Different Measures of Unemployment: Is There Just One Number to Watch?

Doreen Fagan

Open Vault from Federal Reserve Bank of St. Louis

Abstract: There are different ways to track labor underutilization. The unemployment rate (U-3) is the most common, though it doesn't include discouraged or underemployed workers.

Date: 2023-02-15
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:102687

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