Rather than looking at unemployment, I think it’s more informative to look at total employment, which accounts for people who retire, remain students, get themselves declared disabled, or are otherwise neither considered unemployed nor actually working. It’s a little annoying to extract from the BLS’s web site, so here it is:
Rather than looking at unemployment, I think it’s more informative to look at total employment, which accounts for people who retire, remain students, get themselves declared disabled, or are otherwise neither considered unemployed nor actually working. It’s a little annoying to extract from the BLS’s web site, so here it is:
See my response to buybuydavis.