8d • Job Search Powerup
Understanding Unemployment Rates
Most of the time, the “unemployment rate” you see in the news (called U-3) only counts people who don’t have a job and are actively looking for one. But that number leaves out a lot of people who are struggling. U-4 adds in discouraged workers who want a job but stopped searching, while U-6 also includes people working part-time who really want full-time work, plus others on the sidelines who would take a job if one came along. In short: U-3 is the official number, U-4 digs a little deeper, and U-6 shows the full picture of how many people don’t have the work they want.
1
1 comment
Understanding Unemployment Rates
powered by
skool.com/job-search-powerup-9830
Power up your IT job search with insider advice from a former Amazon recruiter. Get proven strategies, tips, and tricks to land your next role faster.
Suggested communities
Powered by