Friday, April 02, 2010

Numbers Behind The Numbers

While the standard measure of unemployment remained at 9.7%, U6, the broader measure, went from 16.8 to 16.9% (not a big increase).

Involuntary(.pdf) part-time workers increased from 8.79 million to 9.05 million.

Long-term unemployed (27+ weeks) increased 414,000 to 6.5 million. 44% of the unemployed are long-term unemployed.

There were small upward revisions to the January and February jobs numbers.