Current Unemployment Situation
Most Recent BLS Data
- The most recent data is from the Bureau of Labor Statistics (BLS).
Unemployment Rate - Recent History
- December 2024: The unemployment rate changed little, standing at 4.1 percent.
- Total nonfarm payroll employment increased by 256,000 in December 2024.
- Employment trended up in health care, government, and social assistance.
- Retail trade added jobs in December, following a job loss in November.
Discouraged and Marginally Attached Workers
- Marginally attached workers are persons not in the labor force who want and are available for a job and who have looked for work sometime in the prior 12 months but were not counted as unemployed because they had not actively looked for work in the 4 weeks preceding the survey.
- Discouraged workers are a subset of the marginally attached; they are not currently looking for work specifically because they believe no jobs are available for them.
U3, U4, & U6 Unemployment Measures
- U-1: Persons unemployed 15 weeks or longer as a percentage of the civilian labor force.
- U-2: Job losers and persons who completed temporary jobs as a percentage of the civilian labor force.
- U-3: Total unemployed as a percentage of the civilian labor force (official unemployment rate).
- U-4: Total unemployed plus discouraged workers as a percentage of the civilian labor force plus discouraged workers.
- U-5: Total unemployed, plus discouraged workers, plus all other marginally attached workers as a percentage of the civilian labor force plus all marginally attached workers.
- U-6: Total unemployed, plus all marginally attached workers, plus total employed part-time for economic reasons as a percentage of the civilian labor force plus all marginally attached workers.
Unemployment by Education
- Unemployment rates vary significantly based on educational attainment.
- Generally, higher levels of education correlate with lower unemployment rates.
Labor Force Participation Rate
- The labor force participation rate is the percentage of the civilian noninstitutional population that is in the labor force.
- The labor force includes all people who are either employed or actively seeking employment.
International Unemployment Rates (May 2024 or Latest Available)
- Spain: 11.7%
- Greece: 10.6%
- Colombia: 10.0%
- Costa Rica: 8.5%
- Türkiye: 8.5%
- Sweden: 8.2%
- Finland: 8.2%
- Chile: 8.1%
- Lithuania: 7.7%
- France: 7.4%
- Estonia: 7.4%
- Italy: 6.8%
- Latvia: 6.7%
- Portugal: 6.5%
- Canada: 6.4% (June 2024)
- Belgium: 5.9%
- Denmark: 5.8%
- Luxembourg: 5.7%
- Slovak Republic: 5.5%
- Austria: 5.0%
- OECD: 4.9%
- United Kingdom: 4.4% (March 2024)
- New Zealand: 4.3% (Q1 2024)
- Hungary: 4.3%
- United States: 4.1% (June 2024)
- Norway: 4.1%
- Switzerland: 4.1% (Q1 2024)
- Australia: 4.0%
- Ireland: 4.0%
- Netherlands: 3.6%
- Iceland: 3.5% (February 2024)
- Israel: 3.4%
- Germany: 3.3%
- Slovenia: 3.2%
- Poland: 3.0%
- Korea: 2.8%
- Czechia: 2.7%
- Mexico: 2.6%
- Japan: 2.6%