US Unemployment Rate

The US unemployment rate was 4.10% in Oct 2026.

The unemployment rate, monthly payrolls from the jobs report, jobless claims, job openings and wages.

US Unemployment Rate: Charts

Shaded bands are US recessions. Source: FRED, Federal Reserve Bank of St. Louis.

Payrolls

165K

Jobs added or lost each month (nonfarm payrolls).

Latest Oct 2026. Source: U.S. Bureau of Labor Statistics via FRED.Explore →
Show the figures
DateMonthly change
Oct 1165K
Sep 160K
Aug 1186K
Jul 1−10K
Jun 131K
May 163K
Apr 1148K
Mar 1214K
Feb 1−156K
Jan 1160K
Dec 1−17K
Nov 141K

Unemployment rate

4.10%

The share of the labour force without a job and looking for one.

Latest Oct 2026. Source: U.S. Bureau of Labor Statistics via FRED.Explore →
Show the figures
DateUnemployment rate
Oct 14.10%
Sep 14.20%
Aug 14.10%
Jul 14.10%
Jun 14.20%
May 14.30%
Apr 14.30%
Mar 14.30%
Feb 14.40%
Jan 14.30%
Dec 14.40%
Nov 14.50%

Jobless claims

200K

New claims for unemployment insurance each week: the most timely read on layoffs.

Latest Nov 2026. Source: U.S. Department of Labor via FRED.Explore →
Show the figures
DateInitial claims4-week average
Nov 7200K195.3K
Oct 31191K195.3K
Oct 24195K197K
Oct 17195K198K
Oct 10200K198.8K
Oct 3198K198.3K
Sep 26199K200.5K
Sep 19198K202.5K
Sep 12198K204K
Sep 5207K206.3K
Aug 29207K207.5K
Aug 22204K205.8K

Continuing claims

1.7M

People still claiming after their first week: rises when finding a new job takes longer.

Latest Oct 2026. Source: U.S. Department of Labor via FRED.Explore →
Show the figures
DateContinuing claims
Oct 311.7M
Oct 241.7M
Oct 171.7M
Oct 101.7M
Oct 31.7M
Sep 261.7M
Sep 191.7M
Sep 121.7M
Sep 51.7M
Aug 291.8M
Aug 221.8M
Aug 151.8M

Openings, hires, quits and layoffs

4.50%

Each as a share of employment (JOLTS). Quits rise when workers are confident of finding better pay.

Latest Sep 2026. Source: U.S. Bureau of Labor Statistics via FRED.Explore →
Show the figures
DateOpeningsHiresQuitsLayoffs
Sep 14.50%3.40%2.10%1.00%
Aug 14.30%3.30%1.90%1.10%
Jul 14.40%3.20%1.90%1.10%
Jun 14.30%3.40%2.00%1.10%
May 14.50%3.30%2.00%1.10%
Apr 14.60%3.30%1.90%1.00%
Mar 14.20%3.50%2.00%1.20%
Feb 14.20%3.10%1.90%1.10%
Jan 14.40%3.40%2.00%1.00%
Dec 14.00%3.30%2.00%1.10%
Nov 14.10%3.20%2.00%1.00%
Oct 14.30%3.30%1.90%1.20%

Job openings per unemployed person

1.06×

Above 1, there are more vacancies than jobseekers.

Latest Sep 2026. Source: FRED.
Show the figures
DateOpenings per unemployed
Sep 11.06×
Aug 11.02×
Jul 11.06×
Jun 11.01×
May 11.03×
Apr 11.03×
Mar 10.95×
Feb 10.91×
Jan 10.98×
Dec 10.87×
Nov 10.88×
Sep 10.94×

Unemployment, broader measure

4.10%

U-6 adds part-timers who want more hours and people who have stopped looking.

Latest Oct 2026. Source: U.S. Bureau of Labor Statistics via FRED.Explore →
Show the figures
DateUnemployment (U-3)Underemployment (U-6)
Oct 14.10%7.90%
Sep 14.20%7.60%
Aug 14.10%7.70%
Jul 14.10%7.90%
Jun 14.20%7.90%
May 14.30%8.10%
Apr 14.30%8.20%
Mar 14.30%8.00%
Feb 14.40%7.90%
Jan 14.30%8.10%
Dec 14.40%8.40%
Nov 14.50%8.70%

Participation & prime-age employment

61.90%

The share of adults working or looking, and the share of 25–54 year-olds in work.

Latest Oct 2026. Source: U.S. Bureau of Labor Statistics via FRED.Explore →
Show the figures
DateParticipation ratePrime-age employment rate
Oct 161.90%80.70%
Sep 161.80%80.70%
Aug 161.60%80.40%
Jul 161.40%80.40%
Jun 161.50%80.20%
May 161.80%80.80%
Apr 161.80%80.70%
Mar 161.90%80.70%
Feb 162.00%80.70%
Jan 162.10%80.80%
Dec 162.40%80.70%
Nov 162.50%80.60%

Upcoming Releases

The scheduled US releases that move these figures, from FRED's release calendar.

Full economic calendar →