Us Unemployment Rate 2024 Predictions. Some of its predictions have already changed since its february report, which forecasted an unemployment rate of 5.1% by the end of this year compared with the current. Labor markets are showing signs of normalization to end 2023;
We expect the unemployment rate to rise from an average of 3.6% in 2023 to 3.9% in 2024, 4.4% in 2025, and 4.5% in 2026. The cbo predicts 4.4 percent u.s.