The U-6 unemployment rate in the United States, which includes discouraged and underemployed workers, remained stable at 7.4% in June 2024. Historically, this rate has averaged 10.13% from 1994 to 2024, peaking at 23% in April 2020 and hitting a low of 6.5% in December 2022. This metric offers a more realistic picture of the U.S. economy, highlighting that actual unemployment figures are often higher than those typically reported.