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Donald Trump's colossal error on jobs during his press conferenceer A more charitable explanation for Trump would expand the number to include those people who are working part time because they can't find full- time work, all the unemployed and those marginally attached to the workforce. This broader measure of slack in the economy, known as the U6, is about 1.
It's the lowest since May 2. And remember, many of these folks have work, though it's part time. What about the rest? Perhaps some want jobs, but that's not what is shown in the data, gathered from a monthly survey of some 6.
Americans. Some are in school. About 6 percent of the public reported in a 2. Bureau of Labor Statistics that they are not in the labor force because they are going to school.
About 1. 5 percent say they are retired, a percentage that has risen sharply since baby boomers began retiring. Others cite being sick or disabled, or because of home responsibilities. Buy Papa Hemingway In Cuba (2016) The Movie On Dvd there. Again, some of these people may want a job.
For example, some students could be induced to work rather than go to school if the job market were stronger. Some retirees might have retired early because of a slow job market. By that standard, only about 1.
Americans are under- or unemployed relative to the prerecession average. Bush administration, where the U6 fell to 7. By that standard, only about 2 million more Americans are under- or unemployed, so the excess slack in the labor market would be more like 1.