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Unemployment Rate

Share of the labor force looking for work and not finding it.

Unemployment Rate
4.2%
Percent · latest, Jun 2026
vs prior month▼ 0.1 pp
vs year ago▲ 0.1 pp
1948-49 Recession · Nov 1948 – Oct 19491953-54 Recession · Jul 1953 – May 19541957-58 Recession · Aug 1957 – Apr 19581960-61 Recession · Apr 1960 – Feb 19611969-70 Recession · Dec 1969 – Nov 19701973-75 Recession · Nov 1973 – Mar 19751980 Recession · Jan 1980 – Jul 19801981-82 Recession · Jul 1981 – Nov 19821990-91 Recession · Jul 1990 – Mar 19912001 Recession · Mar 2001 – Nov 2001Global Financial Crisis · Dec 2007 – Jun 2009COVID-19 Recession · Feb 2020 – Apr 20204%6%8%10%12%14%195019601970198019902000201020204.2%
Unemployment Rate — one value per year; US recessions are shaded on the chart.
YearUnemployment Rate
19484.0%
19496.6%
19504.3%
19513.1%
19522.7%
19534.5%
19545.0%
19554.2%
19564.2%
19575.2%
19586.2%
19595.3%
19606.6%
19616.0%
19625.5%
19635.5%
19645.0%
19654.0%
19663.8%
19673.8%
19683.4%
19693.5%
19706.1%
19716.0%
19725.2%
19734.9%
19747.2%
19758.2%
19767.8%
19776.4%
19786.0%
19796.0%
19807.2%
19818.5%
198210.8%
19838.3%
19847.3%
19857.0%
19866.6%
19875.7%
19885.3%
19895.4%
19906.3%
19917.3%
19927.4%
19936.5%
19945.5%
19955.6%
19965.4%
19974.7%
19984.4%
19994.0%
20003.9%
20015.7%
20026.0%
20035.7%
20045.4%
20054.9%
20064.4%
20075.0%
20087.3%
20099.9%
20109.3%
20118.5%
20127.9%
20136.7%
20145.6%
20155.0%
20164.7%
20174.1%
20183.9%
20193.6%
20206.7%
20213.9%
20223.5%
20233.8%
20244.1%
20254.4%
20264.2%

Hover the line to read any month. Drag across the chart to zoom; double-click to reset.

Source: FRED · UNRATE · series · Jan 1948 to Jun 2026 · latest-revised

Refreshed Jul 31, 2026 from FRED.

Share of the labor force looking for work and not finding it.

Civilian unemployment rate (U-3): the unemployed as a share of the labor force.

Source: FRED · Jun 2026 · Full lesson → Learn

About the bands. Shaded spans are NBER-dated US recessions, drawn as factual overlays. They mark when the economy contracted, not why. Lining an event up with a move is not evidence it caused the move.

Read across

No single number is the economy. These measure nearby parts of it — add one to compare, or open it on its own.

  • U-6 Underemployment Rate A wider count of slack. It adds discouraged workers and involuntary part-timers the headline rate leaves out.
  • Prime-Age Employment Rate The share of 25-to-54-year-olds actually working, which sidesteps who counts as looking.
  • Nonfarm Payrolls The number of jobs, rather than the rate of joblessness.