It’s silly. The only thing to follow is U6 and the participation rate at this point.
What is "U6"? One thing I wish they'd stop is a seasonally adjusted number. It would be much more accurate to give the raw data and let the analysts do the analyzing, taking into account things like seasonal fluctuation.
If the numbers were given accurately, with the unemployment number being based on people who would work if they could, the unemployment percentage would be really high, we all agree. It would actually help, because the argument could easily be made that there is no need for foreign labor in the US, invader or otherwise.