Forex Fundamentals
US Unemployment Rate

US Unemployment Rate 2 October 2020

US Unemployment Rate 2 October 2020: 7.9% for September 2020, below the 8.2% forecast and down from 8.4% in August 2020. It is the lowest reading since March 2020. It is the sixth release in a row below the forecast. It was released on Fri 2 Oct 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.

Actual
7.9%
September 2020
Forecast
8.2%
The market consensus
Previous
8.4%
As the source gives it

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.

US Unemployment Rate 2 October 2020: 7.9% for September 2020 against a 8.2% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

US Unemployment Rate 2 October 2020: 7.9% vs 8.2% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-unemployment/2020-10-02

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
2 Oct 2020Sep7.9%8.2%8.4%
4 Sep 2020Aug8.4%9.8%10.2%
7 Aug 2020Jul10.2%10.5%11.1%
2 Jul 2020Jun11.1%12.3%13.3%
5 Jun 2020May13.3%19.8%14.7%
8 May 2020Apr14.7%16%4.4%
3 Apr 2020Mar4.4%3.8%3.5%
6 Mar 2020Feb3.5%3.6%3.6%
7 Feb 2020Jan3.6%3.5%3.5%
10 Jan 2020Dec3.5%3.5%3.5%
3 May 2019Apr3.6%3.8%3.8%
5 Apr 2019Mar3.8%3.8%3.8%
The release before:US Unemployment Rate 4 September 2020The release after:US Unemployment Rate 6 November 2020US Unemployment Rate: every recent resultThis week’s economic calendar