Thursday, August 02, 2012

What is U6 unemployment rate ?
The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts "marginally attached workers and those working part-time for economic reasons." Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the "marginally attached workers" include those who have gotten discouraged and stopped looking, but still want to work. The age considered for this calculation is 16 years and over.


Anonymous said...

Today's your day, Jack

Marc R said...

But a "SAVE" at the end,a miracle.

$300 BILLION pulled from stock funds since this part of the LOST GENERATION where they never come back to the markets?

But are they sitting in bond funds, who can survive on 1.5% yields...