The US unemployment rate rose to 6.1 percent in April 2021, from 6.0 percent in the previous month and defying market expectations of 5.8 percent, as more workers began looking for work and re-entered the labor market. The number of unemployed people increased by 102 thousand to 9.81 million and the number of employed was up by 328 thousand to 151.2 million, while the activity rate rose to 61.7 percent from 61.5 percent in March. Unemployment levels were down considerably from their recent highs in April 2020 but remained well above their levels prior to the coronavirus pandemic. source: U.S. Bureau of Labor Statistics

Unemployment Rate in the United States averaged 5.77 percent from 1948 until 2021, reaching an all time high of 14.80 percent in April of 2020 and a record low of 2.50 percent in May of 1953. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Unemployment Rate in the United States is expected to be 6.00 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 5.50 in 12 months time. In the long-term, the United States Unemployment Rate is projected to trend around 5.00 percent in 2022 and 4.30 percent in 2023, according to our econometric models.

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United States Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.10 6.00 14.80 2.50 1948 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-05 01:30 PM Jan 6.3% 6.7% 6.7% 6.7%
2021-03-05 01:30 PM Feb 6.2% 6.3% 6.3% 6.3%
2021-04-02 12:30 PM Mar 6% 6.2% 6% 6%
2021-05-07 12:30 PM Apr 6.1% 6% 5.8% 5.8%
2021-06-04 12:30 PM May
2021-07-02 12:30 PM Jun
2021-08-06 12:30 PM Jul
2021-09-03 12:30 PM Aug


News Stream
US Unemployment Rate Unexpectedly Rises in April
The US unemployment rate rose to 6.1 percent in April 2021, from 6.0 percent in the previous month and defying market expectations of 5.8 percent, as more workers began looking for work and re-entered the labor market. The number of unemployed people increased by 102 thousand to 9.81 million and the number of employed was up by 328 thousand to 151.2 million, while the activity rate rose to 61.7 percent from 61.5 percent in March. Unemployment levels were down considerably from their recent highs in April 2020 but remained well above their levels prior to the coronavirus pandemic.
2021-05-07
US Jobless Rate Seen Falling to 5.8% in April
The US unemployment rate is expected to fall to 5.8 percent in April 2021, the lowest level since the COVID-19 pandemic first hit the US labor market in March 2020. The pace of job creation is seen gathering steam in the spring and through summer, as the country re-opens due to the acceleration in the pace of COVID-19 vaccinations and as the government's $1.9 trillion relief package boosts domestic demand.
2021-05-07
US Unemployment Rate Falls to 1-Year Low of 6%
The US unemployment rate fell to 6 percent in March of 2021 from 6.2 percent in the previous month, the lowest rate in a year and in line with market expectations. The rate has been falling steadily in recent months after reaching an all-time high of 14.8 percent in April last year but many believe it has been understated by people misclassifying themselves as being “employed but absent from work”. The number of unemployed people fell by 262 thousand to 9.710 million while the number of employed rose by 609 thousand to 150.85 million. The labor force participation rate edged up to a 3-month high of 61.5 percent from 61.4 percent. Fed Chair Powell recently said the participation rate is seen expanding and holding the unemployment rate up which would be a highly desirable outcome.
2021-04-02
US Jobless Rate Seen Falling to 6%
The US unemployment rate is expected to fall to 6 percent in March of 2021 from 6.2 percent in February. The rate has been falling steady in recent months after reaching an all-time high of 14.8 percent in April last year but many believe it has been understated by people misclassifying themselves as being “employed but absent from work.” Traders will also monitor any changes in the participation rate and the average earnings growth, which could provide an insight into whether lower-income workers are returning to the labor market. Fed Chair Powell recently said the participation rate is seen expanding and holding unemployment rate up which would be a highly desirable outcome. The Federal Reserve sees unemployment rate at 4.5% this year and at 3.9% in 2022.
2021-04-02

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.