February 5, 201511 yr Here's a decent explanation... https://www.linkedin.com/pulse/big-lie-56-unemployment-jim-clifton
February 5, 201511 yr Interesting article and one I think most people can follow as opposed to some that can really confuse the reader. I would question his "good job" percent of 44% as it sounds like he is including retirees in his 18 years old and up category. I realize there are a lot of older people still in the workforce but I wonder if that should be capped at 66 or even 70. Regardless it's obvious the unemployment number has always been understated.
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