Us Unemployment Rate 2024 Forecast. Longer run fomc summary of economic projections for the civilian unemployment rate, central tendency, high The unemployment rate for people age 16 and older was unchanged at 4.1 percent in october 2024, but higher than a year earlier (3.8 percent).

Cbo’s projections for the federal budget. Heading into tuesday’s presidential vote, the fed would have been justified in celebrating the.