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As far as I know those people have never been counted. Certainly not recently. Unemployment is really hard to calculate
by space_fountain 9y ago
As far as I know those people have never been counted. Certainly not recently. Unemployment is really hard to calculate
- Bartweiss 9y agoThey're not included in 'unemployment' as commonly cited, but they're regularly counted. The labor force participation rate describes how many people of working age are trying to work. 'NEET' stats remove from that number education or vocational training students. And economists use multiple definitions of unemployment accounting for many different things. U3 is commonly cited, but misleading for this purpose. U4 captures people who want to work but assume it isn't available, U5 captures other unattached workers, and U6 even adds part time workers seeking full time work.