Rasmussen Real Unemployment Rate: Still Almost Double the Official Rate
National unemployment was 8.4% in this month’s Rasmussen Reports Real Unemployment update, up from 7.9% last month and starkly different from the 4.3% officially reported by the Bureau of Labor Statistics today.
The Rasmussen Real Unemployment rate is derived by asking American Adults who they work for. Those who respond “unemployed, but looking for work” are aggregated at the end of the month and weighted to match the nation’s demographic profile.
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The survey of 8,905 American Adults was conducted July 1-31, 2024 by Rasmussen Reports. The margin of sampling error is +/- 1 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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