[in hoc signo vinces]

The real question is what "labor component" is left out of the determination, which is the point. I understand "who" is considered unemployed...but the question put forth was "Is there a componenet of "unemployed" labor left out of the unemployment rate calculation?"

Yes, the BEA. w/o regard to the BLS, tracks all national economic statistics from manufacturing output to labor. usage...

[1rudeboy]

. . . but the question put forth was "Is there a componenet of "unemployed" labor left out of the unemployment rate calculation?"

Yes, and people whose unemployment benefits have run out are not, because failure to qualify for benefits is not a determining factor.