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> This link outright proves there are not 10 million men unemployed in America. https://www.statista.com/statistics/193244/unemployment-leve https://www.statist
by SpicyLemonZest 5y ago
> This link outright proves there are not 10 million men unemployed in America. https://www.statista.com/statistics/193244/unemployment-leve https://www.statista.com/statistics/193244/unemployment-leve... So who's statistics are right?
Both of them are right, this is a common confusion in unemployment statistics. Unemployment as a technical term refers to people who both don't have a job and are "in the workforce", meaning they gave the right answers for the survey taker to conclude they're looking for a job. People who aren't trying to find a job are "out of the workforce" but not "unemployed".
- sokoloff 5y agoThey aren’t in U-3 (the most commonly cited figure), but might be in U-4, U-5, or U-6 (or might be in school, retired, permanently disabled, or something else that most people wouldn’t think of as “unemployed”). https://www.stlouisfed.org/open-vault/2018/june/unemployment-number-to-watch https://www.stlouisfed.org/open-vault/2018/june/unemployment...