Unemployment Rate in the United States decreased to 4.10 percent in June from 4.20 percent in May of 2025. This dataset provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The unemployment rate in fiscal year 2204 rose to 3.9 percent. The unemployment rate of the United States which has been steadily decreasing since the 2008 financial crisis, spiked to 8.1 percent in 2020 due to the COVID-19 pandemic. The annual unemployment rate of the U.S. since 1990 can be found here. Falling unemployment The unemployment rate, or the part of the U.S. labor force that is without a job, fell again in 2022 after peaking at 8.1 percent in 2020 - a rate that has not been seen since the years following the 2008 financial crisis. The financial crash caused unemployment in the U.S. to soar from 4.6 percent in 2007 to 9.6 percent in 2010. Since 2010, the unemployment rate had been steadily falling, meaning that more and more people are finding work, whether that be through full-time employment or part-time employment. However, the affects of the COVID-19 pandemic created a spike in unemployment across the country. U.S. unemployment in comparison Compared to unemployment rates in the European Union, U.S. unemployment is relatively low. Greece was hit particularly hard by the 2008 financial crisis and faced a government debt crisis that sent the Greek economy into a tailspin. Due to this crisis, and the added impact of the pandemic, Greece still has the highest unemployment rate in the European Union.

Graph and download economic data for FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Median (UNRATEMD) from 2025 to 2027 about projection, civilian, median, unemployment, rate, and USA.

The USA: Unemployment rate forecast: The latest value from 2030 is 3.76 percent, a decline from 3.8 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for the USA from 1980 to 2030 is 5.82 percent. The minimum value, 3.63 percent, was reached in 2023 while the maximum of 9.71 percent was recorded in 1982.

Costa Rica: Unemployment rate forecast: The latest value from 2030 is 8.5 percent, unchanged from 8.5 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for Costa Rica from 1980 to 2030 is 7.61 percent. The minimum value, 3.77 percent, was reached in 1989 while the maximum of 19.98 percent was recorded in 2020.

Big data generated from the Internet offer great potential for predictive analysis. Here we focus on using online users’ Internet search data to forecast unemployment initial claims weeks into the future, which provides timely insights into the direction of the economy. To this end, we present a novel method Penalized Regression with Inferred Seasonality Module (PRISM), which uses publicly available online search data from Google. PRISM is a semiparametric method, motivated by a general state-space formulation, and employs nonparametric seasonal decomposition and penalized regression. For forecasting unemployment initial claims, PRISM outperforms all previously available methods, including forecasting during the 2008–2009 financial crisis period and near-future forecasting during the COVID-19 pandemic period, when unemployment initial claims both rose rapidly. The timely and accurate unemployment forecasts by PRISM could aid government agencies and financial institutions to assess the economic trend and make well-informed decisions, especially in the face of economic turbulence.

Vietnam: Unemployment rate forecast: The latest value from 2030 is 1.93 percent, unchanged from 1.93 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for Vietnam from 1990 to 2030 is 4.46 percent. The minimum value, 1.93 percent, was reached in 2028 while the maximum of 12.33 percent was recorded in 1990.

Poland's unemployment rate is projected to reach *** percent in 2025, and increase to ***** percent in 2027.

In 2025, the UK economy is expected to grow by just one percent, according to the economic and fiscal outlook from March 2025. GDP growth has been downgraded from two percent when compared with the previous forecast from October 2024. The inflation rate is expected to average out at 3.2 percent, and the unemployment rate at 4.5 percent. Inflation distress continues for UK consumers The expected increase in UK inflation for 2025 looks set to peak at 3.7 percent in the third quarter of the year, before falling to two percent by early 2026. Though this spike in prices will be far less serious than in 2022, when UK inflation reached a peak of 11.1 percent in October 2022, UK households are still suffering from the impact of the previous crisis. In March 2025, approximately 59 percent of UK households were dealing with rising living costs, relative to the previous month, mainly due to rising energy and food costs. Unemployment set to rise in 2025 Aside from rising prices and a slowing economy, the UK will also have to contend with rising unemployment in 2025. As with inflation, however, the rise in unemployment is expected to be relatively mild and short-lived, especially when compared with previous periods of high unemployment. Recently, the government has been more concerned about high levels of economic inactivity, especially among young people, with the number of 16- to 24-year-olds not in employment, education, or training approaching one million towards the end of 2024.

According to a forecast by the Ministry of Finance, the unemployment rate in Finland will be *** percent in 2025. The unemployment rate is estimated to decline slowly in the coming years.

Russia MED Forecast: Unemployment Rate: Conservative Scenario data was reported at 4.663 % in 2024. This records a decrease from the previous number of 4.674 % for 2023. Russia MED Forecast: Unemployment Rate: Conservative Scenario data is updated yearly, averaging 4.777 % from Dec 2020 (Median) to 2024, with 5 observations. The data reached an all-time high of 5.768 % in 2020 and a record low of 4.663 % in 2024. Russia MED Forecast: Unemployment Rate: Conservative Scenario data remains active status in CEIC and is reported by Ministry of Economic Development of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.GB010: Unemployment Rate: Forecast: Ministry of Economic Development.

According to the source, the unemployment rate in Spain reached nearly **** percent in 2023. For the following year, the rate of unemployment was forecasted to fall around *** percentage points.

Norway NO: Unemployment Rate: Single Hit Scenario data was reported at 4.563 % in 2021. This records a decrease from the previous number of 5.872 % for 2020. Norway NO: Unemployment Rate: Single Hit Scenario data is updated yearly, averaging 3.365 % from Dec 1972 (Median) to 2021, with 50 observations. The data reached an all-time high of 5.872 % in 2020 and a record low of 1.390 % in 1974. Norway NO: Unemployment Rate: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Norway – Table NO.OECD.EO: Employment and Unemployment: Forecast: OECD Member: Annual. UNR-Unemployment rate

According to the forecast published in September 2024, the unemployment rate in Switzerland will average *** percent in 2024 according to the national definition. The unemployment rate represents the proportion of unemployed people in the total civilian labor force and is an indicator of the labor market and employment situation as well as part of the unemployment statistics.

In 2024, the unemployment rate in Chile amounted to approximately 8.46 percent. Between 1980 and 2024, the figure dropped by around 3.04 percentage points, though the decline followed an uneven course rather than a steady trajectory. The rate is forecast to decline by about 0.96 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the unemployment rate, which can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The latter defines it as the number of unemployed people divided by the total labor force.

Abstract of associated article: This paper evaluates the flow approach to unemployment forecasting proposed by Barnichon and Nekarda (2012) for a set of OECD countries characterized by very different labor markets. We find that the flow approach yields substantial improvements in forecast accuracy over professional forecasts for all countries, with especially large improvements at longer horizons (one-year ahead forecasts) for European countries. Moreover, the flow approach has the highest predictive ability during recessions and turning points, when unemployment forecasts are most valuable.

The average for 2025 based on 101 countries was 6.64 percent. The highest value was in Sudan: 61.99 percent and the lowest value was in Thailand: 1 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

Unemployment Rate in Armenia increased to 13.90 percent in the first quarter of 2025 from 12.90 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Armenia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Georgia: Unemployment rate forecast: The latest value from 2030 is 13.9 percent, unchanged from 13.9 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for Georgia from 1996 to 2030 is 16.96 percent. The minimum value, 7.55 percent, was reached in 1997 while the maximum of 27.2 percent was recorded in 2010.

Unemployment Rate in Costa Rica increased to 7.50 percent in the first quarter of 2025 from 6.90 percent in the fourth quarter of 2024. This dataset provides - Costa Rica Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.