03 · Released data
US Labor Market
Latest August 2026 · monthly, seasonally adjusted · establishment and household surveys · series from 1939
This version built 2026-09-14 02:16 UTC
Payrolls
+162k
Aug 2026
3-month average
+71k
trend pace
Unemployment rate
4.1%
Aug 2026
Participation
61.6%
labour force
Hourly earnings
3.1%
year over year
Openings per unemployed
1.05
Jul 2026
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Payrolls
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics
The trend, and the other survey
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics
Unemployment
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics
Sahm rule
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics, Federal Reserve Bank of St. Louis
Participation & employment
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics
How long people stay unemployed
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics
Involuntary part-time
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics
Turnover
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics
Wages against prices
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics
Tightness
Source: Macro Edge Research · underlying data U.S. Bureau of Labor Statistics
Sources & methods Payrolls are the monthly change in total nonfarm employment from the establishment survey; the unemployment, participation and employment ratios come from the separate household survey, so the two can and do diverge. Each payroll print is revised in the following two months and again at the annual benchmark, which is why the three- and six-month averages are shown alongside it. Openings per unemployed person is computed by Macro Edge Research from JOLTS openings and the household survey. The Sahm rule is shown on its real-time basis, using unemployment data as published at the time rather than as later revised.
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