4.3%: The US unemployment rate was 4.3% in May 2026 and has held in a narrow 4.3

4.3%

The US unemployment rate was 4.3% in May 2026 and has held in a narrow 4.3–4.5% band since July 2025 (average hourly earnings +3.4% over the year).

Source: US Bureau of Labor Statistics · The Employment Situation — May 2026 (2026) [4]

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