FX.co ★ US Jobless Rate Unexpectedly Falls to 4.1% in June

In June 2025, the US unemployment rate slightly decreased to 4.1% from 4.2% in May, contrary to forecasts predicting a rise to 4.3%. The unemployment rate has consistently remained within the 4.0%–4.2% range since May 2024, indicating overall labor market stability. The number of unemployed individuals decreased by 222,000, bringing the total to 7.015 million, while employment experienced a modest increase of 93,000, reaching 163.366 million. However, the overall labor force contracted by 130,000, totaling 170.380 million. The labor force participation rate dipped by 0.1 percentage points to 62.3%, marking its lowest level since December 2022, while the employment-population ratio remained stable at 59.7%, its least favorable level since January 2022. Additionally, the broader U-6 unemployment rate, which accounts for discouraged workers and those working part-time for economic reasons, slightly decreased to 7.7% from 7.8% in May.