US Unemployment Rate 7 August 2020
US Unemployment Rate 7 August 2020: 10.2% for July 2020, below the 10.5% forecast and down from 11.1% in June 2020. It is the lowest reading since March 2020. It is the fourth release in a row below the forecast. It was released on Fri 7 Aug 2020 at 12:30 UTC (8:30 AM ET).
These figures were verified on 4 Oct 2026 from the source: U.S. Bureau of Labor Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.
What a print like this usually does
Below the forecast: A surprise decline can support the dollar if it reflects robust hiring rather than fewer people seeking work.

Cite this release
If you cite this release, please link to this page:
US Unemployment Rate 7 August 2020: 10.2% vs 10.5% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-unemployment/2020-08-07