U3 unemployment rate 2020
Displays long-term charts of the U-3 and U-6 unemployment rate charts through the December 2019 employment report of January 10, 2020. About U-3 US Unemployment Rate Total in Labor Force Seasonally Adjusted. The unemployment rate tracks the number of unemployed persons as a percentage of the labor force (the total number of employed plus unemployed). These figures generally come from a household labor force survey. Will the monthly U.S. civilian unemployment rate (U3) reach or exceed 4.0% for any month before 1 November 2020? The headline unemployment rate—labeled U3 by the Bureau of Labor Statistics—remained unchanged at 3.5%. U3, or the U-3 unemployment rate, is the most commonly reported rate of unemployment in the United States and represents the number of people actively seeking a job. The U-6 rate, or U6, includes discouraged, underemployed, and unemployed workers in the country. Interest rates, specifically across the belly of the curve, will struggle to rise on a sustained basis without a corresponding increase in GDP growth. U-3 Unemployment Rate, Annual Change (%): The addition of marginally-attached workers adds a few more tenths of a percentage point to the official unemployment rate. U6: This augments U5 by including part-time workers to the unemployment rate calculation. The addition of part-time workers adds a full 2-3 percentage points to the official unemployment rate.
2020, Feb. 2019, Oct. 2019, Nov. 2019, Dec. 2019, Jan. 2020, Feb. 2020 U-3 Total unemployed, as a percent of the civilian labor force (official unemployment
Not Adjusted Unemployment Rate. Unadjusted U-3 was 3.8% down from 4.0% in July 2019, and below the 3.9% in August of 2018 and the 4.5% in August of 2017. Typically Unemployment levels are worse in January, June – July and better November – December, so seasonally adjusting takes that into consideration. U3, or the U-3 unemployment rate, is the most commonly reported rate of unemployment in the United States and represents the number of people actively seeking a job. The U-6 rate, or U6, includes discouraged, underemployed, and unemployed workers in the country. In July 2019, the state with the highest (seasonally adjusted) unemployment rate was Alaska with 6.3 percent, followed by the District of Columbia, Mississippi, and Arizona. Unemployment was the lowest in Vermont at 2.1 percent. Manufacturing multifactor productivity declined 1.0 percent in 2018 (01/30/2020) Unemployment rates in 15 states were lower than the 3.5-percent U.S. rate in December 2019 (01/29/2020) 26 states added jobs from December 2018 to December 2019 (01/28/2020) Hawaii and New York had highest union membership rates, the Carolinas the lowest, in 2019 (01/27/2020) The real unemployment rate (U-6) is a broader definition of unemployment than the official unemployment rate (U-3). In July 2019, it was 7.0%. The U-3 is the rate most often reported in the media. In the U-3 rate, the Bureau of Labor Statistics only counts people without jobs who are in the labor force. The unemployment rate represents the number of unemployed as a percentage of the labor force. Labor force data are restricted to people 16 years of age and older, who currently reside in 1 of the 50 states or the District of Columbia, who do not reside in institutions (e.g., penal and mental facilities, homes for the aged),
6 Mar 2020 THE EMPLOYMENT SITUATION — FEBRUARY 2020. Total nonfarm payroll employment rose by 273,000 in February, and the unemployment
The headline unemployment rate—labeled U3 by the Bureau of Labor Statistics—remained unchanged at 3.5%. U3, or the U-3 unemployment rate, is the most commonly reported rate of unemployment in the United States and represents the number of people actively seeking a job. The U-6 rate, or U6, includes discouraged, underemployed, and unemployed workers in the country. Interest rates, specifically across the belly of the curve, will struggle to rise on a sustained basis without a corresponding increase in GDP growth. U-3 Unemployment Rate, Annual Change (%): The addition of marginally-attached workers adds a few more tenths of a percentage point to the official unemployment rate. U6: This augments U5 by including part-time workers to the unemployment rate calculation. The addition of part-time workers adds a full 2-3 percentage points to the official unemployment rate. The .gov means it's official. Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.
The unemployment rate represents the number of unemployed as a percentage of the labor force. Labor force data are restricted to people 16 years of age and older, who currently reside in 1 of the 50 states or the District of Columbia, who do not reside in institutions (e.g., penal and mental facilities, homes for the aged),
U3, or the U-3 unemployment rate, is the most commonly reported rate of unemployment in the United States and represents the number of people actively seeking a job. The U-6 rate, or U6, includes discouraged, underemployed, and unemployed workers in the country. Interest rates, specifically across the belly of the curve, will struggle to rise on a sustained basis without a corresponding increase in GDP growth. U-3 Unemployment Rate, Annual Change (%): The addition of marginally-attached workers adds a few more tenths of a percentage point to the official unemployment rate. U6: This augments U5 by including part-time workers to the unemployment rate calculation. The addition of part-time workers adds a full 2-3 percentage points to the official unemployment rate.
Unemployment and Labor Statistics Find highly detailed statistics on the state’s labor market, including unemployment rates from all 100 counties, by month and year. Historical information back to 1976 is available for some data points.
The real unemployment rate (U-6) is a broader definition of unemployment than the official unemployment rate (U-3). In July 2019, it was 7.0%. The U-3 is the rate most often reported in the media. In the U-3 rate, the Bureau of Labor Statistics only counts people without jobs who are in the labor force. The unemployment rate represents the number of unemployed as a percentage of the labor force. Labor force data are restricted to people 16 years of age and older, who currently reside in 1 of the 50 states or the District of Columbia, who do not reside in institutions (e.g., penal and mental facilities, homes for the aged), 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. The .gov means it's official. Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.
About U-3 US Unemployment Rate Total in Labor Force Seasonally Adjusted. The unemployment rate tracks the number of unemployed persons as a percentage of the labor force (the total number of employed plus unemployed). These figures generally come from a household labor force survey. Will the monthly U.S. civilian unemployment rate (U3) reach or exceed 4.0% for any month before 1 November 2020? The headline unemployment rate—labeled U3 by the Bureau of Labor Statistics—remained unchanged at 3.5%. U3, or the U-3 unemployment rate, is the most commonly reported rate of unemployment in the United States and represents the number of people actively seeking a job. The U-6 rate, or U6, includes discouraged, underemployed, and unemployed workers in the country. Interest rates, specifically across the belly of the curve, will struggle to rise on a sustained basis without a corresponding increase in GDP growth. U-3 Unemployment Rate, Annual Change (%): The addition of marginally-attached workers adds a few more tenths of a percentage point to the official unemployment rate. U6: This augments U5 by including part-time workers to the unemployment rate calculation. The addition of part-time workers adds a full 2-3 percentage points to the official unemployment rate.