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The U.S. U-3 unemployment rate is the official unemployment rate and is just one of many measures of the employment situation within the United States. This closely followed statistic is released monthly by the Bureau of Labor Statistics.
The U-3 unemployment rate is the total unemployed as a percent of the civilian labor force. For the U-3 measure, the unemployed are persons who are available to take a job and have actively searched for work in the prior 4 weeks but have not found work. The U-3 unemployment rate typically falls between the narrowest measure of unemployment which is the U-2 rate and the broadest measure of unemployment which is the U-6 rate.
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