Are unemployment numbers accurate?
It stands, according to the government, at 62.8 percent, meaning that a more accurate version of the official unemployment rate they should have announced this morning would have been 37 percent. For minority communities that rate, of course, is far higher still.Click to see full answer. Herein, why unemployment rate is not an accurate measurement?The…
It stands, according to the government, at 62.8 percent, meaning that a more accurate version of the official unemployment rate they should have announced this morning would have been 37 percent. For minority communities that rate, of course, is far higher still.Click to see full answer. Herein, why unemployment rate is not an accurate measurement?The unemployment rate isn’t an accurate measure of joblessness simply because it doesn’t consider everyone who doesn’t have a job. Unlike the official unemployment rate, however, it takes underemployed and marginally attached workers (including discouraged workers) into consideration as well as unemployed people.Furthermore, what is the real unemployment rate 2019? 3.6 percent People also ask, what are the real unemployment numbers? Compare the Real Unemployment Rate Year (as of January) U3 (Official) U6 (Real) 2016 4.9% 9.9% 2017 4.8% 9.4% 2018 4.4% 8.2% 2019 4.0% 8.1% What is the actual unemployment rate now?The real unemployment rate was 6.7%. It includes those who are underemployed and marginally attached. The real rate also contains 325,000 discouraged workers. These are people who have given up looking for work but would take a job if it were offered.
