The US unemployment rate held steady at 4.2% in May 2025 for a second straight month, matching market expectations. The rate has remained within a narrow 4.0%–4.2% range since May 2024. The number of unemployed rose by 71,000 to 7.237 million, while employment dropped sharply by 696,000 to 163.273 million. The labor force participation rate declined by 0.2 percentage points to 62.4%, matching February's two-year low, while the employment-population ratio declined by 0.3 percentage point to 59.7%, reaching the lowest level since January 2022. Additionally, the U-6 unemployment rate, which includes those marginally attached to the labor force and those working part-time for economic reasons, was unchanged at 7.8%. source: U.S. Bureau of Labor Statistics
Unemployment Rate in the United States remained unchanged at 4.20 percent in May. Unemployment Rate in the United States averaged 5.68 percent from 1948 until 2025, reaching an all time high of 14.90 percent in April of 2020 and a record low of 2.50 percent in May of 1953. This page provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2025.
Unemployment Rate in the United States remained unchanged at 4.20 percent in May. Unemployment Rate in the United States is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Unemployment Rate is projected to trend around 4.30 percent in 2026 and 4.20 percent in 2027, according to our econometric models.