|
|
|
|
|
by hmschreck
2969 days ago
|
|
This is how the BLS U3 statistic is arrived at. The U3 is the federal-level unemployment figure that is most commonly pointed to. The U3 specifically does not include discouraged workers, those who are underemployed, or those who simply aren't looking. As long as we are comparing apples to apples (i.e., these figures are all indicative of the same basic data with the same restrictions), there's no issue comparing them. |
|
The "same restrictions" apply, but countries in the first category will have fewer "unemployed" people even if they have the same number of discouraged/underemployed/jobless/whatever people.
Is that apples to apples?