The US unemployment rate rose to 3.6 percent in January 2020 from the previous month's 50-year low and above market expectations of 3.5 percent. The number of unemployed people increased by 139 thousand to 5.89 million while employment fell by 89 thousand to 158.71 million. The labor force participation rate rose 0.2 p.p. to 63.4 percent. United States Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Unemployment Rate in the United States averaged 5.73 percent from 1948 until 2020, 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. 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. source: U.S. Bureau of Labor Statistics

Unemployment Rate in the United States is expected to be 3.70 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 3.90 in 12 months time. In the long-term, the United States Unemployment Rate is projected to trend around 4.10 percent in 2021 and 4.40 percent in 2022, according to our econometric models.


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United States Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.50 10.80 2.50 1948 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-01 12:30 PM Oct 3.6% 3.5% 3.6% 3.6%
2019-12-06 01:30 PM Nov 3.5% 3.6% 3.6% 3.7%
2020-01-10 01:30 PM Dec 3.5% 3.5% 3.5% 3.6%
2020-02-07 01:30 PM Jan 3.6% 3.5% 3.5% 3.6%
2020-03-06 01:30 PM Feb 3.6% 3.7%
2020-04-03 12:30 PM Mar 3.7%
2020-05-08 12:30 PM Apr
2020-06-05 12:30 PM May


News Stream
US Jobless Rate Unexpectedly Rises in January
The US unemployment rate rose to 3.6 percent in January 2020 from the previous month's 50-year low and above market expectations of 3.5 percent. The number of unemployed people increased by 139 thousand to 5.89 million while employment fell by 89 thousand to 158.71 million. The labor force participation rate rose 0.2 p.p. to 63.4 percent.
2020-02-07
US Jobless Rate Holds Near 50-Year Low
The US unemployment rate held steady at 3.5 percent in December 2019, remaining at the lowest level since 1969 and in line with market expectations. The number of unemployed people decreased by 58 thousand to 5.75 million while employment rose by 267 thousand to 158.80 million. The labor force participation rate was unchanged at 63.2 percent.
2020-01-10
US Jobless Rate Unexpectedly Falls to 3.5%
The US unemployment rate decreased to 3.5 percent in November 2019 from 3.6 percent in the previous month while markets had expected it to be unchanged at 3.6 percent. The number matched the September figure which was the lowest since 1969. Over the month, the number of unemployed persons decreased by 44,000. The labor force participation rate edged down to 63.2 percent from 63.3 percent in October.
2019-12-06
US Jobless Rate Rises to 3.6% in October
The US unemployment rate increased to 3.6 percent in October 2019 from 3.5 percent in the previous month and in line with market expectations. Over the month, the number of unemployed persons increased by 86,000. The labor force participation rate edged up to 63.3 percent from 63.2 percent in September.
2019-11-01

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.