Birdwatch Note
2023-03-10 16:05:43 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
It is inaccurate to use the U3 value of 3.6%. In 1994 the Bureau of Labor and Statistics (BLS) changed its unemployment calculation method. The appropriate comparison for pre 1994 data is the BLS U6 which was at 6.6% in February-making it a 32 year low. U6 is currently 6.8% https://www.bls.gov/cps/cps_htgm.htm#employed https://www.bls.gov/news.release/empsit.t15.htm https://www.investopedia.com/articles/investing/080415/true-unemployment-rate-u6-vs-u3.asp
Written by 5B71CD99CD1BB54B06D1FFBF682378923BBDD840DE92C4CCD558C9A693E023D2
Participant Details
Original Tweet
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All Information
- ID - 1634224019456299008
- noteId - 1634224019456299008
- participantId - 5B71CD99CD1BB54B06D1FFBF682378923BBDD840DE92C4CCD558C9A693E023D2
- noteAuthorParticipantId -
- createdAtMillis - 1678464343308
- tweetId - 1634218814358315008
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
- believable -
- harmful -
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- misleadingOther - 0
- misleadingFactualError - 1
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- trustworthySources - 1
- summary
- It is inaccurate to use the U3 value of 3.6%. In 1994 the Bureau of Labor and Statistics (BLS) changed its unemployment calculation method. The appropriate comparison for pre 1994 data is the BLS U6 which was at 6.6% in February-making it a 32 year low. U6 is currently 6.8% https://www.bls.gov/cps/cps_htgm.htm#employed https://www.bls.gov/news.release/empsit.t15.htm https://www.investopedia.com/articles/investing/080415/true-unemployment-rate-u6-vs-u3.asp
Note Status History
| createdAt | timestampMillisOfFirstNonNMRStatus | firstNonNMRStatus | timestampMillisOfCurrentStatus | currentStatus | timestampMillisOfLatestNonNMRStatus | mostRecentNonNMRStatus | participantId |
| 2023-03-10 16:05:43 UTC (1678464343308) |
1969-12-31 23:59:59 UTC (-1) |
2023-03-11 02:40:40 UTC (1678502440177) |
NEEDS_MORE_RATINGS | 1969-12-31 23:59:59 UTC (-1) |
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