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March 18, 2009  5:22 PM

Alternative Measures of Labor Underutilization

Posted by: Ed Tittel
coping with job loss, IT careers, IT employment, underemployment, unemployment

How do you measure unemployment? Well, that depends. In fact, the US Bureau of Labor Statistics tracks no fewer than six such measures, though it reports only on one of them as "the official unemployment rate." These measures are known as U1 through U6, where U3 corrresponds to official...


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