FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Midpoint: 3.85 % as of 01-01-2022

Annual , not seasonally adjusted . Projections for the unemployment rate are for the average civilian unemployment rate in the fourth quarter of each year. Each participant's projections are based on his or her assessment of appropriate monetary policy. The range for each variable in a given year includes all participants' projections, from lowest to highest, for that variable in the given year; the central tendencies exclude the three highest and three lowest projections for each year. This series represents the midpoint of the central tendency forecast's high and low values established by the Federal Open Market Committee. Digitized originals of this release can be found at

Category, Region, Data Source:



Last Value 3.85 %
Latest Period 2022-01-01
Last Updated 2019-09-18 13:50:02-05
Frequency a
Average Growth Rate 1.8
Long Term Average 3.74
Value from 1 Year Ago 3.75
Change from 1 Year Ago 2.67
Unit %
Adjustment %

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