Us Unemployment Rate 2024 By Year. In january 2024, the unemployment rate was 3.7 percent for the third month in a row. The unemployment rate for people age 16 and older was unchanged at 4.1 percent in october 2024, but higher than a year earlier (3.8 percent).

The current unemployment rate increase—from 3.4% in april 2023 to 4.1% in september 2024—ranks at the bottom of the pack. That’s a 0.5 percentage point increase from a year before.