4 ms·
> the unemployment rate numbers are fudged by UNDERemployment The employment numbers are not fudged, they are very specific as to what they contain. Further t
by slededit 10y ago
> the unemployment rate numbers are fudged by UNDERemployment
The employment numbers are not fudged, they are very specific as to what they contain. Further there are 6 of them so its important to specify which is applicable to whatever you're trying to determine. In the case of underemployment U-6 is the measurement you want to look at.
If you look at the historical charts for U-6 you'll see we're below the unemployment level of 1995.
http://www.macrotrends.net/1377/u6-unemployment-rate http://www.macrotrends.net/1377/u6-unemployment-rate