What is the current U6 unemployment rate?

What is the current U6 unemployment rate?

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….Stats.

Last Value	8.10%
Next Release	Nov 5 2021, 08:30 EDT
Long Term Average	10.44%
Average Growth Rate	2.54%

What is the 2021 unemployment rate?

4.6%
US Jobs Report October 2021: 531,000 Jobs Added, Unemployment Rate Drops to 4.6% – Bloomberg..

How do I find my U6?

U-6, total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.

What is U3 and U6?

U3 is the official unemployment rate. U5 adds on discouraged workers and all other marginally attached workers. These people are still unemployed, but not in the market for a variety of reasons. U6 adds on those workers who are part-time purely for economic reasons.

What are the differences between the U3 and U6 unemployment rates?

The most commonly reported form of unemployment is the U-3 rate, which accounts for unemployed people who are actively seeking a job. The U-6 rate is often considered the true rate of employment, however, as it accounts for those who are unemployed, underemployed, and discouraged workers.

What groups are added to U-4 U 5 and 6?

U-4 adds discouraged workers to U-3, U-5 adds marginally attached workers to U-4, and U-6 adds part-time workers for economic reasons to U-5. All of these broader measures of unemployment tend to rise and fall with the official rate over the course of the business cycle.

What is U3 and U6 unemployment rates?

In this sense, the U-6 rate may be considered the true unemployment rate. U-3 is the most commonly reported rate of unemployment in the U.S. U-6 includes everyone not accounted for in the U-3 rate—discouraged, underemployed, and unemployed workers in the country.

What groups are added to U 4 U 5 and 6?