The Big Lie: 5.6% Unemployment

Re:The Big Lie: 5.6% Unemployment by tootie on Tuesday February 03, 2015 @02:23PM (#8992618)

Exactly. It's an INDICATOR. It's not a terribly useful metric in and of itself, but it signals the state of many other metrics in one neat package. U1-U6 all pretty much move in lockstep with each other.

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Re:The Big Lie: 5.6% Unemployment by ska on Tuesday February 03, 2015 @04:33PM (#8993540)

I've often thought half the confusion with these could have been avoided if U3 was called the "unemployment indicator".

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