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
4.1%
Forecast
4.3%
Previous
4.2%
Source: U.S. Bureau of Labor Statistics. Figures as released; revisions appear in the next print.
US Unemployment Rate for September 2024 came in at 4.1% versus 4.3% expected (previous 4.2%), below forecast, which was positive for the USD.
What it meant for the US Dollar
The actual landed below the 4.3% forecast (0.2 below expectations). A reading above forecast is generally bearish for the USD, and below forecast bullish. On this release the read was positive for the USD.
New to this release? See what US Unemployment Rate measures, the next release and its full history.