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More people are jobless than you think..

Oh yes your Government will give you statistics saying for example 15% percent of Americans are unemployed. How they get that 15% is by how many US citizens are on welfare- they don't mention the homeless, those suspended from welfare, the people with terrible mental health that can't even function enough to apply for welfare, or the 'self employed' prostitutes, drug dealers etc.
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katielass · F
No, actually the government gets the unemployment rate from the number of unemployment claims. Once you have been unemployed for 6 months you are dropped from the calculation. You no longer count in the unemployment rate. You are however reflected in the labour participation rate. That tells us what percentage of working age people are in the work force. Both numbers are critical in determining the true picture of the jobless rate.