Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Steely Tom
President Barack Obama says that a slight dip in the unemployment rate to 8.9 percent is a sign of continued progress

Progress by his numbers-cooking propagandists. Third-party estimates range from 10.3 to 12%. I bet the truth is much closer to those numbers than zer0's.

20 posted on 03/04/2011 1:46:05 PM PST by paulycy (Islamo-Marxism is Evil.)
[ Post Reply | Private Reply | To 2 | View Replies ]


The BLS also calculates five alternate measures of unemployment, U1 through U6, that measure different aspects of unemployment:

* U1: Percentage of labour force unemployed 15 weeks or longer.

* U2: Percentage of labour force who lost jobs or completed temporary work.

* U3: Official unemployment rate per the ILO definition occurs when people are without jobs and they have actively looked for work within the past four weeks.[2]

* U4: U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.

* U5: U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.

* U6: U5 + Part time workers who want to work full time, but cannot due to economic reasons (underemployment). ------------ Ask the media to report the U4 -U6 numbers

http://en.wikipedia.org/wiki/Unemployment#cite_ref-71

23 posted on 03/04/2011 1:52:46 PM PST by BobSimons
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson