Quote:
Originally Posted by dippin
U-6 unemployment is also not calculated using info from unemployment benefits.
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No it's useful to knowing just how many truly unemployed people there are. When my wife falls off the unemployment insurance in 3 months, while she's able to and willing to work, looking for a job, she's no longer included in the unemployment rate.
as far as it being deceitful, Martian, I'd say it's equally deceitful for politicians to say that unemployment is dwindling since less people on taking UI benefits, when in reality they just no longer qualify for them due to the length of looking was further than the allotted time to land a new job.
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