4 ms·
Because it's directly comparable with the rest of the worked and is the measure we've used historically - both of which have value. If others decide U6 is the m
by mikeyouse 12y ago
Because it's directly comparable with the rest of the worked and is the measure we've used historically - both of which have value. If others decide U6 is the most important figure, it's reported in literally the same publication as the U3 figure and they can reference it accordingly.
- ThomPete 12y agoThe US and the EU measures unemployement differently. Also U3 is hiding things U6 aren't.