This chart compares three different measures of unemployment. U3 is the official unemployment rate. U5 includes discouraged workers and all other marginally attached workers. U6 adds on those workers who are part-time purely for economic reasons.
Data Sources: Bureau of Labor Statistics
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This chart compares the national unemployment rate, the ISM employment index and initial claims for unemployment using standard deviation. The unemployment rate and jobless claims are shown as an annual % change and all series use a six-month moving average to smooth out volatility.
This chart shows the relationship between non-farm payroll employment and the consumer price index during the stagflationary period of the 1970s and early 1980s. The two series are smoothed using a 3-month moving average.