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https://arjunyadav.net/projects/youthree/countries πŸ‡ΊπŸ‡Έ U.S.A. πŸ‡¬πŸ‡§ U.K.

The United States of America has two seperate unemployment rates.

  • Bureau of Labor Statistics
    (as of July 2021, seasonally adjusted):

    U1: Percentage of people who have been unemployed for 15 weeks or longer.
    \(\frac{\textnormal{Unemployed (for 15+ Weeks)}}{\textnormal{Labor Force}} \times 100\)
    2.9%
  • U2: Percentage of Job Losers (those who involuntarily lost their last job or who had completed a temporary job.)
    \(\frac{\textnormal{Job Losers}}{\textnormal{Labor Force}} \times 100\)
    3.1%
  • U3: Percentage of those without temporary, part-time, or full-time jobs (total unemployed). Most common figure of unemployment.
    \(\frac{\textnormal{Total Unemployed}}{\textnormal{Labor Force}} \times 100\)
    5.4%
  • U4: Percentage of total unemployed and discouraged workers (those who can legally work but aren't actively seeking).
    \(\frac{\textnormal{Total Unemployed + Discouraged Workers}}{\textnormal{Labor Force + Discouraged Workers}} \times 100\)
    5.7%
  • U5: Percentage of total unemployed, discouraged workers and the marginally attatched
    (unemployed who are/were actively seeking jobs but have not searched for work in the 4 weeks)
    \(\frac{\textnormal{Total Unemployed + Marginally Attached}}{\textnormal{Labor Force + Marginally Attached}} \times 100\)
    6.5%
  • U6: Percentage of total unemployed, marginally attached and part time due to economic reasons.
    \(\frac{\textnormal{Unemployed + Marginally Attached + Part Time}}{\textnormal{Labor Force + Marginally Attached}} \times 100 \)
    9.2%
  • International Labour Organization
    (as of 2020):

    • LU1: Percentage of the labour force which is not currently employed.
      \(\frac{\textnormal{Unemployed}}{\textnormal{Labor Force}} \times 100\)
      8.1%
    • LU2: Percentage of the unemployed and those who are under time-related underemployment
      (hours of work are insufficient in relation to an alternative employment situation)
      \(\frac{\textnormal{Unemployment + Time-related Underemployment}}{\textnormal{Labor Force}} \times 100\)
      10%
    • LU3: Percentage of the unemployed and the potential labour force (those who are unemployed and are actively seeking)
      \(\frac{\textnormal{Unemployed + Potential Labour Force}}{\textnormal{Labor Force + Potential Labour Force}} \times 100\)
      9%
    • LU4: Percentage of the unemployed, time-related underemployed and those in the potential labour force.
      \(\frac{\textnormal{Unemployed + Time-related Unemployment + Potential Labour Force}}{\textnormal{Labor Force + Potential Labour Force}} \times 100\)
      11%
Select a data point
U1 U2 U3 U4 U5 U6 LU1 LU2 LU3 LU4

    International Labour Organization
    (as of 2019):

    • LU1: Percentage of the labour force which is not currently employed.
      \(\frac{\textnormal{Unemployed}}{\textnormal{Labor Force}} \times 100\)
      3.7%
    • LU2: Percentage of the unemployed and those who are under time-related underemployment
      (hours of work are insufficient in relation to an alternative employment situation)
      \(\frac{\textnormal{Unemployment + Time-related Underemployment}}{\textnormal{Labor Force}} \times 100\)
      9%
    • LU3: Percentage of the unemployed and the potential labour force (those who are unemployed and are actively seeking)
      \(\frac{\textnormal{Unemployed + Potential Labour Force}}{\textnormal{Labor Force + Potential Labour Force}} \times 100\)
      6%
    • LU4: Percentage of the unemployed, time-related underemployed and those in the potential labour force.
      \(\frac{\textnormal{Unemployed + Time-related Unemployment + Potential Labour Force}}{\textnormal{Labor Force + Potential Labour Force}} \times 100\)
      11%