Document Type

Article

Publication Title

Center for Economics and the Environment: Policy Series

Abstract

Official unemployment rates produced by the Bureau of Labor Statistics (BLS) are intended to capture the extent to which the economy is generating employment for those adults who want to work. It has been known for some time, however, that, because of the discouraged-worker effect, the official unemployment rates understate the true extent of unemployment. The BLS produces alternative measures that are meant to address this problem, but, because these measures exclude anyone who has been discouraged for more than a year, they are inadequate given the prolonged nature of the current recovery.

Publication Date

1-26-2012

Creative Commons License

Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License
This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.

Included in

Business Commons

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.