Forex Fundamentals
US Unemployment Rate

US Unemployment Rate 2 June 2023

US Unemployment Rate 2 June 2023: 3.7% for May 2023, above the 3.5% forecast and up from 3.4% in April 2023. It is the highest reading since November 2022. 4 of the last 12 releases came in above the forecast. It was released on Fri 2 Jun 2023 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
3.7%
May 2023
Forecast
3.5%
The market consensus
Previous
3.4%
As the source gives it

What a print like this usually does

Above the forecast: A surprise rise usually weighs on the dollar if it signals labor-market deterioration and a more dovish Fed path.

US Unemployment Rate 2 June 2023: 3.7% for May 2023 against a 3.5% 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 June 2023: 3.7% vs 3.5% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-unemployment/2023-06-02

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
2 Jun 2023May3.7%3.5%3.4%
5 May 2023Apr3.4%3.6%3.5%
7 Apr 2023Mar3.5%3.6%3.6%
10 Mar 2023Feb3.6%3.4%3.4%
3 Feb 2023Jan3.4%3.6%3.5%
6 Jan 2023Dec3.5%3.7%3.6%
2 Dec 2022Nov3.7%3.7%3.7%
4 Nov 2022Oct3.7%3.6%3.5%
7 Oct 2022Sep3.5%3.7%3.7%
2 Sep 2022Aug3.7%3.5%3.5%
5 Aug 2022Jul3.5%3.6%3.6%
8 Jul 2022Jun3.6%3.6%3.6%
The release before:US Unemployment Rate 5 May 2023The release after:US Unemployment Rate 7 July 2023US Unemployment Rate: every recent resultThis week’s economic calendar