Unemployment Rate 2024. Unemployment rate rose to 4.3% in july and hiring slowed, adding to signs of a broader downturn in what has been a solid u.s. The level and rate of uk unemployment measured by the labour force survey (lfs), using the international labour organisation's definition of unemployment.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. In their quarterly forecasts, fed officials said they expect the jobless rate to reach 4.4% at the end of 2024, up from 4.2% in august.