|01-09-2012, 05:24 PM||#1|
Lets go Broncos!
Join Date: Dec 2004
Location: Gensis Planet
Crunching the Jobless Numbers
|01-10-2012, 01:46 AM||#2|
I'm not sure what the he[[ "Implied Jobless Rate" is, but I do know what the jobless rate has been and is.
The figure usually quoted is called the U3 rate and is the lowest number, but the most accurate measure is called U5. This includes those that haven't looked for a job in the past month, who are excluded in U3, but not those working part time that wish to work full time as in the U6 rate. Here's the U5 chart showing unemployment:
If you want to add those working part time, it's about another 5% to 5.5%