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Username: LuckyWoman

Rating:
Guru Stars

Asked to: Anton Luyten

Date Created: 10 Mar 2017
Category 28
Tag Financial
Question Please give the definition of 'U-6 Rate'.
Advice from Guru
Hello LuckyWoman,

The unemployment rate that includes discouraged workers who have quit looking for a job and part-time workers looking for full-time employment. The U-6 rate is considered by many economists to be the most revealing factor of a country’s unemployment situation since it covers the percentage of the labor force that is unemployed, underemployed, and discouraged.

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