The Unemployment Rate represents the percentage of the total labor force that is unemployed and actively seeking employment during the previous month. It is one of the most closely watched economic indicators as it reflects the health of the labor market and overall economic vitality. A declining rate suggests economic expansion and potential upward pressure on wages.
The rate is derived from the Household Survey (Current Population Survey) conducted by the Bureau of Labor Statistics, covering approximately 60,000 households.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Oct 27, 2026 | — | 10.10 | — |
| Jul 28, 2026 | 9.87 | 10.70 | -0.83 |
| Apr 28, 2026 | 10.83 | 9.80 | +1.03 |
| Jan 27, 2026 | 9.93 | 10.60 | -0.67 |
| Oct 24, 2025 | 10.45 | 10.20 | +0.25 |
| Jul 24, 2025 | 10.29 | 10.70 | -0.41 |
| Apr 28, 2025 | 11.36 | 10.70 | +0.66 |
| Jan 28, 2025 | 10.61 | 11.10 | -0.49 |
| Oct 25, 2024 | 11.21 | 11.20 | +0.01 |
| Jul 26, 2024 | 11.27 | 11.40 | -0.13 |
| Apr 26, 2024 | 12.29 | 11.80 | +0.49 |
| Jan 26, 2024 | 11.76 | 11.90 | -0.14 |
| Oct 26, 2023 | 11.84 | 11.50 | +0.34 |
| Jul 27, 2023 | 11.60 | 13.00 | -1.40 |
| Apr 27, 2023 | 13.26 | 12.90 | +0.36 |
| Jan 26, 2023 | 12.87 | 12.50 | +0.37 |
| Oct 27, 2022 | 12.67 | 11.90 | +0.77 |
| Jul 28, 2022 | 12.48 | 13.00 | -0.52 |
| Apr 28, 2022 | 13.65 | 13.10 | +0.55 |
| Jan 27, 2022 | 13.33 | 14.20 | -0.87 |
| Oct 28, 2021 | 14.57 | 14.20 | +0.37 |
The latest reading is 1.6 standard deviations below the mean.
