The US unemployment rate edged up to 4.0 percent in January of 2022, little changed from December's new pandemic low but slightly above market expectations of 3.9 percent. Over the year, the unemployment rate is down by 2.4 percentage points, and the number of unemployed persons declined by 3.7 million. source: U.S. Bureau of Labor Statistics

Unemployment Rate in the United States averaged 5.76 percent from 1948 until 2022, reaching an all time high of 14.70 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 February of 2022.

Unemployment Rate in the United States is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Unemployment Rate is projected to trend around 4.00 percent in 2023 and 4.30 percent in 2024, according to our econometric models.

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United States Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-01-07 01:30 PM Dec 3.9% 4.2% 4.1% 4%
2022-02-04 01:30 PM Jan 4% 3.9% 3.9% 3.9%
2022-03-04 01:30 PM Feb 4% 3.9% 4%


Related Last Unit Reference
Unemployment Rate 4.00 percent Jan 2022
Non Farm Payrolls 467.00 Thousand Jan 2022
Nonfarm Payrolls Private 444.00 Thousand Jan 2022
Government Payrolls 23.00 Thousand Jan 2022
Manufacturing Payrolls 13.00 Thousand Jan 2022
Unemployed Persons 6513.00 Thousand Jan 2022
Average Hourly Earnings 0.70 percent Jan 2022
Average Weekly Hours 34.50 Hours Jan 2022
Labor Force Participation Rate 62.20 percent Jan 2022
Long Term Unemployment Rate 1.24 percent Dec 2021
Youth Unemployment Rate 8.20 percent Dec 2021
Average Hourly Earnings YoY 5.70 percent Jan 2022
Employment Rate 59.70 percent Jan 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4.00 3.90 14.70 2.50 1948 - 2022 percent Monthly

News Stream
US Jobless Rate Ticks Up to 4%
The US unemployment rate edged up to 4.0 percent in January of 2022, little changed from December's new pandemic low but slightly above market expectations of 3.9 percent. Over the year, the unemployment rate is down by 2.4 percentage points, and the number of unemployed persons declined by 3.7 million.
2022-02-04
US Jobless Rate Falls to New Pandemic Low
The US unemployment rate dropped to 3.9 percent, the lowest since February 2020, pointing to a sustained recovery in the job market helped by a fast-recovering economy and strong demand for labor. The rate was still slightly above pre-crisis levels amid reports of severe labor shortages, but should decline further in the coming months as companies fill widespread vacancies. The number of unemployed persons decreased by 483,000 to 6.3 million.
2022-01-07
US Jobless Rate Likely Dropped to 4.1%
The US unemployment rate likely dropped further last month to 4.1 percent, the lowest since February 2020, helped by a fast-recovering economy and strong demand for labor, and despite reports of severe labor shortages. The rate would still remain slightly above pre-crisis levels, but should decline further in the coming months as companies fill widespread vacancies. The highly anticipated jobs report will be closely watched by investors as stronger-than-expected figures could reinforce the case for early Federal Reserve interest rate hikes.
2022-01-07