The Bureau of Labor Statistics (BLS) puts out several "alternative" measures of unemployment.
One of them, the so-called U6 Gauge, adds to ordinary unemployment those who are discouraged, part-time workers who want full-time jobs and those who are "marginally-attached" to the workforce.
One of them, the so-called U6 Gauge, adds to ordinary unemployment those who are discouraged, part-time workers who want full-time jobs and those who are "marginally-attached" to the workforce.
As the chart above shows, The Real Rate of Unemployment is about 14.3% — nearly two-thirds higher than when the recession began in December 2007.
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