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Long term unemployed and discouraged workers puts the unemployment rate around 11%. If you're going to call numbers, please either know what they mean, or expla
by trevelyan 18y ago
Long term unemployed and discouraged workers puts the unemployment rate around 11%. If you're going to call numbers, please either know what they mean, or explain why your 6% figure is somehow more relevant than the figure that... uh.... measures the total number of unemployed who'd rather be working.
- lacker 18y agoCome on... there is a standard definition of the "unemployment rate" and that's what the original poster is using. Historically speaking we are not yet at recession levels of unemployment. I'm not saying things are going well... just that there is a lot more room for things to get worse. :-/