Birdwatch Note Rating
2023-02-03 23:43:32 UTC - HELPFUL
Rated by Participant: FDCE1FE4470B33669F34D45F9B6CB883DE6481C8083E9B6C6BBDB117B038287F
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