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New data U-6 Unemployment Rate

8/2/2024

actual 7.8, previous 7.4

The event is the U-6 Unemployment Rate for the United States, scheduled for August 2, 2024, at 12:30:00. The U-6 Unemployment Rate includes not only the unemployed population but also those who are marginally attached to the labor force and those working part-time for economic reasons.

The actual U-6 Unemployment Rate is reported at 7.8%, which is a 0.4% increase from the previous rate of 7.4%. This event is considered to have a low impact on the market.

Overall, this data provides insight into a broader measure of unemployment in the US, beyond just the traditional unemployment rate, and can give an indication of the overall health of the labor market.

This is not investment advice. Remember to verify the information provided here.

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