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Different Measures of Unemployment: Is There Just One Number to Watch?
Abstract: There are different ways to track labor underutilization. The unemployment rate (U-3) is the most common, though it doesn't include discouraged or underemployed workers.
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https://www.stlouisfed.org/open-vault/2018/june/unemployment-number-to-watch
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https://fraser.stlouisfed.org/title/open-vault-9398/different-measures-unemployment-one-number-watch-688211
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Provider: Federal Reserve Bank of St. Louis
Publication Date: 2023-02-15