Federal Reserve Economic Data: Your trusted data source since 1991

Unemployment Rate (UNRATE)


Oct 2023: 3.9 (+ more)   Updated: Nov 3, 2023
Oct 2023:  3.9  
Sep 2023:  3.8  
Aug 2023:  3.8  
Jul 2023:  3.5  
Jun 2023:  3.6  
View All


Seasonally Adjusted




Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Percent, Seasonally Adjusted

Frequency:  Monthly


The unemployment rate represents the number of unemployed as a percentage of the labor force. Labor force data are restricted to people 16 years of age and older, who currently reside in 1 of the 50 states or the District of Columbia, who do not reside in institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.

This rate is also defined as the U-3 measure of labor underutilization.

The series comes from the 'Current Population Survey (Household Survey)'

The source code is: LNS14000000

Suggested Citation:

U.S. Bureau of Labor Statistics, Unemployment Rate [UNRATE], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/UNRATE, November 29, 2023.

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