6 ms·
Bay Area unemployment rates fall to lowest in 15 years
- deleted 10y ago[deleted]
- DrScump 10y agoThey aren't showing the regional true (U-6) unemployment rates, just the cooked number that excludes "discouraged workers". Even the Data Tools on bls.gov don't provide access to the regional rates that I can find (corrections welcome). Why this distinction is important: the gap between the U-3 and U-6 rates has grown by roughly 200-250% during the Obama administration[0]. That smells like cooked numbers. [0] http://unemploymentdata.com/current-u6-unemployment-rate/ http://unemploymentdata.com/current-u6-unemployment-rate/