General Discussion
In reply to the discussion: Ann Coulter said if we measured unemployment like Canada our rate would be 23% [View all]stevenleser
(32,886 posts)of labor and statistics. http://www.bls.gov/news.release/empsit.t15.htm
U-6 includes everyone except those that have done absolutely nothing to try to find a job for 365 days or more. Right now U-6 is at 11%.
There are folks who will try to tell you that there are tons of people out there who desperately want a job but who have not tried at all in any way to find one in the last 12 months. I think that number of people is extremely small. If included it might raise the U-6 number to 11.2% at most.
In general, if you want to use the most broad measure possible, U-6 is a good number to use. But again, its only good by itself. Using it to compare performance of this administration to previous ones is apples and oranges.
FYI, when you look at the above linked chart, U-3 is the official unemployment rate.