Analyzing the Unemployment Numbers

Analyzing the Unemployment Numbers

Data scientists look at unemployment in different ways, and it is important to understand which measures account for what portions of the population. While the official unemployment rate (U-3) sits at 4.9%, it does not count for discouraged, marginally attached and involuntary part-time workers (U-6). This U-6 measure was 9.7% in February of 2016.

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