The number of individuals who are working part time involuntarily remains high both nationally and for New Jersey. Slides throughout the data story allow readers to view rates and levels for each measure, and compare these between New Jersey and the United States. Assessing these additional measures is critical when seeking a holistic view of the current New Jersey labor market.
: The alternative measures of unemployment range from U-1 to U-6, with U-3 being the official measure of unemployment. The measures include:
- U-1: Individuals unemployed for 15 weeks or more
- U-2: Those who have lost their jobs and individuals completing temporary jobs
- U-3: Total unemployed individuals as a percent of the civilian labor force
- U-4: U-3 plus discouraged workers (those who want to work but are not actively seeking employment because they do not believe jobs are available for them)
- U-5: U-3 plus all marginally attached workers (including discouraged workers plus others who are not actively seeking employment for a variety of reasons such as being in school, taking care of family members, etc.)
- U-6: U-5 plus persons employed part time for economic reasons (also known as “involuntary part-time workers” who would prefer to work full time and are considered “underemployed”)
Lead Staff Member
: Stephanie Holcomb, Research Associate, is a member of the Heldrich Center’s research and evaluation team, and conducts quantitative and qualitative research, such as implementation and process evaluations, in several policy areas such as employment and training, higher education, and social welfare. She specializes in synthesizing and analyzing complex administrative datasets, developing data stories that visually display data findings, and the development of interactive dashboards.