Birdwatch Note Rating
2023-02-04 00:36:52 UTC - HELPFUL
Rated by Participant: 9E2542433FE055CBA699C5BEFB0B26A4264D7132E4490E602FBE123D2E5015F2
Participant Details
Original Note:
The 1960s BLS used a broader definition of unemployment that included those who were discouraged from seeking employment and who worked part-time. The current U3 measure only counts unemployed if they actively seek employment. Use the U6 (6.6%) for historical comparisons. https://www.bls.gov/cps/cps_htgm.htm#employed https://www.bls.gov/news.release/empsit.t15.htm
All Note Details