Alternate Unemployment Charts

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers. The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.

Public Commentary on Unemployment

Unemployment Data Series   (Subscription required.)  View  Download Excel CSV File   Last Updated: October 7th, 2022

Sep 2022 ShadowStats Alternate Unemployment declined to 24.4% from 24.6% on top of U.6 falling to 6.7% from 7.0%

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