U-3 is the figure most commonly reported. U-4,5,6 start to add in various groups of under-employed or discouraged workers. All of those figures are approaching pre-COVID levels and approaching the lows we saw in 2000. We also see U-6 closer to U-3 now than at many points in previous years (as the economy crashes, U-6 tends to get further away from U-3 as workers are forced into part-time or underemployment situations).
U-3 is the figure most commonly reported. U-4,5,6 start to add in various groups of under-employed or discouraged workers. All of those figures are approaching pre-COVID levels and approaching the lows we saw in 2000. We also see U-6 closer to U-3 now than at many points in previous years (as the economy crashes, U-6 tends to get further away from U-3 as workers are forced into part-time or underemployment situations).
https://www.macrotrends.net/1377/u6-unemployment-rate