Tuesday, June 11, 2013

The Jobs Report Covering May 2013: About As Good As It Is Going To Get And Still Too Insufficient By Far

The Jobs Report Covering May 2013: About As Good As It Is Going To Get And Still Too Insufficient By Far « naked capitalism: "The U-6
The BLS’ broader measure of un- and under employment, the U-6, decreased, seasonally adjusted 0.1% to 13.8%.
Unadjusted, it was unchanged at 13.4%.

Seasonally adjusted, the U-6 is composed of 11.760 million unemployed, 7.904 million involuntary part time workers, and 2.164 million of the marginally attached (those who have no job but looked for work in the last year but not the last month), or 21.828 million total, a decrease of 94,000 from April."

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