Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Australia
Monthly, Not Seasonally Adjusted
LRHUTTMAAUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.19
Year-over-Year Change
3.24%
Date Range
2/1/1978 - 5/1/2025
Summary
This trend measures the total unemployment rate in the U.S., including individuals not actively seeking work. It provides a comprehensive view of labor market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Total Unemployment Rate (U-6) captures a broader definition of unemployment compared to the official U-3 rate. It includes part-time workers who want full-time jobs and discouraged workers who have stopped searching, offering a more complete picture of labor underutilization.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
The U-6 rate is used by policymakers, economists, and analysts to evaluate the overall health of the labor market.
Key Facts
- The U-6 rate includes part-time workers who want full-time jobs and discouraged workers.
- The U-6 rate is generally higher than the official U-3 unemployment rate.
- The U-6 rate provides a more comprehensive measure of labor market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate in the U.S., including individuals not actively seeking work. It provides a broader view of labor market conditions compared to the official unemployment rate.
Q: Why is this trend relevant for users or analysts?
A: The U-6 total unemployment rate is a more comprehensive measure of labor market underutilization, offering insights beyond the official unemployment figure. It is widely used by policymakers, economists, and analysts to evaluate the overall health of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The U-6 total unemployment rate is used by policymakers, economists, and analysts to evaluate the overall health of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The U-6 total unemployment rate data is released monthly, with a lag of approximately two weeks after the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRHUTTMAAUM156N), retrieved from FRED.