Labor Market
Unemployment Rate
Source: U.S. Bureau of Labor Statistics (via FRED) · https://fred.stlouisfed.org/series/UNRATE
UnmeasuredUnmeasured
Why this matters
The share of the labor force actively seeking work. One half of the Federal Reserve dual mandate (maximum employment). Rising unemployment typically pulls FFR lower; falling unemployment eventually tightens policy.
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Unemployment Rate trend
indicator
Unemployment Rate
4.10%Jul '26-0.04%
Release cadence
Next milestone
Next monthly Unemployment Rate release
in 4 weeks
- Prior release✓
- Latest value2
- Next release3
What happened recently
Unemployment Rate placeholder release — live data pending FRED ingest
7/23/2026, 6:09:56 AM