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Stories of Wonder and Amazement: Everything you might want to know about unemployment calculations...

Thursday, March 26, 2009

Everything you might want to know about unemployment calculations...

...but didn't care enough to research for yourself.

The BLS has a pretty good explanation of all the various rates (u-1 through u-6), the PDF can be found here

If you want the very most recent data (Feb 09) you'll have to grab the table yourself on the BLS website. Nationwide U-6 was 16% in February.
http://www.bls.gov/news.release/empsit.t12.htm is where the table can be found

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