Heterodox
You can see it here: This is from the Shadowstats.com site.The official US unemployment statistic most frequently used in the media is U-3. But U-3 excludes short-term discouraged workers, marginally-attached workers, and those who want full-time work but cannot find it and are forced to make do with part-time or causal work.U-6 includes these types of people, and, by U-6, US employment in 2016 stands at 10%.But it is worse than this, because there are long-term demoralised and discouraged...
Read More »The Real Level of US Unemployment
