US U-6 Unemployment Rate
Level Chart
Basic Info
|
The US U-6 Unemployment Rate measures the total number of employees in the United States that are a part of the labor force, but are without a job. Unemployment rates can be a good gauge for how the economy is performing in a particular region. Historically, the US U-6 Unemployment Rate reached as high as 18% in 2010. The U-6 rate differs from the more commonly reported U-3 rate in that it also includes workers that are discouraged and underemployed. This might give a better idea on how to US economy is functioning, since it captures a larger labor force. US U-6 Unemployment Rate is at 12.40%, compared to 14.30% last month and 6.50% last year. This is higher than the long term average of 10.44%. |
| Report | Employment Situation |
| Category | Employment |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 12.40% |
| Latest Period | Sep 2020 |
| Last Updated | Oct 2 2020, 13:18 EDT |
| Next Release | Nov 6 2020, 08:30 EST |
| Long Term Average | 10.44% |
| Average Growth Rate | 4.16% |
| Value from 1 Year Ago | 6.50% |
| Change from 1 Year Ago | 90.77% |
| Frequency | Monthly |
| Unit | Percent of Labor Force Plus Marginally Attached |
| Adjustment | Not Seasonally Adjusted |
| Download Source File | Download |
| Notes | U-6 Unemployment is all unemployed, marginally attached and part-time for economic reasons individuals as a percent of the civillian labor force plus all marginally attached workers. |
Historical Data
| Date | Value |
|---|---|
| September 30, 2020 | 12.40% |
| August 31, 2020 | 14.30% |
| July 31, 2020 | 16.80% |
| June 30, 2020 | 18.30% |
| May 31, 2020 | 20.70% |
| April 30, 2020 | 22.40% |
| March 31, 2020 | 8.90% |
| February 29, 2020 | 7.40% |
| January 31, 2020 | 7.70% |
| December 31, 2019 | 6.70% |
| November 30, 2019 | 6.50% |
| October 31, 2019 | 6.50% |
| September 30, 2019 | 6.50% |
| August 31, 2019 | 7.30% |
| July 31, 2019 | 7.30% |
| June 30, 2019 | 7.50% |
| May 31, 2019 | 6.70% |
| April 30, 2019 | 6.90% |
| March 31, 2019 | 7.50% |
| February 28, 2019 | 7.70% |
| January 31, 2019 | 8.80% |
| December 31, 2018 | 7.50% |
| November 30, 2018 | 7.20% |
| October 31, 2018 | 7.00% |
| September 30, 2018 | 7.10% |
| Date | Value |
|---|---|
| August 31, 2018 | 7.40% |
| July 31, 2018 | 7.90% |
| June 30, 2018 | 8.10% |
| May 31, 2018 | 7.30% |
| April 30, 2018 | 7.40% |
| March 31, 2018 | 8.10% |
| February 28, 2018 | 8.60% |
| January 31, 2018 | 8.90% |
| December 31, 2017 | 8.00% |
| November 30, 2017 | 7.70% |
| October 31, 2017 | 7.60% |
| September 30, 2017 | 8.00% |
| August 31, 2017 | 8.60% |
| July 31, 2017 | 8.90% |
| June 30, 2017 | 8.90% |
| May 31, 2017 | 8.10% |
| April 30, 2017 | 8.10% |
| March 31, 2017 | 8.90% |
| February 28, 2017 | 9.50% |
| January 31, 2017 | 10.10% |
| December 31, 2016 | 9.10% |
| November 30, 2016 | 9.00% |
| October 31, 2016 | 9.20% |
| September 30, 2016 | 9.30% |
| August 31, 2016 | 9.70% |
Basic Info
|
The US U-6 Unemployment Rate measures the total number of employees in the United States that are a part of the labor force, but are without a job. Unemployment rates can be a good gauge for how the economy is performing in a particular region. Historically, the US U-6 Unemployment Rate reached as high as 18% in 2010. The U-6 rate differs from the more commonly reported U-3 rate in that it also includes workers that are discouraged and underemployed. This might give a better idea on how to US economy is functioning, since it captures a larger labor force. US U-6 Unemployment Rate is at 12.40%, compared to 14.30% last month and 6.50% last year. This is higher than the long term average of 10.44%. |
| Report | Employment Situation |
| Category | Employment |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 12.40% |
| Latest Period | Sep 2020 |
| Last Updated | Oct 2 2020, 13:18 EDT |
| Next Release | Nov 6 2020, 08:30 EST |
| Long Term Average | 10.44% |
| Average Growth Rate | 4.16% |
| Value from 1 Year Ago | 6.50% |
| Change from 1 Year Ago | 90.77% |
| Frequency | Monthly |
| Unit | Percent of Labor Force Plus Marginally Attached |
| Adjustment | Not Seasonally Adjusted |
| Download Source File | Download |
| Notes | U-6 Unemployment is all unemployed, marginally attached and part-time for economic reasons individuals as a percent of the civillian labor force plus all marginally attached workers. |
Related Indicators
| US Labor Markets |
| US Nonfarm Payrolls MoM | 661.00K |
| US Real Average Hourly Earnings MoM | -0.09% |
| US Real Average Hourly Earnings YoY | 3.28% |
| US Unemployment Rate | 7.90% |