Search results
Results from the WOW.Com Content Network
According to ABS, there were 808,000 persons classified as unemployed in February 2021 plus an additional 1.157 million marginally attached to the labor force. [31] The 113,000 discouraged workers fall into this marginally attached group. The top three reasons that discouraged workers in Australia did not actively seek work in the week prior were:
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 ...
The unemployment rate (U-6) is a wider measure of unemployment, which treats additional workers as unemployed (e.g., those employed part-time for economic reasons and certain "marginally attached" workers outside the labor force, who have looked for a job within the last year, but not within the last 4 weeks).
Along with learning that teenagers are highly unemployed, the recent report describes how "marginally" attached workers to the labor force are.
For premium support please call: 800-290-4726 more ways to reach us
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]
Along with learning that teenagers are highly unemployed, the recent report describes how "marginally" attached workers to the labor force are 'Marginally attached' workers to labor force growing ...
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 ...