The so-called U-6 unemployment rate, which also includes people who want to work, but have given up searching and those working part-time because they cannot find full-time employment, fell to a six-month low of 7.5% in December. source: U.S. Bureau of Labor Statistics
U6 Unemployment Rate in the United States averaged 10.09 percent from 1994 until 2024, reaching an all time high of 23.00 percent in April of 2020 and a record low of 6.50 percent in December of 2022. This page includes a chart with historical data for the United States U-6 Unemployment Rate. United States U-6 Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
U6 Unemployment Rate in the United States is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States U-6 Unemployment Rate is projected to trend around 7.80 percent in 2026, according to our econometric models.