US jobless rate stays under 5% for 62 straight months, second-longest ever
America's unemployment rate has now sat below 5.0% for 62 months running, per @KobeissiLetter. Only one stretch in history lasted longer — a 64-month run in the 1960s and 1970s. The current streak started back in September 2021 and shows no sign of snapping.
- Original source: X account @KobeissiLetter.
- The source published it on Nov 8, 2026 at 5:31 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
- It comes from X posts, not a news outlet.
The US unemployment rate just notched its 62nd straight month below 5.0%, according to @KobeissiLetter. That makes it the second-longest such streak on record. The only run that went further was a 64-month stretch spanning the 1960s and 1970s.
The clock started in September 2021, when the jobless rate dropped to 4.7% from 5.1% the month before. It hasn't crossed the 5.0% line since. For context, the rate has averaged 5.6% across the century so far.
This run already dwarfs the 42-month streak that ended with the 2020 pandemic shock — 20 months longer, in fact. Two more months and it ties the all-time record.
The takeaway is simple: the labor market keeps shrugging off pressure. As @KobeissiLetter put it, the US job market is still remarkably resilient.
TopicsKobeissi Letter · US · US unemployment rate
Source: x.com
Written by Paparazzi with AI. Not financial advice.