The percentage of the labor force that is jobless and actively seeking employment. Published monthly, it's a key indicator of economic health. Lower unemployment typically means stronger wage growth.
The percentage of the labor force that is jobless and actively seeking employment. Published monthly, it's a key indicator of economic health. Lower unemployment typically means stronger wage growth.
This data is updated automatically from FRED (Federal Reserve Economic Data). Most rates are updated daily or weekly. Check back regularly for the latest figures.
Unemployment influences borrowing costs, savings rates, and investment returns. When rates rise, mortgages and loans become more expensive; when they fall, borrowing becomes cheaper and existing bonds lose value.
All data is sourced from FRED (Federal Reserve Economic Data), the official economic database maintained by the Federal Reserve Bank of St. Louis. FRED provides free access to US economic and financial data.