United States Unemployment Rate  1948-2017 | Data | Chart | Calendar

US unemployment rate fell to 4.5 percent in March 2017 from 4.7 percent in the previous month, better than market expectations of 4.7 percent. It was the lowest jobless rate since May 2007, as the number of unemployed persons declined by 326,000 to 7.2 million while the labor force participation rate was unchanged at an 11-month high of 63 percent. Unemployment Rate in the United States averaged 5.81 percent from 1948 until 2017, 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.

United States Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-03 01:30 PM Jan 4.8% 4.7% 4.7% 4.7%
2017-03-10 01:30 PM Feb 4.7% 4.8% 4.7% 4.8%
2017-04-07 12:30 PM Mar 4.5% 4.7% 4.7% 4.7%
2017-05-05 12:30 PM Apr 4.5% 4.6% 4.7%
2017-06-02 12:30 PM May 4.7%
2017-07-07 12:30 PM Jun 4.7%




US Unemployment Rate Falls To Near 10-Year Low


US unemployment rate fell to 4.5 percent in March 2017 from 4.7 percent in the previous month, better than market expectations of 4.7 percent. It was the lowest jobless rate since May 2007, as the number of unemployed persons declined by 326,000 to 7.2 million while the labor force participation rate was unchanged at an 11-month high of 63 percent.

Among the major worker groups, the unemployment rates for adult women (4.0 percent), Whites (3.9 percent), and Hispanics (5.1 percent) declined in March. The jobless rates for adult men (4.3 percent), teenagers (13.7 percent), Blacks (8.0 percent), and Asians (3.3 percent) showed little or no change.

The number of persons unemployed less than 5 weeks declined by 232,000 to 2.3 million. The number of long-term unemployed (those jobless for 27 weeks or more) was little changed over the month at 1.7 million and accounted for 23.3 percent of the unemployed. Over the past 12 months, the number of long-term unemployed was down by 526,000.

The labor force participation rate remained at 63.0 percent in March, and the employment-population ratio, at 60.1 percent, changed little. The employment-population ratio has edged up over the year, while the labor force participation rate has shown no clear trend. 

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers), at 5.6 million, was little changed in March but was down by 567,000 over the year. 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 full-time jobs.

There were 1.6 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 460,000 discouraged workers in March, down by 125,000 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 1.1 million persons marginally attached to the labor force in March had not searched for work for reasons such as school attendance or family responsibilities. 

BLS | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/7/2017 12:42:43 PM



United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.70 10.80 2.50 percent [+]
Non Farm Payrolls 98.00 219.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 89.00 221.00 1089.00 -816.00 Thousand [+]
Government Payrolls 9.00 -2.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 11.00 26.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 244.00 234.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1979.00 2028.00 6635.00 988.00 Thousand [+]
ADP Employment Change 263.00 245.00 384.00 -846.00 Thousand [+]
Employed Persons 153000.00 152528.00 153000.00 57635.00 Thousand [+]
Unemployed Persons 7202.00 7528.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.30 34.30 34.60 33.70 Hours [+]
Labor Force Participation Rate 63.00 63.00 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.05 1.13 2.80 1.05 percent [+]
Youth Unemployment Rate 9.10 9.90 19.50 7.80 percent [+]
Labour Costs 111.21 110.75 111.21 17.12 Index Points [+]
Productivity 107.40 107.00 107.40 27.60 Index Points [+]
Job Vacancies 5592.00 5582.00 6197.00 2132.00 Thousand [+]
Job Offers 5743.00 5625.00 5973.00 2196.00 Thousands [+]
Challenger Job Cuts 43310.00 36957.00 248475.00 15100.00 Persons [+]
Wages 21.90 21.86 21.90 2.50 USD/Hour [+]
Wages in Manufacturing 20.69 20.63 20.69 1.27 USD/Hour [+]
Wage Growth 4.47 3.76 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.50 0.60 1.60 0.20 percent [+]
Labor Market Conditions Index 0.40 1.50 32.40 -49.00 Index Points [+]
Population 324.30 322.06 324.30 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Living Wage Family 1496.20 1497.50 2680.00 1433.00 USD/Month [+]
Living Wage Individual 1407.76 1399.20 1407.76 1302.75 USD/Month [+]
Part Time Employment 27603.00 27554.00 28134.00 10086.00 Thousand [+]
Full Time Employment 125507.00 125031.00 125507.00 64640.00 Thousand [+]
Employment Rate 60.10 60.00 64.70 55.00 percent [+]
Wages Low Skilled 1780.00 1810.00 1860.00 1450.00 USD/Month [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 USD/Month [+]


United States Unemployment Rate Notes

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 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 - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.70 10.80 2.50 1948 - 2017 percent Monthly



Last
Djibouti 54.00 Dec/10
Congo 46.10 Dec/13
Bosnia and Herzegovina 40.58 Jan/17
Afghanistan 40.00 Dec/15
Kenya 40.00 Dec/11
Kosovo 32.90 Dec/15
Gambia 29.80 Dec/13
Yemen 29.00 Dec/11
Namibia 28.10 Dec/14
Republic of the Congo 26.60 Dec/10
South Africa 26.50 Dec/16
Angola 26.00 Dec/14
Palestine 25.70 Dec/16
Lesotho 25.30 Dec/08
Greece 23.50 Jan/17
Macedonia 23.10 Dec/16
Montenegro 22.52 Feb/17
Equatorial Guinea 22.30 Dec/09
Guyana 21.00 Dec/11
Gabon 20.30 Dec/13
Botswana 20.00 Dec/13
Libya 19.50 Dec/11
Sudan 19.50 Dec/14
Spain 18.63 Dec/16
Armenia 17.40 Dec/16
Mozambique 17.00 Dec/07
Ethiopia 16.80 Dec/15
Senegal 16.60 Dec/16
Iraq 16.40 Dec/14
Jordan 15.80 Dec/16
Tunisia 15.50 Dec/16
Cape Verde 15.00 Dec/16
Syria 14.90 Dec/12
Bahamas 14.80 Dec/15
New Caledonia 14.60 Dec/14
Albania 14.50 Dec/16
Eritrea 14.50 Dec/84
Croatia 14.40 Mar/17
Nigeria 13.90 Sep/16
Sao Tome and Principe 13.60 Dec/12
Dominican Republic 13.30 Sep/16
Zambia 13.30 Dec/14
Brazil 13.20 Feb/17
Rwanda 13.20 Feb/16
Serbia 13.00 Dec/16
Turkey 13.00 Jan/17
Cyprus 12.90 Feb/17
Jamaica 12.90 Sep/16
Mauritania 12.85 Dec/14
Iran 12.70 Sep/16
Egypt 12.40 Dec/16
Georgia 12.00 Dec/15
South Sudan 12.00 Dec/08
Maldives 11.60 Dec/14
Italy 11.50 Feb/17
Puerto Rico 11.30 Feb/17
Zimbabwe 11.30 Dec/14
East Timor 11.00 Dec/13
Slovenia 10.90 Feb/17
Uzbekistan 10.70 Dec/13
Algeria 10.50 Sep/16
Colombia 10.50 Feb/17
Portugal 10.50 Dec/16
Tanzania 10.30 Dec/14
Barbados 10.20 Sep/16
Belize 10.10 Dec/15
France 10.00 Dec/16
Turkmenistan 10.00 Dec/15
Ukraine 10.00 Dec/16
Costa Rica 9.50 Dec/16
Euro Area 9.50 Feb/17
Morocco 9.40 Dec/16
Latvia 9.30 Dec/16
Finland 9.20 Feb/17
Austria 8.90 Mar/17
Suriname 8.90 Dec/15
Mongolia 8.60 Dec/16
Poland 8.50 Feb/17
Lithuania 8.30 Mar/17
Bulgaria 8.21 Feb/17
Mali 8.20 Dec/14
Uruguay 8.20 Feb/17
European Union 8.00 Feb/17
Slovakia 8.00 Mar/17
Fiji 7.90 Dec/14
Burundi 7.70 Dec/12
Peru 7.70 Mar/17
Argentina 7.60 Dec/16
Central African Republic 7.60 Dec/12
Guinea Bissau 7.60 Dec/13
Bolivia 7.40 Dec/13
Paraguay 7.40 Dec/16
Sweden 7.40 Feb/17
Honduras 7.30 Dec/15
Venezuela 7.30 Apr/16
Oman 7.20 Dec/14
Togo 7.10 Dec/14
Belgium 7.00 Feb/17
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/15
Brunei 6.90 Dec/14
Haiti 6.80 Dec/14
Nicaragua 6.80 Dec/14
Canada 6.70 Mar/17
Swaziland 6.70 Dec/13
Burkina Faso 6.60 Dec/14
Estonia 6.60 Dec/16
Malawi 6.60 Dec/13
Mauritius 6.60 Dec/16
Philippines 6.60 Mar/17
Chile 6.40 Feb/17
Ireland 6.40 Mar/17
Lebanon 6.40 Dec/14
Luxembourg 6.00 Mar/17
Pakistan 5.90 Dec/15
Australia 5.88 Mar/17
Saudi Arabia 5.70 Sep/16
Indonesia 5.61 Sep/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Panama 5.60 Dec/16
Romania 5.40 Feb/17
Russia 5.40 Mar/17
Ivory Coast 5.30 Dec/13
Ecuador 5.20 Dec/16
Ghana 5.20 Dec/13
New Zealand 5.20 Dec/16
Netherlands 5.10 Mar/17
Azerbaijan 5.00 Dec/15
India 4.90 Dec/13
Kazakhstan 4.90 Mar/17
Czech Republic 4.80 Mar/17
United Kingdom 4.70 Feb/17
Seychelles 4.50 Dec/16
United States 4.50 Mar/17
Hungary 4.40 Feb/17
Trinidad and Tobago 4.40 Jun/16
Bangladesh 4.30 Dec/14
Denmark 4.30 Feb/17
Israel 4.30 Feb/17
Malta 4.20 Dec/16
Norway 4.20 Jan/17
Sri Lanka 4.20 Dec/16
United Arab Emirates 4.20 Dec/12
North Korea 4.10 Dec/14
China 4.02 Dec/16
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
Germany 3.90 Feb/17
Taiwan 3.84 Mar/17
Liberia 3.80 Dec/14
Moldova 3.80 Dec/16
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
South Korea 3.70 Mar/17
Malaysia 3.50 Feb/17
Switzerland 3.40 Mar/17
Sierra Leone 3.30 Dec/14
Hong Kong 3.20 Mar/17
Mexico 3.19 Mar/17
Guatemala 3.10 Jun/16
Iceland 3.10 Feb/17
Nepal 3.00 Dec/14
Japan 2.80 Feb/17
Bhutan 2.50 Dec/16
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Tajikistan 2.30 Dec/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Kyrgyzstan 2.20 Jan/17
Singapore 2.20 Dec/16
Vietnam 2.11 Dec/16
Macau 2.00 Feb/17
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Madagascar 1.20 Dec/12
Thailand 1.10 Feb/17
Benin 1.00 Dec/13
Belarus 0.90 Feb/17
Cambodia 0.50 Dec/15
Qatar 0.20 Sep/16