Us Unemployment Rate 2024 Prediction. Us unemployment rate is at 4.30%, compared to 4.10% last month and 3.50% last year. Historically, increases in joblessness like the one in july — the unemployment rate rose to 4.3 percent, the highest since 2021 — have been a reliable.

The postpandemic excesses of the us job market are largely gone. Each participant’s projections are based on his or her assessment of appropriate monetary policy.