What will be the US civilian unemployment rate (U3) for April 2023?
Closed May 04, 2023 11:59PM UTC
With higher interest rates and troubles in the banking industry, there are concerns that the US labor market will suffer (CNBC, NBC News). The question will be suspended on 4 May 2023 and the outcome determined using the official civilian unemployment rate (U3) as reported monthly by the US Department of Labor's Bureau of Labor Statistics (BLS) when first released, expected on 5 May 2023 (BLS).
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The question closed "Less than 3.5%" with a closing date of 5 May 2023.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than 3.5% | 11% | |
| Between 3.5% and 3.7%, inclusive | 61% | |
| More than 3.7% but less than 4.1% | 22% | |
| Between 4.1% and 4.3%, inclusive | 6% | |
| More than 4.3% | 1% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 61 |
| Average for questions older than 6 months: 206 | |
| Number of Forecasts | 130 |
| Average for questions older than 6 months: 586 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
