This information looking at unemployment rate with respect to labor force is misleading.

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This information looking at unemployment rate with respect to labor force is misleading. I think we need to redefine unemployment rate with respect to population rather than labor force. The population not employed for various reasons defines the stress level in the society, and on the overall economy. For more info, check out the analytics collection. More details coming soon.

Originally shared by Dr. Farzana Rashid Hossain, MD

FYI/ICYM: ...unemployment rate fell to 4.3%, the lowest level in 16 years ...


https://blogs.wsj.com/economics/2017/06/02/the-may-jobs-report-in-11-charts/ via wsj





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