The U.S. Bureau of Labor Statistics does not define people as “unemployed” unless they are actively looking for work. In the bureau’s Employment Situation report for June, 5.4 million people did not ...
Stay-at-home orders issued to slow the spread of COVID-19 may have severely distorted labor market statistics, notably the official unemployment rate. A method to correct the survey biases associated ...
The US Bureau of Labor Statistics reported 227,000 jobs were added to the economy in the month of November, just above economist estimates of 220,000. This was a major rebound from October's report, ...
Once upon a time, full employment was an objective of Australia's Government, and it meant what it sounded like. From 1946 until 1975, successive federal governments — Labor and Liberal — kept the ...
In this series of articles we try answer common questions about whether we can trust employment statistics, and go beyond the headline figures to assess the health of the labour market more ...
Masudur Rahman completed his post-graduation in economics from Sirajganj Government College last year. He is still looking for jobs to support the income of his six-member family. He is currently ...
We put together the graphic below to show U-3, U-4, U-5 and U-6 trends under President Barack Obama. As the chart shows, all of the measures continued upward early in the Obama presidency. And all ...
The drop in the headline unemployment number could be offering false hope. By Jed Kolko The recent jobs report for May seemed to bring good news: more jobs and lower unemployment. But the coronavirus ...
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