The US Unemployment Rate is the share of the labor force without a job, a core read on the health of the American jobs market.
Actual
3.8%
Forecast
3.8%
Previous
3.8%
Source: U.S. Bureau of Labor Statistics. Figures as released; revisions appear in the next print.
US Unemployment Rate for September 2023 came in at 3.8% versus 3.8% expected (previous 3.8%), in line with forecast.
What it meant for the US Dollar
The actual landed in line with the 3.8% forecast. A reading above forecast is generally bearish for the USD, and below forecast bullish.
New to this release? See what US Unemployment Rate measures, the next release and its full history.