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by onlyrealcuzzo
1203 days ago
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In the US, you're not "unemployed" if you don't have a job and you don't want one. I believe if you're a US citizen vacationing long-term in France because your work prospects aren't great at the moment - you'll still show up as not in the labor force in the labor force participation rate: https://fred.stlouisfed.org/series/CIVPART But you won't show up in u-1 through u-6. > Discouraged workers (U-4, U-5, and U-6 measures) are persons who are not in the labor force, want and are available for work, and had looked for a job sometime in the prior 12 months Source: https://www.bls.gov/lau/stalt.htm |
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And, as you say, there are labor force participation numbers if that's what you're interested in.