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Those are the official numbers after the US changed the way it counts unemployment so as to appear better. If you go back to the way unemployment was counted b
by slowmovintarget 4y ago
Those are the official numbers after the US changed the way it counts unemployment so as to appear better.
If you go back to the way unemployment was counted before President G. W. Bush, you end up with higher rates.
The current U-6 unemployment rate in the U.S. is 6.6%. That adds back in discouraged workers, workers on long-term unemployment, and workers on part-time employment because of the economy.
- carlosjobim 4y agoEuropean governments commit massive fraud with how they count their unemployment numbers as well, so comparisons are difficult.