Re:Ask HN: Why on Earth does Europe have 3 month notice peri...
by carlosjobim on Thursday February 16, 2023 @10:31AM
(#34819934)
European governments commit massive fraud with how they count their unemployment numbers as well, so comparisons are difficult.
If you go back to the way unemployment was counted before President G. W. Bush, you end up with higher rates.
The current U-6 unemployment rate in the U.S. is 6.6%. That adds back in discouraged workers, workers on long-term unemployment, and workers on part-time employment because of the economy.