Birdwatch Note Rating
2023-02-04 19:41:59 UTC - HELPFUL
Rated by Participant: 76B3C354B54C7C16A2E1D6093723377F6292168F93B93B1A15151CBA6E0AA69E
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