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Research Preset

US Labor Market Indicators

Compare US unemployment, underemployment, labor-force participation, and employment-population indicators.

Research Focus
How tight is the US labor market across headline unemployment, underemployment, and participation measures?

Compare the headline unemployment rate, the broader U-6 underemployment rate, the labor-force participation rate, and the employment-to-population ratio to assess labor market slack and worker engagement.

What to Watch
  • Gap between U-3 and U-6 unemployment
  • Participation rate trends relative to pre-pandemic levels
  • Employment-population ratio as a slack indicator
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