Wednesday, October 28, 2009

real unemployment at ~17%

Table A-12. Alternative measures of labor underutilization

  HOUSEHOLD DATA                                                                                                            HOUSEHOLD DATA

Table A-12. Alternative measures of labor underutilization

(Percent)



Not seasonally adjusted Seasonally adjusted

Measure

Sept. Aug. Sept. Sept. May June July Aug. Sept.
2008 2009 2009 2008 2009 2009 2009 2009 2009


U-1 Persons unemployed 15 weeks or longer, as a percent
of the civilian labor force....................... 2.3 4.9 5.3 2.4 4.5 5.1 5.1 5.1 5.4

U-2 Job losers and persons who completed temporary
jobs, as a percent of the civilian labor force.... 3.0 6.0 6.0 3.5 6.2 6.2 6.2 6.4 6.8

U-3 Total unemployed, as a percent of the civilian
labor force (official unemployment rate).......... 6.0 9.6 9.5 6.2 9.4 9.5 9.4 9.7 9.8

U-4 Total unemployed plus discouraged workers, as a
percent of the civilian labor force plus
discouraged workers............................... 6.2 10.0 9.9 6.5 9.8 10.0 9.8 10.1 10.2

U-5 Total unemployed, plus discouraged workers, plus
all other marginally attached workers, as a
percent of the civilian labor force plus all
marginally attached workers....................... 6.9 10.9 10.8 7.2 10.6 10.8 10.7 11.0 11.1

U-6 Total unemployed, plus all marginally attached
workers, plus total employed part time for
economic reasons, as a percent of the civilian
labor force plus all marginally attached workers.. 10.6 16.5 16.1 11.2 16.4 16.5 16.3 16.8 17.0

NOTE: Marginally attached workers are persons who currently are neither working nor looking for work but indicate that they want and
are available for a job and have looked for work sometime in the recent past. Discouraged workers, a subset of the marginally attached,
have given a job-market related reason for not looking currently for a job. Persons employed part time for economic reasons are those
who want and are available for full-time work but have had to settle for a part-time schedule. For more information, see "BLS intro-
duces new range of alternative unemployment measures," in the October 1995 issue of the Monthly Labor Review. Updated population con-
trols are introduced annually with the release of January data.