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Unemployment rate

Sep 2026
4.2%
Previous (Aug 2026)
4.1%
A year ago
4.4%
Next release Fri, Nov 6, 8:30 AM ET
Last 5 years3.4% ~ 4.5%
Nov 2021Sep 2026

What it is

The share of people in the labor force who are looking for work and don't have a job.

Why it matters

Maximum employment is half of the Fed's mandate. A quick rise is a classic recession signal.

Recent readings

  • Sep 20264.2%
  • Aug 20264.1%
  • Jul 20264.1%
  • Jun 20264.2%
  • May 20264.3%
  • Apr 20264.3%
  • Mar 20264.3%
  • Feb 20264.4%
  • Jan 20264.3%
  • Dec 20254.4%
  • Nov 20254.5%
  • Sep 20254.4%
Nonfarm payrolls +29KGDP growth 2.2%Retail sales +0.8%

Source: BLS · Figures are official statistics as published on FRED (St. Louis Fed) and the Bank of Korea's ECOS; year-over-year and month-over-month changes are calculated from them. Data can be revised.