By the Numbers

Unemployment rate

The share of the civilian labor force that is unemployed and looking for work, seasonally adjusted.

Latest (October 2026)4.1%Percent of the labor force
Previous (September 2026)4.2%
High since January 200014.8%April 2020
Low since January 20003.4%April 2023

Unemployment rate

3.5% 3.75% 4% 4.25% 4.5% 2022 2023 2024 2025 2026

Percent of the labor force. Monthly data.

The last 24 months

Month Value Change
October 2026 4.1% -0.1 pts
September 2026 4.2% +0.1 pts
August 2026 4.1% 0.0 pts
July 2026 4.1% -0.1 pts
June 2026 4.2% -0.1 pts
May 2026 4.3% 0.0 pts
April 2026 4.3% 0.0 pts
March 2026 4.3% -0.1 pts
February 2026 4.4% +0.1 pts
January 2026 4.3% -0.1 pts
December 2025 4.4% -0.1 pts
November 2025 4.5% +0.1 pts
September 2025 4.4% +0.1 pts
August 2025 4.3% 0.0 pts
July 2025 4.3% +0.2 pts
June 2025 4.1% -0.2 pts
May 2025 4.3% +0.1 pts
April 2025 4.2% 0.0 pts
March 2025 4.2% 0.0 pts
February 2025 4.2% +0.2 pts
January 2025 4.0% -0.1 pts
December 2024 4.1% -0.1 pts
November 2024 4.2% +0.1 pts
October 2024 4.1% 0.0 pts

Sources: U.S. Bureau of Labor Statistics, Current Population Survey, FRED, Federal Reserve Bank of St. Louis (UNRATE). Updated November 9, 2026. Latest figure: October 2026. Figures are as published and may be revised by the source.

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