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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 1 August 2025 12:30

Previous
7.7%
Revised
-
Forecast
-
Actual
7.9%

Next event - Friday 5 September 2025 12:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for U6 Underemployment Rate yet - check back for updates.

Trading range

Forecast history

The most recent announced value for U6 Underemployment Rate was 7.9%.

Past events

Date
Forecast
Actual
Friday 1 August 2025 12:30
-
7.9%
Thursday 3 July 2025 12:30
-
7.7%
Friday 6 June 2025 12:30
-
7.8%
Friday 2 May 2025 12:30
-
7.8%
Friday 4 April 2025 12:30
-
7.9%
Friday 7 March 2025 13:30
-
8%
Friday 7 February 2025 13:30
-
7.5%
Friday 10 January 2025 13:30
-
7.5%
Friday 6 December 2024 13:30
-
7.8%
Friday 1 November 2024 12:30
-
7.7%
Friday 4 October 2024 12:30
-
7.7%
Friday 6 September 2024 12:30
-
7.9%
Friday 2 August 2024 12:30
-
7.8%
Friday 5 July 2024 12:30
-
7.4%
Friday 7 June 2024 12:30
-
7.4%
Friday 3 May 2024 12:30
-
7.4%
Friday 5 April 2024 12:30
-
7.3%
Friday 8 March 2024 13:30
-
7.3%
Friday 2 February 2024 13:30
-
7.2%
Friday 5 January 2024 13:30
-
7.1%
Friday 8 December 2023 13:30
-
7%
Friday 3 November 2023 12:30
-
7.2%
Friday 6 October 2023 12:30
-
7%
Friday 1 September 2023 12:30
6.8%
7.1%
Friday 4 August 2023 12:30
-
6.7%
Friday 7 July 2023 12:30
-
6.9%
Friday 2 June 2023 12:30
6.6%
6.7%
Friday 5 May 2023 12:30
6.7%
6.6%
Friday 7 April 2023 12:30
6.7%
6.7%
Friday 10 March 2023 13:30
6.5%
6.8%
Friday 3 February 2023 13:30
6.6%
6.6%
Friday 6 January 2023 13:30
6.7%
6.5%
Friday 2 December 2022 13:30
-
6.7%
Friday 4 November 2022 12:30
6.8%
6.8%
Friday 7 October 2022 12:30
6.8%
6.7%
Friday 2 September 2022 12:30
6.7%
7%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next U6 Underemployment Rate result:

PreviousLatest
Michigan Consumer Expectations IndexBearish change57.255.9
Michigan Consumer Sentiment IndexBearish change58.658.2
UoM 1-year Consumer Inflation ExpectationsBearish change4.9%4.8%
UoM 5-year Consumer Inflation ExpectationBearish change3.9%3.5%
Chicago PMIBearish change47.141.5
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.8%2.9%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.2%
Personal Consumption Expenditures - Price Index (YoY)(no change)2.6%2.6%
Personal Income (MoM)Bullish change0.3%0.4%
Personal SpendingBullish change0.3%0.5%
Pending Home Sales (MoM)Bullish change-0.8%-0.4%
Core Personal Consumption Expenditures (QoQ)(no change)2.5%2.5%
Gross Domestic Product AnnualizedBullish change3%3.3%
Gross Domestic Product Price Index(no change)2%2%
Initial Jobless ClaimsBullish change234K229K
Personal Consumption Expenditures Prices (QoQ)Bearish change2.1%2%
Housing Price Index (MoM)Bearish change-0.1%-0.2%
Durable Goods OrdersBullish change-9.3%-2.8%
Durable Goods Orders ex DefenseBullish change-9.5%-2.5%
Durable Goods Orders ex TransportationBullish change0.3%1.1%
Nondefense Capital Goods Orders ex AircraftBullish change-0.7%1.1%
New Home Sales Change (MoM)Bearish change4.1%-0.6%
Existing Home Sales Change (MoM)Bullish change-2.7%2%
S&P Global Composite PMIBullish change55.155.4
S&P Global Manufacturing PMIBullish change49.853.3
S&P Global Services PMIBearish change55.755.4
Initial Jobless ClaimsBearish change224K235K
Philadelphia Fed Manufacturing SurveyBearish change15.9-0.3
Building Permits (MoM)Bearish change1.393M1.354M
Housing Starts (MoM)Bullish change1.321M1.428M

About U6 Underemployment Rate

Country:United States
Currency:USD
Source:US Bureau of Labor Statistics
Category:Labor Market
Frequency:Monthly
 
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