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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (89769)	5/4/2012 4:40:41 PM
From: bart13	Respond to of 219584

I try to count everyone who doesn't have a job and wants one (much like shadowstats, although my U7 reconstruction preceded his - same with my M3 reconstruction), and that includes part timers who want to go full time. All the data used in my formulas comes from the BLS. Original definitions: Unemployment rate type definitions U1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force U2 Job losers and persons who completed temporary jobs, as a percent of the civilian labor force U3 Total unemployed, as a percent of the civilian labor force (the 'official' unemployment rate) U4 Total unemployed plus discouraged workers, as a percent of the civilian labor force U5 Total unemployed, plus discouraged workers, plus all other marginally attached workers as a percent of the civilian labor force U6 Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force(the closest to real unemployment, and the one that should be used when comparing to other countries) U7 U6 plus a broader definition that includes all "discouraged workers". Dropped in 1994.