The U6 stagnation rate counts not usually people but work seeking full-time practice (the some-more informed U-3 rate), but additionally counts “marginally trustworthy workers and those operative part-time for mercantile reasons.” Note which a small of these part-time workers counted as in use by U-3 could be operative as small as an hour a week. And the “marginally trustworthy workers” embody those who have gotten disheartened and stopped looking, but still wish to work.
The U6 rate shows over 16% seasonally practiced stagnation in June, larger than any retrogression given the Great Depression.
Shadowstats.com has a third rate which they have put together which shows stagnation at over 20%.

Under the regular stagnation rate (U-3):
Some groups of workers [face] central stagnation rates in the stand in digits. As of May, stagnation rates for black, Hispanic, and teenage workers were already 14.9%, 12.7% and 22.7%, respectively. Workers but a high-school diploma confronted a 15.5% stagnation rate, whilst the stagnation rate for workers with only a high-school grade was 10.0%. Nearly one in 5 (19.2%) building a whole workers were unemployed. In Michigan, the hardest strike state, stagnation was at 12.9% in April. Unemployment rates in 7 alternative states were at double-digit levels as well.
Consider this. These have been the U-3 rates. The U-6 versions of these rates, expected at slightest stand in the U-3 rates for those on the bottom (since things regularly get worse faster for those on the bottom), meant which teenagers have an stagnation rate of scarcely 50%, and teenagers of color have been expected higher, and teenagers of color in the inner-city have been expected aloft than that.
The customary stagnation rates censor the stagnation pyre which has been going on for years inside of low-income communities of color.
