Current Unemployment Rate 2024. Ur is defined as the percentage of persons unemployed among the persons in the labour force. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

The unemployment rate, however, dropped to 4.2 percent, after rising to 4.3 percent in july. The unemployment rate ticked up to 4.1% in june, up from 3.9% and 4.0% in april and may.