The US unemployment rate dropped to 11.1 percent in June 2020, easing further from an all-time high of 14.7 percent reached in April and remaining below market expectations of 12.3 percent, as many people returned to the labor market following weeks of coronavirus-induced restrictions. The number of unemployed persons fell by 3.2 million to 17.8 million, while employment rose by 4.9 million to 142.2 million. Although unemployment fell in May and June, the jobless rate and the number of unemployed are up by 7.6 percentage points and 12.0 million, respectively, since February.

Unemployment Rate in the United States averaged 5.75 percent from 1948 until 2020, reaching an all time high of 14.70 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 July of 2020. source: U.S. Bureau of Labor Statistics

Unemployment Rate in the United States is expected to be 12.00 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 8.00 in 12 months time. In the long-term, the United States Unemployment Rate is projected to trend around 7.00 percent in 2021 and 6.00 percent in 2022, according to our econometric models.

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United States Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
11.10 13.30 14.70 2.50 1948 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-03 12:30 PM Mar 4.4% 3.5% 3.8% 4%
2020-05-08 12:30 PM Apr 14.7% 4.4% 16% 15.5%
2020-06-05 12:30 PM May 13.3% 14.7% 19.8% 19.5%
2020-07-02 12:30 PM Jun 11.1% 13.3% 12.3% 12.3%
2020-08-07 12:30 PM Jul 11.1% 11%
2020-09-04 12:30 PM Aug
2020-10-02 12:30 PM Sep 12%
2020-11-06 01:30 PM Oct


News Stream
US Jobless Rate Falls More than Expected
The US unemployment rate dropped to 11.1 percent in June 2020, easing further from an all-time high of 14.7 percent reached in April and remaining below market expectations of 12.3 percent, as many people returned to the labor market following weeks of coronavirus-induced restrictions. The number of unemployed persons fell by 3.2 million to 17.8 million, while employment rose by 4.9 million to 142.2 million. Although unemployment fell in May and June, the jobless rate and the number of unemployed are up by 7.6 percentage points and 12.0 million, respectively, since February.
2020-07-02
US Jobless Rate Expected to Fall to 12.3%
The unemployment rate in the US is expected to fall to 12.3 percent in June of 2020 from 13.3 percent in May and a record high of 14.7 percent in April as many businesses reponed after weeks of COVID-19 lockdowns. Still, official figures may be far off the reality as many people are being classified as employed even though they are absent from work. It is estimated that considering absent from work as unemployed, the jobless rate would reach 16.3 percent in May and 19.7 percent in April.
2020-07-02
US Jobless Rate Falls Unexpectedly
The US unemployment rate dropped to 13.3 percent in May 2020 from the previous month's all-time high of 14.7 percent and below market expectations of 19.8 percent, as the economy gradually reopened. The number of unemployed persons fell by 2.1 million to 21.0 million as those who were on temporary layoff decreased by 2.7 million to 15.3 million. Among those not on temporary layoff, the number of permanent job losers continued to rise, increasing by 295,000 to 2.3 million. The number of employed rose by 3.8 million to 137.2 million and the labor force participation rate increased to 60.8 percent, after hitting the lowest since January 1973 the month before. Since February, the unemployment rate and the number of unemployed persons were up by 9.8 percentage points and 15.2 million, respectively.
2020-06-05
US Unemployment Rate Hits Record High
The US unemployment rate jumped to 14.7 percent in April 2020, the highest in the history of the series and compared to market expectations of 16 percent, as the Covid-19 crisis threw millions out of work. The number of unemployed persons rose by 15.9 million to 23.1 million, while the number of employed declined by 22.4 million to 133.4 million. The labor force participation rate decreased by 2.5 percentage points over the month to 60.2 percent, the lowest rate since January 1973.
2020-05-08

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.