US U-6 Unemployment Rate:
US U-6 Unemployment Rate is at 16.80%, compared to 18.30% last month and 7.30% last year. This is higher than the long term average of 10.42%.
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.
- Category: Employment
- Region: United States
- Report: Employment Situation
- Source: Bureau of Labor Statistics
Chart
Historical Data
| Data for this Date Range | |
|---|---|
| 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% |
| Feb. 29, 2020 | 7.40% |
| Jan. 31, 2020 | 7.70% |
| Dec. 31, 2019 | 6.70% |
| Nov. 30, 2019 | 6.50% |
| Oct. 31, 2019 | 6.50% |
| Sept. 30, 2019 | 6.50% |
| Aug. 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% |
| Feb. 28, 2019 | 7.70% |
| Jan. 31, 2019 | 8.80% |
| Dec. 31, 2018 | 7.50% |
| Nov. 30, 2018 | 7.20% |
| Oct. 31, 2018 | 7.00% |
| Sept. 30, 2018 | 7.10% |
| Aug. 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% |
| Feb. 28, 2018 | 8.60% |
| Jan. 31, 2018 | 8.90% |
| Dec. 31, 2017 | 8.00% |
| Nov. 30, 2017 | 7.70% |
| Oct. 31, 2017 | 7.60% |
| Sept. 30, 2017 | 8.00% |
| Aug. 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% |
| Feb. 28, 2017 | 9.50% |
| Jan. 31, 2017 | 10.10% |
| Dec. 31, 2016 | 9.10% |
| Nov. 30, 2016 | 9.00% |
| Oct. 31, 2016 | 9.20% |
| Sept. 30, 2016 | 9.30% |
| Aug. 31, 2016 | 9.70% |
| July 31, 2016 | 10.10% |
| June 30, 2016 | 9.90% |
There is no data for the selected date range.
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Stats
| Last Value | 16.80% |
| Latest Period | Jul 2020 |
| Last Updated | Aug 7 2020, 15:35 EDT |
| Next Release | Sep 4 2020, 08:30 EDT |
| Long Term Average | 10.42% |
| Value from 1 Year Ago | 7.30% |
| Change from 1 Year Ago | 130.1% |
| Frequency | Monthly |
| Unit | Percent of Labor Force Plus Marginally Attached |
| Adjustment | Not Seasonally Adjusted |
| Download Source File | Upgrade |
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 | |
|---|---|
| ADP Nonfarm Payrolls MoM | 167.04K |
| US Average Hourly Earnings MoM | 0.24% |
| US Average Hourly Earnings YoY | 4.78% |
| US Continued Claims for Unemployment Insurance | 15.85M |
| US Initial Claims for Unemployment Insurance | 984192.0 |
| US Labor Force Participation Rate | 61.40% |
| US Nonfarm Payrolls MoM | 1.763M |
| US Real Average Hourly Earnings MoM | -1.81% |
| US Real Average Hourly Earnings YoY | 4.11% |
| US Unemployment Rate | 10.20% |
