US Unemployment Rate Holds at 4.1%
2026-09-04 12:34
By
Joana Ferreira
1 min. read
The US unemployment rate remained unchanged at 4.1% in August 2026, in line with market expectations.
The number of unemployed increased by 115,000 to 7.03 million, while total employment surged by 569,000 to 162.75 million.
The labor force expanded by 683,000 to 169.78 million, lifting the labor force participation rate to 61.6% from a five-year low of 61.4% in July.
The employment-to-population ratio also edged higher to 59.1%.
Meanwhile, the broader U-6 unemployment rate, which includes discouraged and underemployed workers, eased to 7.7% from 7.9%, pointing to a modest improvement in broader labor-market conditions.