https://www.nytimes.com/interactive/2019/12/12/business/economy/fed-full-employment.html https://www.nytimes.com/interactive/2019/12/12/business/econ... Americ

https://www.nytimes.com/interactive/2019/12/12/business/economy/fed-full-employment.html https://www.nytimes.com/interactive/2019/12/12/business/econ... America has a large shadow labor force. People who do not regularly apply to work are not counted as officially “unemployed.” Have to take this into account.