What will be the US civilian unemployment rate (U3) for April 2024?
Closed May 01, 2024 07:01AM UTC
While the US unemployment rate remained near record lows as of July 2023, the pace of new job creation and the eventual impacts of interest rate hikes are expected to put pressure on employment (US News & World Report, CNBC). The question will be suspended on 30 April 2024 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 in May 2024 (BLS).
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The question closed "3.5% or higher, but lower than 4.0%" with a closing date of 1 May 2024.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Lower than 3.5% | 0% | |
| 3.5% or higher, but lower than 4.0% | 94% | |
| 4.0% or higher, but lower than 4.5% | 6% | |
| 4.5% or higher, but lower than 5.0% | 0% | |
| 5.0% or higher, but lower than 5.5% | 0% | |
| 5.5% or higher, but lower than 6.0% | 0% | |
| 6.0% or higher | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 41 |
| Average for questions older than 6 months: 181 | |
| Number of Forecasts | 221 |
| Average for questions older than 6 months: 528 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | better than average |
