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 2024 to 2027 about projection, civilian, median, unemployment, rate, and USA.

Unemployment rates in the selected OECD member countries are forecast to vary from 2.5 percent in Japan to nearly 12 percent in Spain in 2024. In 2025, the unemployment rate was forecast to decrease marginally in both countries.

Turkey: Unemployment rate forecast: The latest value from 2028 is 9.25 percent, a decline from 9.48 percent in 2027. In comparison, the world average is 6.50 percent, based on data from 99 countries. Historically, the average for Turkey from 1980 to 2028 is 8.96 percent. The minimum value, 6 percent, was reached in 2000 while the maximum of 13.7 percent was recorded in 2019.

According to predictions for 2019 to 2025, the unemployment rate will remain relatively stable in most world regions. In 2024 and 2025, it is estimated to be highest in Central and Western Asia followed by Africa and Latin America and the Caribbean. On the other hand, it was estimated to be lowest in Southeast Asia and The Pacific.

Ireland: Unemployment rate forecast: The latest value from 2028 is 4.49 percent, unchanged from 4.49 percent in 2027. In comparison, the world average is 6.50 percent, based on data from 99 countries. Historically, the average for Ireland from 1985 to 2028 is 9.8 percent. The minimum value, 4.18 percent, was reached in 2001 while the maximum of 19 percent was recorded in 1991.

Russia MED Forecast: Unemployment Rate: Baseline Scenario data was reported at 3.081 % in 2026. This records a decrease from the previous number of 3.091 % for 2025. Russia MED Forecast: Unemployment Rate: Baseline Scenario data is updated yearly, averaging 3.130 % from Dec 2020 (Median) to 2026, with 7 observations. The data reached an all-time high of 5.768 % in 2020 and a record low of 3.081 % in 2026. Russia MED Forecast: Unemployment Rate: Baseline 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.

Unemployment Rate in China increased to 5.40 percent in February from 5.20 percent in January of 2025. This dataset provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

MEKR Forecast: Unemployment Rate data was reported at 7.700 % in 2019. This records a decrease from the previous number of 7.800 % for 2018. MEKR Forecast: Unemployment Rate data is updated yearly, averaging 7.800 % from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 7.900 % in 2017 and a record low of 7.700 % in 2019. MEKR Forecast: Unemployment Rate data remains active status in CEIC and is reported by Ministry of Economy of the Kyrgyz Republic. The data is categorized under Global Database’s Kyrgyzstan – Table KG.G012: Unemployment Rate: Forecast: Ministry of Economy of the Kyrgyz Republic.

The average for 2024 based on 14 countries was 6.24 percent. The highest value was in the Bahamas: 9.97 percent and the lowest value was in Mexico: 2.96 percent. The indicator is available from 1980 to 2028. Below is a chart for all countries where data are available.

Unemployment Rate in Greece decreased to 8.70 percent in January from 9.30 percent in December of 2024. This dataset provides the latest reported value for - Greece Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Azerbaijan decreased to 5.60 percent in 2023 from 5.70 percent in 2022. This dataset provides - Azerbaijan Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Pakistan: Unemployment rate forecast: The latest value from 2028 is 5 percent, a decline from 5.5 percent in 2027. In comparison, the world average is 6.50 percent, based on data from 99 countries. Historically, the average for Pakistan from 1983 to 2028 is 5.79 percent. The minimum value, 3.07 percent, was reached in 1987 while the maximum of 8.5 percent was recorded in 2023.

Unemployment Rate in Iran decreased to 7.20 percent in the fourth quarter of 2024 from 7.50 percent in the third quarter of 2024. This dataset provides - Iran Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

According to a forecast by the Ministry of Finance, the unemployment rate in Finland will be eight percent in 2024. The unemployment rate is estimated to decline slowly in the coming years.

Unemployment Rate in Slovakia decreased to 4.90 percent in February from 5.10 percent in January of 2025. This dataset provides the latest reported value for - Slovakia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Sweden decreased to 9.40 percent in February from 10.40 percent in January of 2025. This dataset provides the latest reported value for - Sweden Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

According to the forecast published in September 2024, the unemployment rate in Switzerland will average 2.4 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.

United States FRBOP Forecast: Unemployment Rate: Mean: sa: Plus 3 Qtrs data was reported at 3.679 % in Mar 2019. This records an increase from the previous number of 3.629 % for Dec 2018. United States FRBOP Forecast: Unemployment Rate: Mean: sa: Plus 3 Qtrs data is updated quarterly, averaging 5.788 % from Dec 1968 (Median) to Mar 2019, with 202 observations. The data reached an all-time high of 9.992 % in Mar 1983 and a record low of 3.629 % in Dec 2018. United States FRBOP Forecast: Unemployment Rate: Mean: sa: Plus 3 Qtrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.G025: Current Population Survey: Unemployment Rate: Seasonally Adjusted: Forecast: Federal Reserve Bank of Philadelphia.

United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data was reported at 8.816 % in 10 Mar 2025. This records an increase from the previous number of 0.000 % for 03 Mar 2025. United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data is updated weekly, averaging 0.060 % from Jan 2020 (Median) to 10 Mar 2025, with 270 observations. The data reached an all-time high of 51.517 % in 06 Jul 2020 and a record low of 0.000 % in 03 Mar 2025. United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Unemployment Rate.