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
4.2%
Forecast
4.2%
Previous
4.1%
US Unemployment Rate for Jul came in at 4.2% versus 4.2% expected (previous 4.1%), in line with forecast.
What it meant for the USD
The actual landed in line with the 4.2% 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.