Submitted by Wega58 t3_125wsx4 in wallstreetbets
MicroBadger_ t1_je7sw30 wrote
Reply to comment by samnater in Stagflation 2023: The Looming Economic Nightmare You Can't Afford to Ignore by Wega58
Unemployment number has several categories. U3 is what's commonly reported in the news and looks at people who are unemployed and looked in the past 4 weeks. U6 doesn't include that time restriction, includes people who've given up looking either cause they are discouraged or have left the work force but plan to come back at a later date, and includes part time workers who want full time work.
samnater t1_je7wpkp wrote
Thanks. Cheers mate! 🥂
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