United States · data to Sep 2026

How are jobs?

Good.

Unemployment is 4.2%, below its 20-year average of 5.8%. Work is easier than usual to find.

For context: 4.2% is lower than 77% of all 944 figures since 1948.

Unemployment rate

Share of people who want work and can't find it, with the 20-year average

0%2.5%5%7.5%10%12.5%15%17.5%201020152020202520-year average 5.8%Peak 14.8%Now 4.2%
0%2.5%5%7.5%10%12.5%15%17.5%2010202020-year average 5.8%Peak 14.8%Now 4.2%

The strip under the chart shows the verdict each period would get by today's rules:Good Mixed Bad

See the latest numbers
Unemployment rate, most recent first
PeriodValueVerdict
Sep 20264.2%Good
Aug 20264.1%Good
Jul 20264.1%Good
Jun 20264.2%Good
May 20264.3%Good
Apr 20264.3%Good
Mar 20264.3%Good
Feb 20264.4%Good
Jan 20264.3%Good
Dec 20254.4%Good
Nov 20254.5%Good
Sep 20254.4%Good

Download the full series (CSV)

Source: BLS, Unemployment rate, seasonally adjusted (Current Population Survey), via FRED · Series UNRATE · Latest Sep 2026

How we judged this

What we test: How far the latest figure sits above or below its 20-year average. Right now that's -1.6 pts.

  1. Good if under -0.50 ptsapplies now
  2. Mixed if from -0.50 pts to under +0.75 pts
  3. Bad if anything the rules above don’t cover

Rules are checked from the top. The first one that fits decides the verdict.

Read the full method

About this data

Measure
Unemployment rate
Latest
4.2% (Sep 2026)
Published
Monthly, by BLS
Verdict counts for
Equal weight with the others in the overall verdict

Lower is better. We compare it with the long-run average because there is no official target for unemployment.

Download the data (CSV)

The rest of the picture