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Real Unemployment Rate 14.6 Percent in October

Posted By yihan On November 2, 2012 @ 10:38 am In Featured Stories,Money Watch,Tile | Comments Disabled

Matt Cover
CNSNews.com [1]
November 2, 2012

The so-called real unemployment rate fell slightly in October, going from 14.7 percent to 14.6 percent, according to a report from the Bureau of Labor Statistics Friday.

This rate is a more comprehensive picture of those who are unemployed or underemployed.

Known as the U-6 rate, this measure combines those traditionally counted as unemployed, those counted as underemployed – holding part-time jobs for economic reasons, and those marginally attached to the labor force.

It is considered a more comprehensive measure of the employment pictures because it includes those two additional figures along with the traditional unemployment rate – giving a more thorough look at the impact of the economy on employment.

Full story here. [1]

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URL to article: http://www.prisonplanet.com/real-unemployment-rate-14-6-percent-in-october.html

URLs in this post:

[1] CNSNews.com: http://cnsnews.com/news/article/real-unemployment-rate-146-percent-october

[2] Real U-3 Unemployment Rate: 11.6%: http://www.prisonplanet.com/real-u-3-unemployment-rate-11-6.html

[3] An Unprecedented 26 Million Americans Are Now Underemployed: http://www.prisonplanet.com/an-unprecedented-26-million-americans-are-now-underemployed.html

[4] Real US unemployment rate at 16 pct: Fed official: http://www.prisonplanet.com/real-us-unemployment-rate-at-16-pct-fed-official.html

[5] Persons Not In Labor Force Who Want Job Now Jumps To All Time Record; Real Unemployment Rate At 12.8%: http://www.prisonplanet.com/persons-not-in-labor-force-who-want-job-now-jumps-to-all-time-record-real-unemployment-rate-at-12-8.html

[6] Labor Force Participation Rate Drops To Fresh 25 Year Low, Adjusted Unemployment Rate At 11.7%: http://www.prisonplanet.com/labor-force-participation-rate-drops-to-fresh-25-year-low-adjusted-unemployment-rate-at-11-7.html

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