Underemployment (U-6) Down to 15.9%

Nice jobs report on Friday. Let’s hope we get twenty or thirty more.

One good sign is that the broad U-6 measure of underemployment continues to fall. It peaked at 17.4% in October 2009 and was still as high as 17.0% last November.

In February it was down to 15.9%:

(As you may recall, the U-6 measures includes the officially unemployed, marginally attached workers, and those who are working part-time but want full-time work.)

2 thoughts on “Underemployment (U-6) Down to 15.9%”

  1. “Lies, damn lies and statistics.”

    Many attribute that quote to Mark Twain, but I have it on good authority that, this quote is actually the entire Obama economic recovery plan

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