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Yes, presumably the chart is U3.  That's the metric most countries use for headline unemployment.

Again, on what grounds do you argue they're "grossly underreported"?

Also, you'll have to explain your rationale behind the self-employment stuff you're on about.

Not saying you're wrong on either count, necessarily, but 99 times out of 100, when people bitch about BLS's employment and inflation stats, they're spouting nonsense they read at ShadowStats or Zero Hedge or from some woo-peddling dipshit in the comments at Daily Kos.  Or they simply don't understand concepts like seasonal adjustment and chain-weighting and there being more than one measure for unemployment.

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Tue Apr 21st, 2015 at 05:22:53 PM EST
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