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U-6 Total unemployed, plus all marginally attached workers, plus total employed part-time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers; Marginally attached workers are persons who currently are neither working nor looking for work but indicate that they want and are available for a job and ...
The unemployment rate (U-6) is a wider measure of unemployment, which treats additional workers as unemployed (e.g., those employed part-time for economic reasons and certain "marginally attached" workers outside the labor force, who have looked for a job within the last year, but not within the last 4 weeks).
According to ABS, there were 808,000 persons classified as unemployed in February 2021 plus an additional 1.157 million marginally attached to the labor force. [31] The 113,000 discouraged workers fall into this marginally attached group. The top three reasons that discouraged workers in Australia did not actively seek work in the week prior were:
Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 221,000 for the week ended Nov. 2, the Labor Department said. Economists polled by Reuters had forecast ...
The workers in the 25 states stand to collectively lose $25.2 billion in benefits, averaging out to potentially thousands of dollars per worker, according to an analysis by the Century Foundation.
Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 217,000 for the week ended Oct. 28. Economists polled by Reuters had forecast 210,000 claims for the latest week.
Note: "Marginally attached workers" are added to the total labour force for unemployment rate calculation for U4, U5, and U6. The BLS revised the CPS in 1994 and among the changes the measure representing the official unemployment rate was renamed U3 instead of U5. [61]
U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions were easing and cementing expectations that the ...