thereisnospoon
Gold Member
Can you support that?
Look in subsequent post.
I find it incredible that some of you have never heard of or choose to ignore this data.
Not that......this:
To my knowledge, no.
according to this definition, U-6 DOES NOT include retirees..
U-6 Unemployment Rate - What Does It Mean?
supporting source...
Portal Seven | U6 Unemployment Rate
"The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts "marginally attached workers and those working part-time for economic reasons." Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the "marginally attached workers" include those who have gotten discouraged and stopped looking, but still want to work. The age considered for this calculation is 16 years and over"...
IMO It would be illogical and a grand deception on the part of the BLS to include retired persons as part of the work force.
I think this pretty much settles the issue.
U-6 is the most accurate table of unemployment stats.