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by gruez 878 days ago
>changing the definition of unemployment

source? There's various definitions of unemployment (U-1 through U-6), but to my knowledge they haven't changed those definitions, nor have they changed what the "headline" unemployment rate corresponds to (U-3). Finally the BLS openly publishes figures for all the different unemployment rates, so it doesn't seem like they're trying to hide anything either.

[1] https://www.bls.gov/lau/stalt.htm

1 comments

Don’t bother. If Trump wins in November their opinion on the economy will turn on a dime in late Jan 2025.