Current Monthly Statistics
3.6%
Unemployment Rate
Monthly Change in Payroll Employment
Next Update on May 21, 2025

The Jobs Calculator calculates the average monthly employment change needed to achieve a target unemployment rate after a specified number of months, and the assumed labor force growth. See the Surveys and Statistics tab for information on the formulas, definitions, and data behind the Jobs Calculator.

Target Unemployment Rate (UR):
%
Average monthly change in Payroll Employment needed to achieve target UR:

INSTRUCTIONS

Using your mouse, move the sliders to alter the variables and see the results.

Enter a target unemployment rate

Enter how many months

Enter Assumed Labor force participation rate (CPS)

Labor Market Statistic Changeable Assumptions Current Statistics*
Civilian noninstitutional population, 16yr+, (CPS, Household Survey) [[250,266,000
Employment (CPS) [[148,523,000
Employment (CES, Establishment Survey) [[141,367,000
Average monthly CES/CPS employment ratio (enter as X.XXX)    
[[0.951
Number of unemployed (CPS) [[8,549,000
Civilian labor force (CPS) 0
Unemployment rate (CPS) 0%
Labor force participation rate (CPS) 0%
Average monthly population growth rate (enter as X.XXXX%): %
[[0.078%
Based on the assumed labor force participation rate and monthly population growth rate, the following monthly growth rate for the labor force is implied:   0%