Quote:
Originally Posted by xoxoxoBruce
It's the same fucking number they've been reporting for the last 50 years, but now suddenly it's smoke and mirrors?
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I think right now there are weird ways of counting. If someone is on Fed extensions, they are not in the U3 number (from what I understand) but are counted in the U6 which also includes part time workers who want full time work.
I admit, I could easily be wrong in how I understand it all.
Long, blah blah info here:
http://en.wikipedia.org/wiki/Unemployment