> which means the statistic doesn't count them They do, they're called "not in labor force" [0] If you include the unemployed as well as those who want a job

> which means the statistic doesn't count them They do, they're called "not in labor force" [0] If you include the unemployed as well as those who want a job but aren't actively looking, it's around 5% which is considered low. But the point of the article is that the unemployment rate is moving in the opposite direction to the arrears rate. Unless the basis for these figures has changed recently, this would require that an abnormal number of graduates aree becoming less emlpoyed while an abnormal, and larger, number of grads are becoming employed. Seems unlikely. > ...perhaps are underemployed Are you sure? I'm not totally familiar with the exact counting mechanism in the US but, in the UK, if someone is in part-time work but is looking for more hours or full-time work, then they count as unemployed, not employed. [0] https://www.bls.gov/cps/cpsaat35.htm https://www.bls.gov/cps/cpsaat35.htm