3 ms·
You are right, it is a flawed number, it does not take into account "the discouraged(people who gave up looking for work)", "the startup(ie most of YC)", prison
by sireat 17y ago
You are right, it is a flawed number, it does not take into account "the discouraged(people who gave up looking for work)", "the startup(ie most of YC)", prisoners(1.5% of theworking population in US) and some other groups.
However, 10.2% unemployment even by flawed definition is still significant.