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More Americans filed for unemployment benefits last week, but U.S. layoffs remain in the same historically healthy range of ...
The way we currently calculate unemployment rates distorts the economic reality of this community.
“The way we calculate unemployment is that in order for you to be seen as an unemployed person, you have to actively search for a job," Kulkarni said.
Key Takeaways The U.S. unemployment rate is the percentage of the labor force without a job, but able to work and actively searching for work. The unemployment rate is calculated monthly by the U ...
The Citi economists point out that employment as measured in the household survey -- used to calculate unemployment -- has been weaker than the survey of establishments.