> are simply not counted as part of the labor force
Which is why I said "real unemployment." The official rate may be 6% but the real rate may be 20% (if we were to count the people who have given up and are now on welfare).
Which is why I said "real unemployment." The official rate may be 6% but the real rate may be 20% (if we were to count the people who have given up and are now on welfare).
No comments yet.