Federal Reserve Economic Data: Your trusted data source since 1991

Unemployment Rate (UNRATE)

Observation:

May 2024: 4.0 (+ more)   Updated: Jun 7, 2024 7:51 AM CDT
May 2024:  4.0  
Apr 2024:  3.9  
Mar 2024:  3.8  
Feb 2024:  3.9  
Jan 2024:  3.7  
View All

Units:

Percent,
Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Percent, Seasonally Adjusted

Frequency:  Monthly

Notes:

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, June 15, 2024.

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