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That's a (valid) critique of using U3 instead of U6. But the US government has been using U3 as the "official" unemployment since at least 1994. You asserted t
by jml7c5 9y ago
That's a (valid) critique of using U3 instead of U6. But the US government has been using U3 as the "official" unemployment since at least 1994.
You asserted that "they [the Obama and Bush administrations?] even had to expand the definition of what constitutes a job," which is not supported by that article.
I have had this debate before, and I have yet to find any evidence for the claim.
- ThomPete 9y agohttp://www.washingtontimes.com/news/2015/feb/10/donald-lambro-obama-hides-jobs-failure-by-not-coun/ http://www.washingtontimes.com/news/2015/feb/10/donald-lambr... They changed the U3 focus under Bush I will see if I can find the article about it I read way back.