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I'm afraid that your analysis of the statistics is flawed: this diary goes through it in some detail.

In fact the Bureau of Labour Statistics does measure the number of "discouraged" workers and lots of other things: the U-6 number here includes underutilised labour. It's at 9% or so.

The BLS national figures for unemployment are not based on the numbers collecting unemployment insurance. At the state level that might be true.

by Colman (colman at eurotrib.com) on Tue Mar 28th, 2006 at 08:21:07 AM EST
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