Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
No, they wouldn't count as they wouldn't have been looking for work.

You're generally counted as unemployed if you're available for and actively searching for work but don't have any.

by Colman (colman at eurotrib.com) on Tue Mar 28th, 2006 at 10:26:49 AM EST
[ Parent ]
Right, so a direct comparison of the unemployment rates is problematic.
by Wolke on Tue Mar 28th, 2006 at 10:29:24 AM EST
[ Parent ]
Why? Unemployment measures the number of people looking for work. If you mean that the labour participation has risen from (guessing) 45% to 70% that's true but not directly relevant. It's one factor certainly: there are far more people in work now than in the 60s.

Welcome aboard by the way,

by Colman (colman at eurotrib.com) on Tue Mar 28th, 2006 at 10:36:17 AM EST
[ Parent ]

Display: