Birdwatch Note Rating
2023-02-03 23:57:24 UTC - HELPFUL
Rated by Participant: F21DEDB3AD80F3C8681C40D3482EA1006534A7A5C8B4DBBF63B3999A8E4353A4
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