The US unemployment rate edged up to 5.9 percent in June 2021, little-changed from May's 14-month low but still well above pre-pandemic levels, as the number of unemployed people increased by 168 thousand to 9.48 million, while employment levels fell by 18 thousand to 151.60 million. Meanwhile, the labor force participation rate was unchanged at 61.6 percent. The labor market has continued to show signs of recovery supported by broader economic re-opening, amid the rapid pace of vaccination and the ongoing government support. However, employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare. 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 August of 2021.

Unemployment Rate in the United States is expected to be 5.60 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 5.30 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
5.90 5.80 14.80 2.50 1948 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
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 5.8% 6.1% 5.9% 6%
2021-07-02 12:30 PM Jun 5.9% 5.8% 5.7% 5.7%
2021-08-06 12:30 PM Jul 5.9% 5.7% 5.8%
2021-09-03 12:30 PM Aug
2021-10-08 12:30 PM Sep
2021-11-05 12:30 PM Oct


News Stream
US Unemployment Rate Above Expectations
The US unemployment rate edged up to 5.9 percent in June 2021, little-changed from May's 14-month low but still well above pre-pandemic levels, as the number of unemployed people increased by 168 thousand to 9.48 million, while employment levels fell by 18 thousand to 151.60 million. Meanwhile, the labor force participation rate was unchanged at 61.6 percent. The labor market has continued to show signs of recovery supported by broader economic re-opening, amid the rapid pace of vaccination and the ongoing government support. However, employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare.
2021-07-02
US Jobless Rate Set to Fall Further in June
The US unemployment rate likely fell further to 5.7 percent in June 2021, the lowest level since March 2020 but still well above pre-pandemic levels. The labor market continues to consolidate its recovery supported by broader economic re-opening, helped by a steady decline in the number of daily COVID cases and the rapid pace of vaccination, coupled with ongoing government support. However, employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare.
2021-07-02
US Jobless Rate Falls to 14-Month Low
The US unemployment rate dropped to 5.8 percent in May 2021, the lowest since March 2020 and below market expectations of 5.9 percent, adding to signs that the job market consolidated its recovery as the economy further reopened. Still, the rate remained well above the 3.5 percent recorded in February 2020, just before the virus tore through the economy. A steady decline in the number of daily coronavirus cases due to vaccinations has allowed authorities to lift restrictions on businesses, but employers have been complaining that they cannot find enough workers to respond to growing demand. The number of unemployed people declined by 496 thousand to 9.32 million, while employment rose by 444 thousand to 151.62 million.
2021-06-04
US Jobless Rate Seen Falling Below 6%
The US unemployment rate is expected to fall to 5.9 percent in May 2021, the lowest level since March 2020, adding to signs that the job market consolidated its recovery as the economy further reopened. Still, the rate should remain well above the 3.5 percent recorded in February 2020, just before the virus tore through the economy. A steady decline in the number of daily coronavirus cases due to vaccinations has allowed authorities to lift restrictions on businesses. However, employers have also complained that they can't find enough workers to respond to growing demand.
2021-06-04

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.