Relevant:
- Payroll Disaster: Nonfarm Payroll +115,000 Establishment Survey But -169,000 Household Survey, Labor Force Drops by 342,000
- Nonfarm Payroll +120,000, Unemployment Rate Fell .1 to 8.2%, Record 87,897,000 "Not in Labor Force"
- Unemployment Rate: Part-Timers Are Hidden From Data
- Part-Time Workers Mask Unemployment Woes
- Interpreting The Head-Scratching Unemployment Claims Data
2009-04-04 — blogspot.com
"The official unemployment rate is 8.5% and rising sharply. However, if you start counting all the people that want a job but gave up, all the people with part-time jobs that want a full-time job, all the people who dropped off the unemployment rolls because their unemployment benefits ran out, etc., you get a closer picture of what the unemployment rate is. That number is in the last row labeled U-6."
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