Employment & Unemployment
- Employment Rate: 60.4%
- Unemployment Rate: 3.6%
- Underemployment Rate: 12.5%
- Youth (16 to 24) Unemployment Rate: 7.9%
Job Openings & Labor Force Participation
- Job openings were at 7.02 million on the last business day of September
- Jobs Openings Rate: 4.4%
- Labor Force Participation Rate: 63.3%
- Civilian Labor Force in the US: 162.07 million
- Number of hires were at 5.9 million on the last business day of September
- Hires Rate: 3.9%
- Turnover Rate: 3.8%
- Separations: 5.8 million
- Quits Rate: 2.3%
- Layoffs and Discharges Rate: 1.3%
Bonus Number
- Projected Unemployment Rate in 2029: 4.7%
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