Bureau of Labor Services U-6 Calculator
Introduction & Importance
The Bureau of Labor Services U-6 rate is a broader measure of unemployment that includes not only the official unemployment rate but also those who are marginally attached to the labor force and those who are working part-time but want full-time work.
How to Use This Calculator
- Select the number of employed individuals.
- Select the number of unemployed individuals.
- Click the “Calculate” button.
Formula & Methodology
The U-6 rate is calculated as follows:
U-6 = (Unemployed + Marginally Attached + Part-time for Economic Reasons) / (Civilian Labor Force)
Real-World Examples
Data & Statistics
| Year | U-6 Rate |
|---|
Expert Tips
- Understand the difference between the official unemployment rate and the U-6 rate.
- Use this calculator to gain a more comprehensive understanding of the labor market.
Interactive FAQ
What is the difference between the U-6 rate and the official unemployment rate?
The U-6 rate includes those who are marginally attached to the labor force and those who are working part-time but want full-time work, while the official unemployment rate only includes those who are actively looking for work.