Us Unemployment Rate 2024 Projection

Us Unemployment Rate 2024 Projection. The unemployment rate in the united states eased to 4.2% in august of 2024 from the october 2021 high of 4.3% in the prior month, aligning with market expectations. The unemployment rate ticked up to 4.3% in july from 4.1% in june, the highest level since october 2021, signaling the labor market is.

The unemployment rate reaches 4.1 percent by the end of 2023 and 4.7 percent by the end of 2024 before falling slightly, to 4.5 percent, in 2025. Graph and download economic data for fomc summary of economic projections for the civilian unemployment rate, range, high (unraterh) from 2024.