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U.S. Unemployment Rate Forecast

U.S. Unemployment Rate Forecast Values

Percent Unemployed, Seasonally Adjusted.

Month Date Forecast Value Avg Error
0 Feb 2017 4.70 ±0.0
1 Mar 2017 4.8 ±0.1
2 Apr 2017 4.8 ±0.2
3 May 2017 4.9 ±0.2
4 Jun 2017 5.0 ±0.2
5 Jul 2017 5.0 ±0.2
6 Aug 2017 5.1 ±0.3

Updated Mar 2017

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Chart of U.S. Unemployment Rate

Percent Unemployed yet Actively Seeking Employment, Seasonally Adjusted.

Chart of U.S. Unemployment Rate with Forecast

The U.S. Unemployment Rate

The U.S. U-3 unemployment rate is the "official" unemployment rate and is just one of many measures of the employment situation within the United States.  This closely followed statistic is released monthly by the Bureau of Labor Statistics.

The U-3 unemployment rate is the total unemployed as a percent of the civilian labor force.  For the U-3 measure, the unemployed are persons who are available to take a job and have actively searched for work in the prior 4 weeks but have not found work.  The U-3 unemployment rate typically falls between the narrowest measure of unemployment with the U-2 rate and the broadest measure of unemployment with the U-6 rate.

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Current Economic Indicators
March 24, 2017 (Close of Day)
Indicator Value
S&P 500 2,343.98
US GDP Growth, % 1.90
US Inflation Rate, % 2.74
US Unemployment Rate, % 4.7
Gold Price, $/oz 1,247.50
WTI Crude Oil Futures, $/bbl 48.14
US 10 Yr Treasury, % 2.40

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