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 2 October 2026 12:30

Previous
7.7%
Revised
-
Actual
7.6%

Next event - Friday 6 November 2026 12:30

Previous
7.6%
Actual
-

The typical/expected impact on USD pairs is medium.

Trading range

Announcement history

The most recent announced value for U6 Underemployment Rate was 7.6%.

Past events

Date
Actual
Friday 2 October 2026 12:30
7.6%
Friday 4 September 2026 12:30
7.7%
Friday 7 August 2026 12:30
7.9%
Thursday 2 July 2026 12:30
7.9%
Friday 5 June 2026 12:30
8.1%
Friday 8 May 2026 12:30
8.2%
Friday 3 April 2026 12:30
-8%
Friday 6 March 2026 13:30
7.9%
Wednesday 11 February 2026 13:30
8%
Friday 6 February 2026 13:30
-
Friday 9 January 2026 13:30
13%
Tuesday 16 December 2025 13:30
-5%
Thursday 20 November 2025 13:30
8%
Friday 5 September 2025 12:30
8.1%
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%

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
ISM Services Employment IndexBullish change47.850.1
ISM Services New Orders IndexBearish change60.959.8
ISM Services PMIBearish change55.454.9
ISM Services Prices PaidBullish change72.674
S&P Global Composite PMI(no change)58.458.4
Factory Orders (MoM)Bearish change0.8%0.1%
Average Hourly Earnings (MoM)Bearish change0.3%0.1%
Average Hourly Earnings (YoY)Bearish change3.1%3%
Labor Force Participation RateBullish change61.6%61.8%
Nonfarm PayrollsBearish change133K29K
Unemployment RateBearish change4.1%4.2%
ISM Manufacturing Employment IndexBullish change51.252.7
ISM Manufacturing New Orders IndexBullish change53.755.3
ISM Manufacturing PMIBearish change54.654.5
ISM Manufacturing Prices PaidBullish change71.177.9
Initial Jobless ClaimsBullish change198K197K
Challenger Job CutsBearish change52.881K43.281K
Chicago PMIBullish change47.158.8
Core Personal Consumption Expenditures - Price Index (MoM)Bullish change0.1%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)3%3%
Core Personal Consumption Expenditures (QoQ)Bearish change3.6%3.3%
Gross Domestic Product AnnualizedBullish change1.5%2.2%
Gross Domestic Product Price IndexBearish change6.4%6.1%
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.1%0.3%
Personal Consumption Expenditures - Price Index (YoY)(no change)3.4%3.4%
Personal Consumption Expenditures Prices (QoQ)Bearish change5.3%5%
Personal Income (MoM)Bearish change0.3%0.2%
Personal SpendingBullish change0.1%0.9%
ADP Employment ChangeBullish change36K90K
JOLTS Job OpeningsBearish change7.335M7.079M
Housing Price Index (MoM)Bullish change0%0.3%
Michigan Consumer Expectations IndexBullish change45.846.3
Michigan Consumer Sentiment IndexBullish change47.848.1
UoM 1-year Consumer Inflation Expectations(no change)4.6%4.6%
UoM 5-year Consumer Inflation Expectation(no change)3.4%3.4%
Durable Goods OrdersBearish change0.9%0%
Durable Goods Orders ex DefenseBearish change1.4%0.1%
Durable Goods Orders ex TransportationBearish change0.7%0.3%
Nondefense Capital Goods Orders ex AircraftBullish change0.6%1.6%
New Home Sales Change (MoM)Bullish change-4.3%6.4%
Initial Jobless ClaimsBullish change198K197K
ADP Employment Change 4-week averageBullish change16.75K20K

About U6 Underemployment Rate

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