| Alternative Measures of
Labor Underutilization |
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| Measure: |
Definition: |
| U1 |
Persons unemployed 15 weeks or longer, as a
percent of the civilian labor force. |
| U2 |
Job losers and persons who completed
temporary jobs, as a percent of the civilian labor force. |
| U3 |
Total unemployed, as a percent of the
civilian labor force (the official unemployment rate). |
| U4 |
Total unemployed plus discouraged workers,
as a percent of the civilian labor force plus discouraged workers. |
| U5 |
Total unemployed, plus discouraged workers,
plus all other marginally attached workers as a percent of the civilian labor force plus
all marginally attached workers. |
| U6 |
Total unemployed, plus all marginally
attached workers, plus total employed part time for economic reasons, as a percentage of
the civilian labor force plus all marginally attached workers. |
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| Note: |
Marginally attached workers
are persons who currently are neither working nor looking for work but indicate that they
want and are available for a job and have looked for work sometime in the recent past. |
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Discouraged workers, a subset of marginally
attached workers, have given a job-market-related reason for not currently looking for a
job. |
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Persons employed part-time for economic
reasons are those who want and are available for full-time work but have had to settle for
a part-time schedule. |
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