unemployment continues to decline in the USA / by urbanexus

The broadest measure of unemployment in the USA is the U-6 unemployment rate. In addition to the recently unemployed who are actively seeking work, it includes discouraged workers who have quit looking for a job and part-time workers who would like to upgrade to full-time employment. This rate has gradually declined from a high of 17.1% in April 2010 to 7.6 percent as of May 2018--the lowest data point for this rate since the U.S Bureau of Labor Statistics began tracking it in 1994. Click on the graph below to see sources and a brief explanation of the six unemployment rates published by the Federal Government.