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Indicator detail
U-6 Total Underemployment Rate · FRED · Data through 2026-06-01
What this number means
A broader unemployment measure that includes unemployed workers, discouraged workers, and people working part-time for economic reasons.
It captures underemployment that the headline unemployment rate can miss.
Lower is generally stronger; a gap with headline unemployment can signal hidden weakness.
Time series
FRED · monthly · Percent
Historical context
Current value is in the 52th percentile of observations across 11 years, which is near the middle of its history.
A broader unemployment measure that includes unemployed workers, discouraged workers, and people working part-time for economic reasons. It captures underemployment that the headline unemployment rate can miss. Bureau of Labor Statistics U-6 underemployment rate, republished by FRED.
Generated definition · Model: deterministic-fallback