What is the current u6 rate?
Stats
| Last Value | 7.70% |
|---|---|
| Last Updated | Nov 5 2021, 14:50 EDT |
| Next Release | Dec 3 2021, 08:30 EST |
| Long Term Average | 10.43% |
| Average Growth Rate | 2.35% |
What is the difference 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 state has the highest labor rate?
South Carolina
1. South Carolina. South Carolina has the highest employment rate in the United States of 97.7% (an unemployment rate of 2.3%).
What is U4 unemployment rate?
3.800 %
United States Unemployment Rate: U4 Unemployed & Discouraged Workers data was reported at 3.800 % in Oct 2018. This stayed constant from the previous number of 3.800 % for Sep 2018.
What is the u2 unemployment rate?
U-1, persons unemployed 15 weeks or longer, as a percent of the civilian labor force; U-2, job losers and persons who completed temporary jobs, as a percent of the civilian labor force; U-3, total unemployed, as a percent of the civilian labor force (this is the definition used for the official unemployment rate);
What states have the worst unemployment?
Wyoming
| Rank | State | Unemployment rate |
|---|---|---|
| 1 | NORTH DAKOTA | 2.8 |
| 2 | NEBRASKA | 3.6 |
| 2 | UTAH | 3.6 |
| 4 | SOUTH DAKOTA | 3.7 |
What is the u6 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 state is hardest to find jobs?
Hardest-Working States in the U.S.
| Overall Rank* | State | Direct Work Factors |
|---|---|---|
| 1 | Alaska | 2 |
| 2 | North Dakota | 1 |
| 3 | Nebraska | 3 |
| 4 | South Dakota | 4 |
What is the U6 measure of labor underutilization?
What’s the U6 unemployment rate in the US?
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 July 2019 is 7.00.
What’s the difference between U-5 and U-6 rate?
The U-5 rate includes all people who are marginally attached to the labor force, and U-6 adds those who are involuntary part-time workers. Therefore, the larger the difference between U-5 and U-6, the higher the incidence of this form of “underemployment.”
What’s the difference between the U3 and U5 unemployment rates?
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 August 2019 is 7.20.
How many states have had increases in U-1 rates?
All but one state had over-the-year increases in their U-1 rates, while for the U-2 through U-6 rates, the numbers of states with increases ranged from 17 to 20. The only decreases over the year were in the U-2 rates for Michigan and Montana and the U-3 through U-6 rates for South Dakota.