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Pastimes : Discussion Thread
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To: RMF who wrote (3620)3/8/2010 11:49:19 PM
From: TimF  Read Replies (2) of 3816
 
and people that are working partime or are "underemployed"

I suspected you included them. Those people have jobs. They are not unemployed by any reasonable definition of the word.

The "discouraged" workers on the other hand, could reasonably be counted, but only with the understanding that previous downturns would also have had discouraged workers, and that you can't compare the official unemployment rates (at least before the change was made decades ago, I think in the 60s, if not it was the late 50s) of previous downturns.

For example the unemployment from the early 80s was slightly worse than today's. If you add discouraged workers to today's figures but not the early 80s it makes today's figure look much worse rather than slightly better, but its an unfair comparison.
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