Why Unemployment Statistics Can Be Very Misleading

[The unemployment] rate refers to "the percentage of the total labor force that is unemployed but actively seeking employment and willing to work." But that rate is not an accurate portrayal of the percentage of Americans who want to work full-time but aren't able to. The 'official' rate doesn't include those whose unemployment benefits have run out, those who are under-employed (e.g. working part-time when they'd rather work full-time) or others who choose for whatever reason not to file an unemployment claim.  

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