EJ Antoni/Heritage on What Unemployment Rate We Should Be Looking At

EJ Antoni/Heritage writes alarmingly about how excluding marginally attached workers from the calculation of unemployment is misleading: Once you factor in the millions of people missing from the labor market (don’t have jobs but are excluded from official unemployment calculation), the unemployment rate jumps from 4.2% to somewhere btwn 7.0% and 8.5%, depending on methodology: … Continue reading EJ Antoni/Heritage on What Unemployment Rate We Should Be Looking At