Unemployment Rate

What Does Unemployment Rate Mean?
The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.

Investopedia explains Unemployment Rate
From 1948 to 2004, the monthly U.S. unemployment rate has ranged between about 2.5% to 10.8%, averaging approximately 5.6%. The unemployment rate is considered a lagging indicator, confirming but not foreshadowing long-term market trends.

Related Terms

Cyclical Unemployment
Discouraged Worker
Frictional Unemployment
Initial Claims
Lagging Indicator
Leading Indicator
Misery Index
National Average Wage Index - NAWI
Natural Unemployment
Structural Unemployment
More Related Terms

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