Fully Deluded: Wall Street Rag

Persons "Marginally Attached to the Labor Force" +B/D

Posted from The Big Picture 94 days ago
Fully Deluded : Market

Early last month, we suggested that it would be more instructive if the media began reporting U3 and U6 Unemployment together. (Unemployment Reporting: A Modest Proposal (U3 + U6) Northern Trust's Asha Bangalore appears to have been thinking along the same lines, for her NFP post-mortem includes the following: Household Survey – The BLS also publishes information about marginally attached persons to the labor force. These folks are either discouraged workers or they want to work and are available but are not working and have looked for work in the recent past. If we sum the number officially... (original story)