Outlook 365: Number of unread messages in a folder with sub-folders
It couldn't be directly fulfilled, but as an alternative, we could create a search folder to count the unread items in your "MyAdmin" folder (including all subfolders).
Right-click Search folders
> New Search Folder
> Custom > Create a custom search folder
> Choose
. Type a Name
and select Criteria
> More Choices
> Only items that are "Unread"
. Now select Browse
, untick the top-level folder (for your email account), and select your "MyAdmin" folder and check "Search subfolders".
Note that in the image, the top-level folder should be unticked!
You could also add this folder to the Favorites list to make it obvious.