Unemployment, Part II

The official unemployment rate (U3) used by the U.S. Bureau of Labor Statistics (BLS) is not based on the number of people collecting unemployment benefits. It is based on a monthly national survey of 60,000 households. U3 includes individuals who do not have a job, have actively looked for a job in the last four […]

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The Unemployed?

Preliminary data from the Bureau of Labor Statistics reports that the official seasonally adjusted unemployment rate in March in Wisconsin fell slightly from 6.9 to 6.8 percent. What does the official unemployment rate include? A. All people eligible for unemployment benefits B. All people who are unemployed regardless of whether they are eligible for unemployment […]

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