Unemployment in USA

United States Unemployment | Economic News & Forecasts

USA - Unemployment

Labor market continues to tighten in December

Total non-farm payrolls increased by 199,000 in December, following November’s 249,000 increase in payrolls. Employment gains occurred in professional and business services, and food services.

The unemployment rate ticked down to 3.9% in December from 4.2% in November, and the labor force participation rate was stable at November’s 61.9% in December. Hourly earnings rose 0.6% month-on-month in December (November: +0.4% mom), while annual wage growth dipped to 4.7% from 5.1% in November.

FocusEconomics panelists expect the unemployment rate to average 4.0% in 2022, which is down 0.2 percentage points from last month’s forecast, and 3.7% in 2023.

United States - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate5.3  4.9  4.3  3.9  3.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

United States Unemployment Chart


USA Unemployment

United States Facts

Value Change Date
Bond Yield1.92-0.43 %Dec 31
Exchange Rate1.120.65 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form