Source: U.S. Bureau of Labor Statistics- U-6 Unemployment Rate. Resources. Bureau of Labor Statistics Current Population Survey Monthly survey of households conducted by the Bureau of Census for BLS. It provides data on the labor force, employment, unemployment, etc. U6 Unemployment Rate. This interactive chart compares three different measures of unemployment. U3 is the official unemployment rate. U5 includes discouraged workers and all other marginally attached workers. U6 adds on those workers who are part-time purely for economic reasons. The current U6 unemployment rate as of February 2020 is 7.00. Definition of U-6 Unemployment Rate What is the definition of "U-6 Unemployment Rate"? The Bureau of Labor Statistics releases a bunch of different unemployment numbers every month. The unemployment number that is most often used in the media (and by the government) is known as the "U-3". This number was 8.1% in February of 2009. U-6 Rate: The unemployment rate that includes discouraged workers who have quit looking for a job and part-time workers looking for full-time employment. The U-6 rate is considered by many The U.S. Bureau of Labor Statistics (BLS) released its employment / unemployment report for October on November 1 st.. Unemployment is still near record lows. Although the “Seasonally Adjusted” Unemployment Rate for October ticked up from 3.5% in September to 3.6%. The U.S. Bureau of Labor Statistics (BLS) has been tracking the unemployment rate since 1948. In the 1970s, an era of high inflation and unemployment, Julius Shiskin, the Commissioner of the Bureau of Labor Statistics (BLS), was receiving criticism of the unemployment numbers because “the figures are used to gauge more than just joblessness Current Seasonally Adjusted U-3 Unemployment Rate According to the BLS, the current "Seasonally Adjusted" Unemployment Rate for February (released March 6th) is 3.5% down from 3.6% in January returning to the previous low levels of September, November, and December.
The U-6 unemployment rate is the Bureau of Labor Statistics' (BLS) broadest unemployment measure, including short-term discouraged and other marginally-
27 May 2019 This indicator shows that there is still significant slack in the labor market, with the BLS's U-6 unemployment rate (which adds the underemployed 17 Feb 2016 When Obama entered office in January 2009, the U-6 unemployment rate was 14.2%. It's peak was in late 2009, early 2010, when it hit 17.1% 27 Mar 2017 the Bureau of Labor Statistics. The BLS divides unemployment into six categories (known as U1 through U6), but these categories don't line 7 Oct 2009 The official unemployment rate is one of the most widely reported and closely the BLS publishes numerous alternative measures of unemployment in The broadest measure of labor underutilization, U-6, includes people
4 Jun 2019 The headline unemployment rate (called the U-3 metric by the BLS) counts The U-6 adds part-time workers who want full-time employment,
3 Jul 2018 The BLS calculates the unemployment rate using three different types U6: the individuals described in U5 plus part-time workers who want to U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force. 7.7: 7.7: 7.4: 7.2: 6.9: 6.8: 6.7: 6.9: 7.0 In June 2019, both the unemployment rate, 3.7 percent, and the number of unemployed, 6.0 million people, were little changed from May. BLS publishes six alternative measures of labor underutilization, known as U-1 through U-6, every month. The unemployment rate, also called U-3, is the total number of unemployed people as a percentage of the labor force.