The unemployment rate is the proportion of unemployed persons in the labor force.
Unemployment adversely affects the disposable income of families, erodes purchasing power,
diminishes employee morale, and reduces an economy's output.

Unemployment Rate in the United States increased to 4.10 percent in June from 4 percent in May of 2024.
Unemployment Rate in the United States averaged 5.69 percent from 1948 until 2024,
reaching an all time high of 14.90 percent in April of 2020 and a record low of 2.50 percent in May of 1953.

Total nonfarm payroll employment increased by 206,000 in June, and the unemployment rate changed little at 4.1 percent.

The unemployment rate may not accurately measure overall joblessness due to several issues.
These include the exclusion of discouraged workers, underemployment, informal employment,
methodological differences, and the equal treatment of short-term and long-term unemployment.