Level Chart

Basic Info

US U-6 Unemployment Rate is at 7.20%, compared to 7.10% last month and 7.00% last year. This is lower than the long term average of 10.21%.

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.

Stats

Last Value 7.20%
Latest Period Aug 2023
Last Updated Sep 1 2023, 11:33 EDT
Next Release Oct 6 2023, 08:30 EDT
Long Term Average 10.21%
Average Growth Rate 2.13%
Value from Last Month 7.10%
Change from Last Month 1.41%
Value from 1 Year Ago 7.00%
Change from 1 Year Ago 2.86%
Frequency Monthly
Unit Percent of Labor Force Plus Marginally Attached
Adjustment Not Seasonally Adjusted
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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

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Date Value
August 31, 2023 7.20%
July 31, 2023 7.10%
June 30, 2023 7.20%
May 31, 2023 6.40%
April 30, 2023 6.10%
March 31, 2023 6.80%
February 28, 2023 7.30%
January 31, 2023 7.40%
December 31, 2022 6.40%
November 30, 2022 6.40%
October 31, 2022 6.30%
September 30, 2022 6.40%
August 31, 2022 7.00%
July 31, 2022 7.20%
June 30, 2022 7.00%
May 31, 2022 6.70%
April 30, 2022 6.60%
March 31, 2022 7.10%
February 28, 2022 7.60%
January 31, 2022 7.90%
December 31, 2021 7.20%
November 30, 2021 7.40%
October 31, 2021 7.70%
September 30, 2021 8.10%
August 31, 2021 8.90%
Date Value
July 31, 2021 9.60%
June 30, 2021 10.10%
May 31, 2021 9.70%
April 30, 2021 9.90%
March 31, 2021 10.90%
February 28, 2021 11.60%
January 31, 2021 12.00%
December 31, 2020 11.60%
November 30, 2020 11.60%
October 31, 2020 11.60%
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%

Basic Info

US U-6 Unemployment Rate is at 7.20%, compared to 7.10% last month and 7.00% last year. This is lower than the long term average of 10.21%.

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.

Stats

Last Value 7.20%
Latest Period Aug 2023
Last Updated Sep 1 2023, 11:33 EDT
Next Release Oct 6 2023, 08:30 EDT
Long Term Average 10.21%
Average Growth Rate 2.13%
Value from Last Month 7.10%
Change from Last Month 1.41%
Value from 1 Year Ago 7.00%
Change from 1 Year Ago 2.86%
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.