The US unemployment rate dipped by 0.1 percentage point to 4.0% in January 2025, marking its lowest level since May and coming in just below market expectations of 4.1%. The number of unemployed individuals declined by 37,000 to 6.85 million, while employment edged up by 2,234 to 163.9 million. Additionally, the labor force participation rate rose to 62.6%, and the employment-population ratio increased to 60.1%. Finally, the U-6 unemployment rate, which accounts for the officially unemployed along with marginally attached workers and those involuntarily working part-time for economic reasons, held steady at 7.5%. source: U.S. Bureau of Labor Statistics
Unemployment Rate in the United States decreased to 4 percent in January from 4.10 percent in December of 2024. Unemployment Rate in the United States averaged 5.68 percent from 1948 until 2025, reaching an all time high of 14.90 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 2025.
Unemployment Rate in the United States decreased to 4 percent in January from 4.10 percent in December of 2024. Unemployment Rate in the United States is expected to be 4.40 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 4.30 percent in 2026, according to our econometric models.