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
3.9%
Forecast
3.7%
Previous
3.7%
US Unemployment Rate for Feb came in at 3.9% versus 3.7% expected (previous 3.7%), above forecast, which was negative for the USD.
What it meant for the USD
The actual landed above the 3.7% forecast (0.2 above expectations). A reading above forecast is generally bearish for the USD, and below forecast bullish. On this release the read was negative for the USD.
New to this release? See what US Unemployment Rate measures, the next release and its full history.