Unemployment Rate vs Inflation Rate (CPI)

Unemployment Rate

US unemployment rate

4.1%
-4.65%
Normal
4.4 4.3 4.1 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26

Inflation Rate (CPI)

Consumer Price Index YoY change

3.7%
-6.08%
Above Target
334 330 327 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26

Indicator Comparison

Unemployment Rate Inflation Rate (CPI)
Current 4.1% 3.7%
Change -4.65% -6.08%
Status Normal Above Target
Data Source FRED UNRATE FRED CPIAUCSL
Update Frequency Monthly Monthly
Last Updated August 1, 2026 August 1, 2026