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Topic: US state unemployment rates for dec. 2008 to 2009 Replies: 1 posts
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EUcitizens
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« on: February 06, 2010, 01:01:28 AM »


I just looked at the US state unemployment numbers for december 2008 to 2009 and here they are:

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EUcitizens
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« Reply #1 on: February 06, 2010, 10:34:34 PM »

The above figures are u-3 unemployment rates, but there is a broader measure thats called u-6 unemployment rate, which i will show below. As you can see then, the unemployment rates are now more than 20% in Michigan and California. The numbers are probably even higher since its a 2009 average, since the numbers has increased later in the year (as you can see in my first figure).

Quote
U-1, persons unemployed 15 weeks or longer, as a percent of the civilian labor force;
U-2, job losers and persons who completed temporary jobs, as a percent of the civilian labor force;
U-3, total unemployed, as a percent of the civilian labor force (this is the definition used for the official unemployment rate);
U-4, total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers;
U-5, total unemployed, plus discouraged workers, plus all other marginally attached workers, as a percent of the civilian labor force plus all marginally attached workers; and
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.
Here are the numbers:



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