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BLS Issues Report on Alternative Measures of Labor Underutilization, New Jersey for 2020

Mar 04, 2021 - Targeted News Service

The U.S. Department of Labor's Bureau of Labor Statistics - New York-New Jersey Regional Information Office issued the following report on Mar. 3, 2021, entitled "Alternative Measures of Labor Underutilization, New Jersey - 2020":

In 2020, the broadest measure of labor underutilization, designated U-6 (which includes the unemployed, workers employed part-time for economic reasons, and those marginally attached to the labor force), was 15.1 percent in New Jersey, significantly higher than t...