Politically editorialized data. They just redefine what unemployed/underemployed means.
But the official numbers are undercounting the unemployed because they also changed the way they interpret the numbers.
The real unemployment rate using the old measurement methods is probably around 8% which isn't good, but it's not 23% which would be deep depression type numbers.
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Politically editorialized data. They just redefine what unemployed/underemployed means.
But the official numbers are undercounting the unemployed because they also changed the way they interpret the numbers.
The real unemployment rate using the old measurement methods is probably around 8% which isn't good, but it's not 23% which would be deep depression type numbers.