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U.S. Unemployment Rate Forecast

U.S. Unemployment Rate Forecast Values

Percent Unemployed, Seasonally Adjusted.
Month Date Forecast Value Error
0 Jul 2016 4.90 ±0.0
1 Aug 2016 4.9 ±0.1
2 Sep 2016 4.8 ±0.2
3 Oct 2016 4.7 ±0.2
4 Nov 2016 4.7 ±0.2
5 Dec 2016 4.7 ±0.2
6 Jan 2017 4.8 ±0.2

Updated Aug 2016

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U.S. Unemployment Rate

Chart of U-3 Unemployment Rate with Current Projection
Percent Unemployed, 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.

Other Unemployment Rate Links of Interest:

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Current Economic Indicators
August 24, 2016 (Close of Day)
Indicator Value
S&P 500 2,175.44
US GDP Growth, % 1.23
US Inflation Rate, % 0.84
US Unemployment Rate, % 4.9
Gold Price, $/oz 1,327.25
WTI Oil Price, $/bbl 46.77
US 10 Yr Treasury, % 1.56