Re:The Big Lie: 5.6% Unemployment
by bibabo on Wednesday February 04, 2015 @01:09AM
(#8995565)
Most interesting is this: Many people compare other countries unemployment to US U3 not US U6/U5 while countries with gov. unemployement benefits (unemployed are people who get money, which includes people not looking or with a small amount of income) have numbers more in tune with U6/U5 and should be compared to U6/U5.
This makes the US economy always looks nicer.
(Same for GDP with chained dollars btw.)