Good question, from what I can gather, it is added to the denominator to make sure the rate is adjusted towards them, though I don’t fully understand that.
As for your clarification, while they are “alternative measures”, I believe they are still unemployment rates with the main difference between them being who gets defined as unemployed. Can you clarify why you believe they aren’t unemployment rates?
Good question, from what I can gather, it is added to the denominator to make sure the rate is adjusted towards them, though I don’t fully understand that.
As for your clarification, while they are “alternative measures”, I believe they are still unemployment rates with the main difference between them being who gets defined as unemployed. Can you clarify why you believe they aren’t unemployment rates?