Common questions

What is the total unemployment in the US?

author 0

What is the total unemployment in the US?

In November 2021, the national unemployment level of the United States stood at about 6.88 million unemployed persons.

What was u6 unemployment rate in March 2021?

September Unemployment Numbers: lower in 30 states

State Jan. March
California 9.0 8.3
Colorado 6.6 6.4
Connecticut 8.1 8.3
Delaware 6.1 6.5

What is the current U 3 unemployment rate?

View Chart Data

Month U-1, Persons unemployed 15 weeks or longer, as a percent of the civilian labor force U-4, Total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers
Nov 2011 5.0 9.3
Dec 2011 4.9 9.1
Jan 2012 4.8 8.9
Feb 2012 4.7 8.9

What is the U-6?

The U-6 (Unemployment) rate includes unemployed, underemployed and discouraged workers to measure a country’s unemployment situation. It is considered by many economists to be the most revealing measure of a country’s unemployment situation.

What is the U-6 measure of labor underutilization?

Persons employed part time for economic reasons (U-6 measure) are those working less than 35 hours per week who want to work full time, are available to do so, and gave an economic reason (their hours had been cut back or they were unable to find a full-time job) for working part time.

What is the current US unemployment rate?

The US Unemployment Rate decreased by -0.2% in 2018, by -0.4% in 2019, increased by +2.7% since January 2020, and decreased by -0.3% in 2021. Those who currently have jobs are considered employed. Those who are able AND actively looking for work for 4 weeks or less are considered unemployed.

What is the actual unemployment rate?

The unemployment rate is the proportion of the labor force that is not currently employed but could be.

  • There are six different ways the unemployment rate is calculated by the Bureau of Labor Statistics using different criteria.
  • The most comprehensive statistic reported is called the U-6 rate,but the most widely used and cited is the U-3 rate. 1 

    • What is the U6 rate?

    The U-6 rate is the unemployment rate that includes discouraged workers who have quit looking for a job and part-time workers who are seeking full-time employment. The U-6 rate is considered by many economists to be the most revealing measure of a country’s unemployment situation since it covers the percentage…

    author

    Back to Top