Us Unemployment Rate 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. Economists at jackson hole say more labor market cooling may cause bigger jumps in unemployment.

The bureau of labor statistics. Still, 4.1% is an historically low unemployment rate, 17 th percentile of unemployment rates since 1990.