3 ms·
> The unemployment rate is calculated from a monthly survey of 60k households. Is this really true? I thought it was simply calculated from unemployment benefi
by somedude895 3y ago
> The unemployment rate is calculated from a monthly survey of 60k households.
Is this really true? I thought it was simply calculated from unemployment benefits claims and thus didn't include long-term unemployed?
- defrost 3y agoIt's computed in multiple different ways that all give similar (bar the differences) highly correlated results: US Bureau of Labor Statistics: Alternative measures of labor underutilization https://www.bls.gov/news.release/empsit.t15.htm https://www.bls.gov/news.release/empsit.t15.htm