Jobs & Wages
Employment
Track the federal minimum wage, the share of the population working, unemployment, and monthly changes in U.S. nonfarm payroll jobs.
Latest readings
Updated Jun 30, 2026
Employment rate
59.0%
Jun '26
Cause and Effect
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January-June 2026
Population aging and cautious hiring contributed to the first-half employment-rate decline.
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May-August 2025
Weaker labor demand and slower immigration contributed to summer’s employment-rate decline.
- ↗Immigration can’t explain declining employment growthhttps://www.minneapolisfed.org/article/2025/immigration-cant-explain-declining-employment-growth
- ↗Employers add a solid 139,000 jobs in May, though hiring slows as some potential weaknesses appearhttps://apnews.com/article/jobs-unemployment-trump-tariffs-economy-fdd4d1075b2b4490993a863ccb6950c1