U6 Unemployment Rate in the U.S. for April

U.S. Department of Labor announced the U6 Unemployment Rate in the U.S. for April on 2025-05-02. The reported figure stands at 7.8%, with the prior figure recorded as 7.90%.

Regarding the U6 Unemployment Rate in the U.S. for April, U4 and U6 refer to data on individuals who have given up looking for work. This is important because, often, even if the unemployment rate is not high, U6 indicates that a large number of people have stopped seeking employment, which often reflects a serious situation of underemployment. Therefore, U1 to U6 should not be overlooked. Additionally, many financial institutions believe that the U6 unemployment rate more accurately reflects the employment situation in the United States, which is used to estimate the Federal Reserve's interest rate hike expectations, The unemployment rate published by the U.S. Department of Labor is derived from a survey of 6,000 households. Therefore, to accurately grasp the state of the labor market, in addition to the official data, there are several subcategories that need to be noted, ranging from U1 to U6. U1 represents the percentage of the labor force that has been unemployed for 15 weeks or more; U2 is the percentage of the labor force that is unemployed or has completed temporary work; U3 is the official unemployment rate and includes the International Labor Organization (ILO) definition, which is individuals without work but who have actively sought employment in the past four weeks; U4 is U3 plus those who are no longer seeking work, or who have stopped looking for work because they believe there are no job openings available due to economic conditions; U5 is U4 plus the marginally attached workforce, or those who are capable of working but have not recently sought employment. U6 is U5 plus part-time workers who wish to find full-time work but are unable to due to economic reasons.

This data holds an importance level of , calculated using Using the labor force population as the denominator, rather than the total population, the equation does not take into account the non-labor force population, and updates Once a month (announced on the first Friday of each month, except for special holidays or statistical cycle issues). The next release is set for 2025-07-03 20:30:00.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.