Us Unemployment Rate 2024 Prediction. The unemployment rate measures the percentage of the total work force that is unemployed and actively seeking. Experts anticipate slight increases in unemployment and layoffs in 2024.
A softening labor market and slower. The unemployment rate is projected to increase from 3.6 percent at the end of last year to 5.1 percent at the end of 2023 before gradually declining to 4.5 percent by the end of 2027.