Unemployment Rate Calculator
Compute the unemployment rate from unemployed people and the labor force.
Enter labor force size and the number of unemployed people to calculate the unemployment rate.
About the Unemployment Rate
Unemployment Rate Worked Examples
The rate is unemployed people divided by labor force, times 100.
| Inputs | Result | Interpretation |
|---|---|---|
| 150 labor force, 6 unemployed | 4 | Six jobless people in a 150-person labor force are a 4% rate. |
| 10,000,000 labor force, 500,000 unemployed | 5 | A large-area 5% unemployment rate on 10 million people in the labor force. |
| 90 labor force, 9 unemployed | 10 | A small labor market with 9 unemployed out of 90 posts 10%. |
How to Calculate the Unemployment Rate
- Enter the labor force (employed plus unemployed) using a consistent definition.
- Enter the number of unemployed people in that same group.
- Select Calculate to divide unemployed by the labor force and multiply by 100.
- Compare the percent with the prior period only if both use the same survey concepts.
Unemployment Rate Calculator FAQ
Why isn’t total population in the formula?
The official unemployment rate uses the labor force, not population. Using population would mix retirees and children into the denominator and understate the rate.
Are discouraged workers unemployed?
Not in the headline U-3 rate. They are out of the labor force. Broader U-6 measures include them and other marginally attached workers.
Should the labor force equal employed plus unemployed?
Yes, under BLS concepts. If your counts do not add up, fix the inputs before you treat the percent as an official-style rate.
Can I use this for a single company?
You can compute a plant-level jobless share among people who still count as attached to that labor pool, but that is not the BLS unemployment rate. Label it clearly.
How should I round the result?
The calculator displays up to two decimal places. BLS headline rates are often shown to one decimal, such as 4.2%.