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Posted Feb. 3, 2012 on Ed Dolan’s Econ Blog http://dolanecon.blogspot.com
Broad vs. Standard Unemployment Rate
 The BLS also provides a broader
measure of job-market stress, U-6
 The numerator of U-6 includes
 Unemployed persons
 Marginally attached persons who
would like to work but are not looking
because they think there are no jobs
 Part-time workers who would prefer
full-time work but can’t find it
 The denominator includes the labor
force plus the marginally attached
 U-6 fell slightly in January to 15.1
percent, continuing a downward trend

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