Birdwatch Note Rating
2023-02-03 23:32:44 UTC - HELPFUL
Rated by Participant: EB5DDAF1437A570E894B0D2BC11D8A09365A35093570A5499C07B3469ECD0A55
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