Source: https://mochatrade.com/learn/glossary/unemployment-rate

# Unemployment rate
URL: https://mochatrade.com/learn/glossary/unemployment-rate
Last modified: 2026-10-17

The unemployment rate is the share of the US labour force that wants work and has none, from the same BLS release as payrolls. A rising rate pulls [rate cuts closer](https://mochatrade.com/learn/us-market-structure/how-the-fed-moves-markets), and [how the jobs report is read](https://mochatrade.com/learn/us-market-structure/us-jobs-report-explained) explains why it can matter more than the headline job count.

## Related terms

- Initial jobless claims: https://mochatrade.com/learn/glossary/initial-jobless-claims
- Average hourly earnings: https://mochatrade.com/learn/glossary/average-hourly-earnings
- Dual mandate: https://mochatrade.com/learn/glossary/dual-mandate
- JOLTS: https://mochatrade.com/learn/glossary/jolts
- Russell 2000: https://mochatrade.com/learn/glossary/russell-2000
- Market correction: https://mochatrade.com/learn/glossary/market-correction