What is the current u6 unemployment rate?
Stats
| Last Value | 7.90% |
|---|---|
| Last Updated | Feb 4 2022, 15:22 EST |
| Next Release | Mar 4 2022, 08:30 EST |
| Long Term Average | 10.40% |
| Average Growth Rate | 2.44% |
What is the unemployment rate in Niagara region?
The unemployment rate in St. Catharines – Niagara was 7.6% as of December 2021, up 0.1% from the previous month. The unemployment rate stood 5.5% below the peak from June 2020 and is below the long-run average.
Which city has highest unemployment rate?
As of December 2021, the unemployment rate was highest in the Las Vegas-Henderson-Paradise, NV metropolitan area, and stood at six percent….
| Characteristic | Unemployment rate |
|---|---|
| Oklahoma City, OK | 1.6% |
| Salt Lake City, UT | 1.3% |
| Indianapolis-Carmel-Anderson, IN | 1.2% |
What city has lowest unemployment rate?
The city with the lowest unemployment rate was Lincoln, Nebraska, at 1.7%. It was followed closely by Grand Island, Nebraska, at 1.9%. The city with the highest unemployment was El Centro, California, at 19.4%. According to the Census Bureau, Lincoln had a population of 289,102 in 2019.
What is U3 vs U6?
The U-3 unemployment rate, or U3 rate, is the most commonly reported rate of unemployment in the United States and represents the number of people actively seeking a job. The U-6 rate, or U6, includes discouraged, underemployed, and unemployed workers in the country.
What are the current U3 and U6 unemployment rates?
The official unemployment rate, also called U-3, was 6.1 percent in April 2021. The April 2021 rate was little changed from the previous month’s rate of 6.0 percent. The unemployment rate was 3.5 percent in both January and February 2020.
What city in Canada has the highest unemployment rate?
Peterborough shed 2,200 jobs in December and moved ahead of Saint John, N.B. to become the census metropolitan area with the highest unemployment rate in the nation, Statistics Canada reported Friday.
What is a high unemployment rate?
Unemployment Rate in the United States averaged 5.76 percent from 1948 until 2022, reaching an all time high of 14.70 percent in April of 2020 and a record low of 2.50 percent in May of 1953.
Who has the highest unemployment rate in the world?
Burkina Faso
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent.
What are the differences between U3 U4 U5 and U6?
U3 is the official unemployment rate. U5 adds on discouraged workers and all other marginally attached workers. These people are still unemployed, but not in the market for a variety of reasons. U6 adds on those workers who are part-time purely for economic reasons.