Sunday, February 5, 2012

16.2 % Unemployment

There are at least six different government measures of 'unemployment', all heavily massaged and politically deformed. I follow the most accurate of these, the 'U-6', as being closest to reality. That's another way of saying least dishonest.

"U-6: Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force"


January 2012 = 16.2%

2 comments:

Suz said...

Will somebody pleas whack Washington upside the head with this?

Art said...

Kinda like the Consumer Price Index that doesn't include Energy or Food, cuz, y'know, those prices go up and down too much.