2 ms·
The definitions for "unemployed" are very well defined. This is the standard "U3" unemployment number. You count as unemployed if you do not have a job and have
by bskap 11y ago
The definitions for "unemployed" are very well defined. This is the standard "U3" unemployment number. You count as unemployed if you do not have a job and have looked for work within the last 4 weeks.
There are other unemployment numbers that include people who would work if offered a job but aren't actually looking for one, but that's not the main measure that BLS uses. People that wouldn't take a job even if you offered one to them (like students and early retirees) don't count at all- they don't even show up in the denominator of any of these measures. BLS has the summary of all 6 measures of unemployment at http://www.bls.gov/news.release/empsit.t15.htm http://www.bls.gov/news.release/empsit.t15.htm but I don't think they have the detailed breakdown of any of the other measures.