Birdwatch Note Rating
2023-02-03 22:52:44 UTC - HELPFUL
Rated by Participant: DA19921BEB00E9D775B755B755E493E0D2905DA336BC7B08F493947B30CE2A03
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