U6 Underemployment Rate
The U6 or underemployment rate, released by the US Bureau of Labor Statistics, considers anyone who has looked for a job within a year and desires to work as unemployed. It adds those workers who are part-time purely for economic reasons. Its wider and more realistic criteria are considered by many economists. Many analysts consider it a more accurate measure of unemployment. Usually, a higher rate is seen in recessionary economies, while on the contrary, a growing economy sees its underemployment rate decreasing. Therefore, a decrease of the figure is seen as positive (or bullish) for the USD, while an increase is seen as negative (or bearish). The number can't determinate just by itself how the markets move, as it depends on the headline reading, the Nonfarm Payrolls.
Most recent - Friday 3 April 2026 12:30
Trading range
Forecast history
The most recent announced value for U6 Underemployment Rate was -8%.
Past events
Economic context
Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next U6 Underemployment Rate result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Housing Price Index (MoM) | Bearish change | 0.2% | 0% | ||
| ADP Employment Change 4-week average | Bearish change | 40.25K | 39.25K | ||
| Michigan Consumer Expectations Index | Bullish change | 46.1 | 48.1 | ||
| Michigan Consumer Sentiment Index | Bullish change | 47.6 | 49.8 | ||
| UoM 1-year Consumer Inflation Expectations | Bearish change | 4.8% | 4.7% | ||
| UoM 5-year Consumer Inflation Expectation | Bullish change | 3.4% | 3.5% | ||
| S&P Global Composite PMI | Bullish change | 50.3 | 52 | ||
| S&P Global Manufacturing PMI | Bullish change | 52.3 | 54 | ||
| S&P Global Services PMI | Bullish change | 49.8 | 51.3 | ||
| Initial Jobless Claims | Bearish change | 208K | 214K | ||
| Pending Home Sales (MoM) | Bearish change | 2.5% | 1.5% | ||
| Retail Sales (MoM) | Bullish change | 0.7% | 1.7% | ||
| Retail Sales Control Group | Bullish change | 0.6% | 0.7% | ||
| Retail Sales ex Autos (MoM) | Bullish change | 0.7% | 1.9% | ||
| ADP Employment Change 4-week average | Bullish change | 39K | 54.8K | ||
| Industrial Production (MoM) | Bearish change | 0.7% | -0.5% | ||
| Initial Jobless Claims | Bullish change | 218K | 207K | ||
| Philadelphia Fed Manufacturing Survey | Bullish change | 18.1 | 26.7 | ||
| NY Empire State Manufacturing Index | Bullish change | -0.2 | 11 |
About U6 Underemployment Rate
| Country: | United States |
|---|---|
| Currency: | USD |
| Source: | US Bureau of Labor Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |
Related events
