Bono Gone Bonkers: Don't Look at U2; Look at U6
Monday, October 31, 2011 at 12:19AM
Stickman ED

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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