June 2026 Unemployment Data–the Full Count
(U.S. BUREAU OF LABOR STATISTICS)
OFFICIAL UNEMPLOYMENT: 4.2%* [ANALYSES by EXPERTS]
| White |
3.6%
|
| African American |
6.6%
|
| Hispanic |
5.2%
|
| Asian¹ |
3.9%
|
| Persons with a disability¹ |
8.6%
|
| Men 20 years and over |
3.9%
|
| Women 20 years and over |
3.7%
|
| Teens (16-19 years) |
14.6%
|
| Black teens |
26.8%
|
| Officially unemployed |
7.1 million
|
HIDDEN UNEMPLOYMENT
| Working part-time because can’t find a full-time job: | 4.7 million |
| People who want jobs but are not looking so are not counted in official statistics (of which 1.8 million¹ searched for work during the prior 12 months and were available for work during the reference week.) | 6.0 million |
Source: Bureau of Labor Statistics, The Employment Situation News Release For BLS State and area data, see Geographic Information and State Unemployment Summary and Current Unemployment Rates for States and Historical Highs/Lows, Seasonally Adjusted
*See Uncommon Sense #4 and How the BLS Measures Unemployment for an explanation of the unemployment measures.
¹Not seasonally adjusted. Marginally Attached workers want work and are available, have looked for work within the last 12 months, but not during “the 4 weeks preceding the survey.”
WORKING BUT IN POVERTY: In addition, millions more were working full-time, year-round, yet earned less than the official poverty level for a family of four. In 2023, that number was 16.3 million, 13.4 percent of full-time, full-year workers (estimated from Current Population Survey, Bur. of the Census). The poverty threshold in 2023 was $31,200 for a family of four.
HOW MANY JOBS ARE AVAILABLE? In June 2026, the latest month available, the number of job openings was 7.4 million. (Job Openings and Labor Turnover Summary, August 4, 2026). Thus there are 2.4 job-wanters for each available job. See also JOLTS Experimental State Estimates
HOW UNEMPLOYMENT IS MEASURED: Unemployment is measured as a percent of the civilian non-institutional labor force. The unemployed are those who have not worked at least an hour during the week of record, when a sample survey is taken, and who have looked for work during that month. The labor force includes those 16 years old and older who are either working or unemployed. It excludes those in institutions, like nursing homes or prisons, and those in the military. The latter two groups would in all likelihood experience high unemployment. Merely adding the incarcerated would add about one-half percentage point to the unemployment rate.
I just read a substack article by Jared Bernstein about the June employment report from the BLS. He said the economy looks OK, not getting better or worse, with signs of weakness.
He was chief of the Council of Economic Advisors for Biden.
I left a comment:
“I probably sound like a bitter scold, but — I note that the hourly wages for nonsupervisory workers is up by 2.0% since 1973. The real disposable personal income per capita is up by 151%.
Numerous studies show that about 41% of adults live with economic hardship. The Fed’s “Economic Well Being of U.S. Households” 2025, shows that 48% of adults could not afford an emergency expense of more than $2,000. (page 42).
Looking from year 2000 (and adjusting for inflation) it looks like the disposable income/cap has risen by 50%, but wages for nonsups (82% of all workers) by only 19%.
I see corruption, the system is failing. How to turn it around?”