 percent), Whites (3.4 percent), Blacks (5.5 percent), Asians (2.8 percent), and Hispanics (4.2 percent) showed little or no change in August. 

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 1.2 million in August and accounted for 20.6 percent of the unemployed.

In August, the labor force participation rate edged up to 63.2 percent in August but has shown little change, on net, thus far this year. The employment-population ratio, at 60.9 percent, also edged up over the month and is up by 0.6 percentage point over the year.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) increased by 397,000 to 4.4 million in August; this increase follows a decline of similar magnitude in July. These individuals, who would have preferred full-time employment, were working part time because their hours had been reduced or they were unable to find full-time jobs. 

In August, 1.6 million persons were marginally attached to the labor force, little different from a year earlier. (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. Among the marginally attached, there were 467,000 discouraged workers in August, about unchanged from a year earlier. (Data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.1 million persons marginally attached to the labor force in August had not searched for work for reasons such as school attendance or family responsibilities.


BLS | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
9/6/2019 12:56:15 PM



United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.70 10.80 2.50 percent [+]
Non Farm Payrolls 130.00 159.00 1118.00 -1959.00 Thousand [+]
Nonfarm Payrolls Private 96.00 131.00 1092.00 -1766.00 Thousand [+]
Government Payrolls 34.00 28.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 3.00 4.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 208.00 206.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1661.00 1674.00 6635.00 988.00 Thousand [+]
ADP Employment Change 195.00 142.00 360.00 -706.00 Thousand [+]
Employed Persons 157878.00 157288.00 157878.00 57635.00 Thousand [+]
Unemployed Persons 6044.00 6063.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.40 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.30 34.60 33.70 Hours [+]
Labor Force Participation Rate 63.20 63.00 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.71 0.87 4.40 0.08 percent [+]
Youth Unemployment Rate 8.60 8.50 19.50 7.80 percent [+]
Labour Costs 111.98 111.28 111.98 17.00 Index Points [+]
Productivity 107.54 106.93 107.54 25.99 Index Points [+]
Job Vacancies 7471.00 7225.00 7884.00 2157.00 Thousand [+]
Job Offers 7217.00 7248.00 7626.00 2264.00 Thousand [+]
Challenger Job Cuts 53480.00 38845.00 248475.00 15100.00 Persons [+]
Wages 23.59 23.46 23.59 2.50 USD/Hour [+]
Wages in Manufacturing 22.19 22.13 22.19 1.27 USD/Hour [+]
Wage Growth 5.20 5.45 13.78 -5.88 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.60 0.70 2.00 0.20 percent [+]
Population 327.17 325.15 327.17 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 [+]
Wages Low Skilled 1960.00 1760.00 2340.00 1760.00 USD/Month [+]
Wages High Skilled 4520.00 4330.00 4950.00 4330.00 USD/Month [+]
Employment Rate 60.90 60.70 64.70 55.00 percent [+]
Full Time Employment 130789.00 130429.00 130789.00 64640.00 Thousand [+]
Part Time Employment 26974.00 26861.00 28134.00 10086.00 Thousand [+]
Living Wage Family 2380.00 2270.00 2380.00 2160.00 USD/Month [+]
Living Wage Individual 1660.00 1560.00 1660.00 1450.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.70 10.80 2.50 1948 - 2019 percent Monthly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.60 Jun/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.30 Aug/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Aug/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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