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    Monday
    Oct312011

    Bono Gone Bonkers: Don't Look at U2; Look at U6

    Reading the Fine Print

     

    How Bureau of Labor Statistics Calculates Unemployment: U1-U6

     

     

    Here is magnified fine print of definitions of U1-U6; if you include people who have basically given up looking for a job the underemployment (read: Unemployment is really 16.5%)

     

     


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