The U.S. unemployment rate fell to 4.3% in March 2026, down from 4.4% in February.
March 2026 Key Labor Statistics
- Unemployment Rate: 4.3% (Actual) vs. 4.5% (Expected)
- Total Unemployed: Approximately 7.5 million people.
- Labor Force Participation Rate: Held steady at 61.9%
- Employment-Population Ratio: Unchanged at 58.2%
Demographic & Sector Breakdown
- Adult Men: 4.1%
- Adult Women: 3.8%
- Teenagers: 13.0%
- By Race: Rates were 3.9% for Whites, 6.7% for Blacks, 3.4% for Asians, and 5.0% for Hispanics.
- Job Leavers: The number of people who quit their jobs to look for new ones increased to 934,000, suggesting growing worker confidence.
The next Employment Situation report from the Bureau of Labor Statistics (BLS) is scheduled for release on May 8, 2026.
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