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FX.co ★ US Jobless Rate Rises to 4.2% in March

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typeContent_19130:::2025-04-04T12:33:06

US Jobless Rate Rises to 4.2% in March

In March 2025, the U.S. unemployment rate increased to 4.2%, marking the highest level since November and exceeding market expectations of 4.1%. The number of unemployed individuals rose by 31,000 to 7.08 million, while employment saw an increase of 201,000, bringing total employment to 163.51 million. The labor force participation rate inched up to 62.5% from 62.4%, and the employment-to-population ratio stayed constant at 59.9%. Moreover, the U-6 unemployment rate, which accounts for individuals marginally attached to the labor force and those working part-time for economic reasons, experienced a slight decline to 7.9% from the previous month's 8.0%.

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