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Unemployment Rate

The Unemployment Rate released by the US Bureau of Labor Statistics is a percentage that surges from dividing the number of unemployed workers by the total civilian labor force. It represents the percentage of people actively seeking employment and willing to work. Usually, as a higher rate is seen in recessionary economies, while on the ​contrary, a growing economy sees its unemployment rate decreasing. Therefore, a decrease of the figure is seen as positive (or bullish) for the USD, while an increase is seen as negative (or bearish), although by itself, the number can't determinate the markets move as it depends on the headline reading, the Nonfarm Payroll.

Most recent - Friday 5 April 2024 12:30

Previous
3.9%
Revised
-
Forecast
3.9%
Actual
3.8%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Friday 3 May 2024 12:30

Previous
3.8%
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Unemployment Rate yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Unemployment Rate was 3.8% against a forecast of 3.9%.

Past events

Date
Forecast
Actual
Friday 5 April 2024 12:30
3.9%
3.8%
Friday 8 March 2024 13:30
3.7%
3.9%
Friday 2 February 2024 13:30
3.8%
3.7%
Friday 5 January 2024 13:30
3.8%
3.7%
Friday 8 December 2023 13:30
3.9%
3.7%
Friday 3 November 2023 12:30
3.8%
3.9%
Friday 6 October 2023 12:30
3.7%
3.8%
Friday 1 September 2023 12:30
3.5%
3.8%
Friday 4 August 2023 12:30
3.6%
3.5%
Friday 7 July 2023 12:30
3.6%
3.6%
Friday 2 June 2023 12:30
3.5%
3.7%
Friday 5 May 2023 12:30
3.5%
3.4%
Friday 7 April 2023 12:30
3.6%
3.5%
Friday 10 March 2023 13:30
3.4%
3.6%
Friday 3 February 2023 13:30
3.6%
3.4%
Friday 6 January 2023 13:30
3.7%
3.5%
Friday 2 December 2022 13:30
3.7%
3.7%
Friday 4 November 2022 12:30
3.6%
3.7%
Friday 7 October 2022 12:30
3.7%
3.5%
Friday 2 September 2022 12:30
3.5%
3.7%
Friday 5 August 2022 12:30
3.6%
3.5%
Friday 8 July 2022 12:30
3.6%
3.6%
Friday 3 June 2022 12:30
3.5%
3.6%
Friday 6 May 2022 12:30
3.5%
3.6%
Friday 1 April 2022 12:30
3.7%
3.6%
Friday 4 March 2022 13:30
3.9%
3.8%
Friday 4 February 2022 13:30
3.9%
4%
Friday 7 January 2022 13:30
4.1%
3.9%
Friday 3 December 2021 13:30
4.5%
4.2%
Friday 5 November 2021 12:30
4.7%
4.6%
Friday 8 October 2021 12:30
5.1%
4.8%
Friday 3 September 2021 12:30
5.2%
5.2%
Friday 6 August 2021 12:30
5.7%
5.4%
Friday 2 July 2021 12:30
5.7%
5.9%
Friday 4 June 2021 12:30
5.9%
5.8%
Friday 7 May 2021 12:30
5.8%
6.1%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:

PreviousLatest
Existing Home Sales Change (MoM)Bearish change9.5%-4.3%
Initial Jobless Claims(no change)212K212K
Philadelphia Fed Manufacturing SurveyBullish change3.215.5
Industrial Production (MoM)(no change)0.4%0.4%
Building Permits (MoM)Bearish change1.523M1.458M
Housing Starts (MoM)Bearish change1.549M1.321M
NY Empire State Manufacturing IndexBullish change-20.9-14.3
Retail Sales (MoM)Bearish change0.9%0.7%
Retail Sales Control GroupBullish change0.3%1.1%
Retail Sales ex Autos (MoM)Bullish change0.6%1.1%
Michigan Consumer Sentiment IndexBearish change79.477.9
UoM 5-year Consumer Inflation ExpectationBullish change2.8%3%
Initial Jobless ClaimsBullish change222K211K
Producer Price Index (MoM)Bearish change0.6%0.2%
Producer Price Index (YoY)Bullish change1.6%2.1%
Producer Price Index ex Food & Energy (MoM)Bearish change0.3%0.2%
Producer Price Index ex Food & Energy (YoY)Bullish change2.1%2.4%
Monthly Budget StatementBullish change$-296B$-236B
Consumer Price Index (MoM)(no change)0.4%0.4%
Consumer Price Index (YoY)Bullish change3.2%3.5%
Consumer Price Index ex Food & Energy (MoM)(no change)0.4%0.4%
Consumer Price Index ex Food & Energy (YoY)(no change)3.8%3.8%

About Unemployment Rate

Country:United States
Currency:USD
Source:
Category:Labor Market
Frequency:Monthly
 
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