Real U.S. Unemployment Rate at 23.2%, not 5.5%

By Global Research News
Global Research, March 09, 2015
Shadow Government Statistics 6 March 2015

Url of this article:
https://www.globalresearch.ca/real-u-s-unemployment-rate-at-23-2-not-5-5/5435448

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.

The ShadowStats Alternate Unemployment Rate for January 2015 is 23.2%.

Unemployment Data Series (Subscription required.) View Download Excel CSV File Last Updated: March 6th, 2015

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