Good Jobs Rate At Highest Rate Since 2010

June good jobs (GGJ) rate in the U.S. was 46.0 percent. This is up nominally from May (45.5 percent) and stands as the highest monthly rate Gallup has recorded since measurement began in 2010. The current rate is also half a percentage point higher than in June 2015, suggesting an underlying increase in full-time work beyond seasonal changes in employment.

The percentage of U.S. adults in June who participated in the workforce -- by working full time, part time or not working but actively seeking and being available for work -- was 67.5 percent. This is up nominally from May's 67.3 percent and above the 66.9 percent average workforce participation rate since June 2013. Current workforce participation is slightly lower than the period from May 2010 to June 2013 when it averaged 67.7 percent.

Gallup's unadjusted U.S. unemployment rate was 5.3 percent in June, down nominally from May's 5.5 percent. June's unemployment estimate is the second lowest for any month since Gallup began tracking the measure in 2010, after reaching 5.2 percent in April of this year. Gallup's U.S. unemployment rate represents the percentage of adults in the workforce who did not have any paid work in the past seven days, either for an employer or for themselves, and who were actively looking for and available to work.

Gallup's measure of underemployment in June was 13.6 percent, almost the same as May's (13.7 percent) yet also the lowest Gallup has recorded since 2010. June's rate also marks the fourth straight month of declining underemployment from February's rate of 14.7 percent. Gallup's U.S. underemployment rate combines the percentage of adults in the workforce who are unemployed (5.3 percent) with those who are working part time but desire full-time work (8.3 percent).