Showing posts with label joblessness. Show all posts
Showing posts with label joblessness. Show all posts
Wednesday, September 10, 2014
Wednesday, January 15, 2014
Wednesday, November 20, 2013
Wednesday, August 7, 2013
Friday, August 2, 2013
Unemployment is Much Higher Than It Looks...
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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