Birdwatch Note Rating
2023-02-04 19:04:43 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 38DE69656D6120E9E952293611444CC4C4C1220B4C947B4D54485FBF70997F24
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