Unemployment

Labor-force exits lowered measured unemployment despite slowing job growth.

• ↗Flash Report: Unemployment Falls, Job Growth Slows in Junehttps://www.stlouisfed.org/on-the-economy/2026/jul/flash-report-unemployment-falls-job-growth-slows-in-june

Fewer workers lost jobs, helping unemployment retreat from its late-2025 peak.

• ↗Flash Report: January Jobless Data May Signal Improving Labor Markethttps://www.stlouisfed.org/on-the-economy/2026/feb/flash-report-january-jobless-data-may-signal-improving-labor-market

Federal departures and weak private hiring pushed unemployment to its late-year high.

• ↗Flash Report: U.S. Unemployment Rose Moderately in Novemberhttps://www.stlouisfed.org/on-the-economy/2025/dec/flash-report-us-unemployment-rose-moderately-november

Businesses cut hiring as labor demand softened, steadily raising unemployment.

• ↗Speech by Vice Chair for Supervision Bowman on the economic outlookhttps://www.federalreserve.gov/newsevents/speech/bowman20250923a.htm

More unemployed people found work, briefly lowering the unemployment rate.

• ↗Flash Report: June’s Unemployment Rate Falls as More People Find Jobshttps://www.stlouisfed.org/on-the-economy/2025/jul/flash-report-june-unemployment-rate-falls-more-people-find-jobs

Rising layoffs pushed unemployment higher as policy uncertainty began weighing on employers.

• ↗February Jobs Report Hints at Growing Uncertaintyhttps://www.conference-board.org/research/labor-markets-briefs/employment-analysis-february-2025