Author: vbierschwale

To determine the true unemployed number

First we need to know what the civilian labor force is. As of 1 July 2018, it is 161,539,000 https://fred.stlouisfed.org/graph/fredgraph.png?g=kjLM Then we need to know the unemployment numbers. https://www.bls.gov/news.release/empsit.t15.htm As of today, the may numbers are: U-1 – 1.4 U-2…