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They 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'
by DrScump 10y ago
They 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/