United States Unemployment Rate

Unemployment Rate in the United States decreased to 6.10 percent in June of 2014 from 6.30 percent in May 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.

   
 
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United States Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
6.10 6.30 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.


US Unemployment Rate Falls to 6.1%


US jobless rate declined by 0.2 percentage point to 6.1 percent in June. The number of unemployed persons decreased by 325,000 to 9.5 million. Over the year, the unemployment rate and the number of unemployed persons have declined by 1.4 percentage points and 2.3 million, respectively.

Among the major worker groups, the unemployment rates for adult women (5.3 percent) and blacks (10.7 percent) declined in June, and the rate increased for teenagers (21.0 percent). The rates for adult men (5.7 percent), whites (5.3 percent), and Hispanics (7.8 percent) showed little change. The jobless rate for Asians was 5.1 percent (not seasonally adjusted), little changed from a year earlier. 

The number of long-term unemployed (those jobless for 27 weeks or more) declined by 293,000 in June to 3.1 million; these individuals accounted for 32.8 percent of the unemployed. Over the past 12 months, the number of long-term unemployed has decreased by 1.2 million. (See table A-12.)

In June, the civilian labor force participation rate was 62.8 percent for the third consecutive month. The employment-population ratio, at 59.0 percent, showed little change over the month but is up by 0.3 percentage point over the year.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) increased by 275,000 in June to 7.5 million. The number of involuntary part-time workers is down over the year but has shown no clear trend in recent months. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job. 

In June, 2.0 million persons were marginally attached to the labor force, down by 554,000 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 676,000 discouraged workers in June, a decrease of 351,000 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 1.4 million persons marginally attached to the labor force in June had not searched for work for reasons such as school attendance or family responsibilities. 

U.S. Bureau Labor Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
7/3/2014 2:04:43 PM


Recent Releases

US Unemployment Rate Stable in May
US jobless rate held at 6.3 percent in May, following a decline of 0.4 percentage point in April. The number of unemployed persons was unchanged at 9.8 million. Published on 2014-06-06

US Unemployment Rate Down to 5-1/2 Year Low
In April of 2014, the jobless rate fell from 6.7 percent to 6.3 percent, the lowest rate since September of 2008, as both unemployed reentering the labor market and new entrants into the labor force fell. Published on 2014-05-02


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-04 01:30 PM United States
Unemployment Rate
Mar 2014 6.7% 6.7% 6.6% 6.6%
2014-05-02 01:30 PM United States
Unemployment Rate
Apr 2014 6.3% 6.7% 6.6% 6.5%
2014-06-06 01:30 PM United States
Unemployment Rate
May 2014 6.3% 6.3% 6.4% 6.4%
2014-07-03 01:30 PM United States
Unemployment Rate
Jun 2014 6.1% 6.3% 6.3% 6.3%
2014-08-01 01:30 PM United States
Unemployment Rate
Jul 2014 6.1% 6.1% 6.1%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 6.30 10.80 2.50 Percent [+]
Non Farm Payrolls 288.00 224.00 1114.00 -1966.00 Thousand [+]
Government Payrolls 26.00 0.00 422.00 -260.00 Thousand [+]
Nonfarm Payrolls - Private 262.00 224.00 1089.00 -821.00 Thousand [+]
Manufacturing Payrolls 16.00 11.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 284.00 316.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2500.00 2586.00 6635.00 988.00 Thousand [+]
Adp Employment Change 281.00 179.50 336.70 -842.00 Thousand [+]
Employed Persons 146221.00 145814.00 146595.00 57635.00 Thousand [+]
Unemployed Persons 9474.00 9799.00 15382.00 1596.00 Thousand [+]
Job Vacancies 4694.00 4938.00 5771.00 2134.00 Thousand [+]
Long Term Unemployment Rate 2.17 2.22 2.80 2.17 Percent [+]
Youth Unemployment Rate 13.30 13.20 19.60 7.80 Percent [+]
Productivity 106.12 107.06 107.06 31.67 Index Points [+]
Average Hourly Earnings 0.25 0.21 0.60 -0.15 Percent [+]
Average Weekly Hours 34.50 34.50 34.70 33.80 Hours [+]
Labor Force Participation Rate 63.40 62.90 68.10 57.40 Percent [+]
Challenger Job Cuts 31434.00 52961.00 248475.00 15100.00 Persons [+]
Wages 10.29 10.29 10.41 9.88 USD [+]
Wages in Manufacturing 19.52 19.52 19.55 1.27 USD [+]
Labour Costs 104.08 102.55 104.08 18.26 Index Points [+]
Population 317.30 315.09 317.30 180.67 Million [+]
Retirement Age Women 66.00 66.00 66.00 65.83 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]





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