Why The Real Unemployment Rate Is Much Higher Than 14.7%


(From Investors Business Daily)

The broadest measure of labor underutilization, which includes those with reduced hours, jumped from 8.7% to 22.8%.

The number of people working part-time for economic reasons, not by choice, jumped to 10.7 million in April from 4.2 million in February.

Source: https://www.ac2news.com/2020/05/why-the-real-unemployment-rate-is-much-higher-than-14-7/

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