The US unemployment rate rose to 3.7 percent in June 2019 from a 49-year low of 3.6 percent in the previous month and above market expectations of 3.6 percent. The number of unemployed increased by 87 thousand to 6.0 million while employment went up by 247 thousand to 157.0 million. Unemployment Rate in the United States averaged 5.75 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
2019-04-05 12:30 PM Unemployment Rate Mar 3.8% 3.8% 3.8% 3.80%
2019-05-03 12:30 PM Unemployment Rate Apr 3.6% 3.8% 3.8% 3.8%
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% 3.6%
2019-09-06 12:30 PM Unemployment Rate Aug 3.6%
2019-10-04 12:30 PM Unemployment Rate Sep 3.6%



US Jobless Rate Unexpectedly Rises to 3.7%

The US unemployment rate rose to 3.7 percent in June 2019 from a 49-year low of 3.6 percent in the previous month and above market expectations of 3.6 percent. The number of unemployed increased by 87 thousand to 6.0 million while employment went up by 247 thousand to 157.0 million.

Among the major worker groups, the unemployment rates for adult men (3.3 percent), adult women (3.3 percent), teenagers (12.7 percent), Whites (3.3 percent), Blacks (6.0 percent), Asians (2.1 percent), and Hispanics (4.3 percent) showed little or no change in June.

In June, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 1.4 million in June and accounted for 23.7 percent of the unemployed. 

The labor force participation rate, at 62.9 percent, was little changed over the month and unchanged over the year. In June, the employment-population ratio was 60.6 percent for the fourth month in a row. 

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was essentially unchanged at 4.3 million in June. 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.

There were 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 425,000 discouraged workers in June, little changed 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 June had not searched for work for reasons such as school attendance or family responsibilities.


BLS | Stefanie Moya | stefanie.moya@tradingeconomics.com
7/5/2019 12:39:06 PM



United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.60 10.80 2.50 percent [+]
Non Farm Payrolls 224.00 72.00 1118.00 -1959.00 Thousand [+]
Nonfarm Payrolls Private 191.00 83.00 1092.00 -1766.00 Thousand [+]
Government Payrolls 33.00 -11.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 17.00 3.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 216.00 208.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1686.00 1728.00 6635.00 988.00 Thousand [+]
ADP Employment Change 102.00 41.00 360.00 -706.00 Thousand [+]
Employed Persons 157005.00 156758.00 157005.00 57635.00 Thousand [+]
Unemployed Persons 5975.00 5888.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.80 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.87 0.80 4.40 0.08 percent [+]
Youth Unemployment Rate 8.10 8.50 19.50 7.80 percent [+]
Labour Costs 108.71 109.16 109.61 17.00 Index Points [+]
Productivity 106.96 106.06 106.96 26.02 Index Points [+]
Job Vacancies 7230.00 7739.00 7884.00 2157.00 Thousand [+]
Job Offers 7323.00 7372.00 7626.00 2264.00 Thousand [+]
Challenger Job Cuts 41977.00 58577.00 248475.00 15100.00 Persons [+]
Wages 23.43 23.39 23.43 2.50 USD/Hour [+]
Wages in Manufacturing 22.03 22.04 22.04 1.27 USD/Hour [+]
Wage Growth 3.59 3.56 13.78 -5.88 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.70 1.60 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 [+]
Employment Rate 60.60 60.60 64.70 55.00 percent [+]
Full Time Employment 130148.00 129695.00 130159.00 64640.00 Thousand [+]
Part Time Employment 26807.00 26981.00 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 [+]
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 [+]


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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.60 10.80 2.50 1948 - 2019 percent Monthly




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 13.00 Apr/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 Jun/19
Indonesia 5.01 Mar/19
Russia 4.40 Jun/19
South Korea 4.00 Jun/19
United Kingdom 3.80 May/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.40 Jun/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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