Unemployment Situation Is A Gooey Mess

Don Acke theorizes that the U-3, the government’s rating of unemployment, is not an accurate measure of actual unemployment in the current economy. The rating only measures a single statistic and doesn’t count changing economic factors, such as workers forced into early retirement due to changing market demands. These variables alter the actual rate of unemployment, and the U-3 doesn’t account for them.

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Unemployment Situation Is A Gooey Mess

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