3 ms·

I think the last time I checked it was around 5%

• cmdrfred 10y ago
  5% of people qualify for unemployment benefits I believe, not that 95% of people that want jobs have them. For most purposes an essentially useless measurement. "A broader measure of unemployment that includes people too discouraged to search for work or who are making do with a part-time job because they cannot find a full-time one, stayed steady at 9.7 percent."[0] [0]http://www.nytimes.com/2016/06/04/business/economy/jobs-report-unemployment-wages.html http://www.nytimes.com/2016/06/04/business/economy/jobs-repo... (credit: dforrestwilson1)
  • dragonwriter 10y ago
    > 5% of people qualify for unemployment benefits I believe Incorrect; the headline rate does not only include those qualified for unemployment benefits (it does only include that part of the working-age non-institutionalized population out-of-work and actively looking for work, though.)
    • xufi 10y ago
      Right, Doesnt the ones who are qualified add up to about %18 or so with the unreported numbers?
      • dragonwriter 10y ago
        I'm not sure what you are trying to ask, but the most inclusive labor force underutilization measures (U-6) is only 9.7%, not 18%.