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[35] A 2018 Bloomberg article described the "disguised unemployed", including workers described as "marginally attached" workers who are looking for work but have not actively in the last month. [35] The "disguised unemployed" include "discouraged" workers who stopped looking because there were no jobs during the "deep and long recession". [35]
Discouraged Workers (US, 2004-09) In the United States, a discouraged worker is defined as a person not in the labor force who wants and is available for a job and who has looked for work sometime in the past 12 months (or since the end of his or her last job if a job was held within the past 12 months), but who is not currently looking because of real or perceived poor employment prospects.
Note: "Marginally attached workers" are added to the total labour force for unemployment rate calculation for U4, U5, and U6. The BLS revised the CPS in 1994 and among the changes the measure representing the official unemployment rate was renamed U3 instead of U5. [61]
Initial claims for state unemployment benefits rose 11,000 to a seasonally adjusted 219,000 for the week ended February 1, the Labor Department said on Thursday. "There is nothing to worry about ...
"The pandemic has underscored that low-wage workers in Canada work harder than anyone else in this country, for less pay," said Deputy Prime Minister and Minister of Finance, Chrystia Freeland.
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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; 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 ...
For instance, in the fourth quarter of 2020 — the latest data available — Black workers had an unemployment rate above 10% in 12 out of the 21 states that provide such breakdowns, according to ...