Data show a job market that’s slowing, or at least pausing
Share Now on:
Two numbers in the Labor Department’s jobs report Friday seem to indicate the job market might be slowing down a bit, or at least hitting the pause button. First, what it calls the U-6 unemployment rate: It measures total unemployment, including discouraged and underemployed workers. It rose 0.2 percent to 7.6 percent. Second, within that U-6 figure, the number of people working part time because they can’t find full-time work climbed as well. What’s it all mean?
Click the audio player above to hear the full story.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.
Thanks to our
Your support keeps us going strong, even through