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by georgemcbay 3 hours ago
Also doesn't count the underemployed.

Very common for people suddenly laid-off from salaried work to turn to part-time gig work and that immediately removes them from the 4.3% unemployed statistic.

1 comments

That's U-6 (U-5 plus people involuntarily working part-time). It's 8.1%. Pretty low by historical standards, but not as low as it was 3 years ago (6.9%)