United States Unemployment Rate 1948-2014 | Data | Chart | Calendar

Unemployment Rate in the United States decreased to 5.80 percent in October of 2014 from 5.90 percent in September of 2014. Unemployment Rate in the United States averaged 5.83 Percent from 1948 until 2014, reaching an all time high of 10.80 Percent in November of 1982 and a record low of 2.50 Percent in May of 1953. Unemployment Rate in the United States is reported by the U.S. Bureau of Labor Statistics.

   
  Forecast  

United States Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.90 10.80 2.50 1948 - 2014 percent Monthly
In the United States, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - United States Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - United States Unemployment Rate - was last refreshed on Monday, November 24, 2014.


US Unemployment Rate Drops Further


US jobless rate decreased for the third consecutive month to a fresh six-year low 5.8 percent in October from 5.9 percent in September. The number of unemployed persons edged down to 9.0 million.

Since the beginning of the year, the unemployment rate and the number of unemployed persons have declined by 0.8 percentage point and 1.2 million, respectively. 

In October, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.9 million. These individuals accounted for 32.0 percent of the unemployed. Over the past 12 months, the number of long-term unemployed has declined by 1.1 million.

The civilian labor force participation rate was little changed at 62.8 percent in October and has been essentially flat since April. The employment-population ratio increased to 59.2 percent in October. 

The number of persons employed part time for economic reasons was about unchanged in October at 7.0 million. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job. 

In October, 2.2 million persons were marginally attached to the labor force, little changed from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. 

Among the marginally attached, there were 770,000 discouraged workers in October, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.4 million persons marginally attached to the labor force in October had not searched for work for reasons such as school attendance or family responsibilities. 

BLS | Joana Taborda | joana.taborda@tradingeconomics.com
11/7/2014 1:39:25 PM


Recent Releases

US Unemployment Rate Down to 6-Year Low
US jobless rate decreased to 5.9 percent in September from 6.1 percent in August, the lowest rate since July of 2008. The number of unemployed persons decreased by 329,000 to 9.3 million. Published on 2014-10-03

US Unemployment Rate Falls in August
US jobless rate decreased to 6.1 percent in August from 6.2 percent in July. Over the year, the unemployment rate and the number of unemployed persons were down by 1.1 percentage points and 1.7 million, respectively. Published on 2014-09-05


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-05 01:30 PM
Unemployment Rate  Aug 2014
6.1% 6.2% 6.1% 6.2%
2014-10-03 01:30 PM
Unemployment Rate  Sep 2014
5.9% 6.1% 6.1% 6.1%
2014-11-07 01:30 PM
Unemployment Rate  Oct 2014
5.8% 5.9% 5.9% 5.8%
2014-12-05 01:30 PM
Unemployment Rate  Nov 2014
5.8% 5.7%


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 5.90 10.80 2.50 percent [+]
Non Farm Payrolls 214.00 265.00 1114.00 -1966.00 Thousand [+]
Government Payrolls 5.00 12.00 422.00 -260.00 Thousand [+]
Nonfarm Payrolls Private 209.00 244.00 1089.00 -821.00 Thousand [+]
Manufacturing Payrolls 15.00 9.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 291.00 288.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2330.00 2356.00 6635.00 988.00 Thousand [+]
Adp Employment Change 230.00 225.00 336.70 -842.00 Thousand [+]
Employed Persons 147283.00 146600.00 147283.00 57635.00 Thousand [+]
Unemployed Persons 8995.00 9262.00 15382.00 1596.00 Thousand [+]
Job Vacancies 4762.00 5000.00 5771.00 2134.00 Thousand [+]
Long Term Unemployment Rate 2.02 1.98 2.80 1.98 percent [+]
Youth Unemployment Rate 12.70 13.70 19.60 7.80 percent [+]
Productivity 106.62 106.11 106.62 27.55 Index Points [+]
Average Hourly Earnings 0.10 0.00 0.60 -0.15 percent [+]
Average Weekly Hours 34.60 34.50 34.70 33.80 Hours [+]
Labor Force Participation Rate 62.80 62.70 67.30 58.10 percent [+]
Challenger Job Cuts 51183.00 30477.00 248475.00 15100.00 Persons [+]
Wages 10.34 10.33 10.41 9.88 USD [+]
Wages in Manufacturing 19.59 19.61 19.61 1.27 USD [+]
Labour Costs 105.05 104.96 105.10 17.12 Index Points [+]
Population 317.30 315.09 317.30 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 65.83 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Job Offers 4735.00 4853.00 5273.00 2146.00 Hundreds [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.20 Oct/14 6.20 10.90 4.00 percent [+]
Brazil 4.70 Oct/14 4.90 13.10 4.30 percent [+]
Canada 6.50 Oct/14 6.80 13.10 2.90 percent [+]
China 4.10 Sep/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Sep/14 11.50 12.00 7.20 percent [+]
France 10.20 May/14 10.10 10.80 7.20 percent [+]
Germany 5.00 Sep/14 5.00 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 12.60 Sep/14 12.50 12.80 5.90 percent [+]
Japan 3.60 Sep/14 3.50 5.60 1.00 percent [+]
Mexico 5.08 Sep/14 5.18 5.93 2.22 percent [+]
Netherlands 8.00 Oct/14 8.00 8.80 3.40 percent [+]
Russia 5.10 Oct/14 4.90 14.10 4.80 percent [+]
South Korea 3.50 Oct/14 3.50 7.10 2.90 percent [+]
Spain 23.67 Aug/14 24.47 26.94 4.41 percent [+]
Switzerland 3.10 Oct/14 3.00 5.40 1.60 percent [+]
Turkey 10.10 Aug/14 9.80 16.10 8.00 percent [+]
United Kingdom 6.00 Sep/14 6.00 12.00 3.40 percent [+]
United States 5.80 Oct/14 5.90 10.80 2.50 percent [+]