Are you *officially* unemployed? The reported rate actually excludes millions of jobless Americans.
Hello jobless Americans! The latest job figures have been released, so lets see if you are officially unemployed!
Contestant #1 have you recently found a job?
No, no one is hiring right now. I havent even bothered to look.
Sorry you are not in the labor market and therefore you are NOT UNEMPLOYED.
Contestant #2 have you recently found a job?
No not yet the industry isn’t doing so well. I need job but i stopped looking because all the plants closed down.
Sorry you’re not working but you’re not officially in the job market so you are NOT UNEMPLOYED
Contestant #3 you were recently an airline pilot, after your recent downsizing; have you found work?
I’m still looking for a real job, all I could get was 4 hours a week part time.
Sorry 4 hours counts as employed, so you are NOT UNEMPLOYED.
Contestant #4 you recently lost your job as a stock broker, have you recently found a job
No, I haven’t yet but I did look in the classified last week….
CONGRATULATIONS you get to be counted in the official unemployment rate!
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