Monthly US unemployment rate and long-term labor-market trend.
The US unemployment rate is the share of the labor force that is jobless and actively looking for work, reported monthly by the Bureau of Labor Statistics as part of the jobs report. It's one half of the Fed's dual mandate (alongside price stability) and a lagging-but-closely-watched signal of economic health — a rising rate often precedes or confirms a slowdown, while a falling rate signals a tightening labor market. This page tracks the monthly rate and its long-term trend.