Ok, explain exactly how you measure that a person is both employed and unemployed in any meaningful way?"We conservatives"????No one is voluntarily part time in your world? Besides which, the U-6 doesn't include part timers, or even a significant percent. So even if we assume your ludicrous premise, how could the U-6 be "real" when it ignores so many part timers?The U-6 is not a measure of unemployment. It is Unemployed plus marginally attached to the labor force plus those working part time for economic reasons as a percent of the labor force plus the marginally attached.
To call a measure including people with jobs and people not trying to work as the "actual" unemployment rate defies reason.
You're unbelievable.
Typical big spending, Keynesian trained government statistician.
If someone is part time..................that means they're one foot IN and one foot OUT.
And how do you measure "one foot in and one foot out?" From 1976 to 1993 there was an alternative measure that included half of all part time workers in the numerator, but that's just arbitrary.
This is how statistics work: you have to have clear, unambiguous definitions without overlap. Otherwise your results will be nonsense.
Finally you get to the heart of what we conservatives have been saying is wrong with BLS stats.
You'll find yourself alone if you want such ambiguous classifications in statistics.
It's not a matter of conservative or liberal...it's a matter of measurement.
Oh yeah.............measurements with fucked up assumptions have no bias.
Boy.....................you number crunchers........................about to get a big dose of reality.
And I note you keep complaining about "assumptions" and claiming things are "Keynesian" without EVER saying what assumptions you object to or what makes labor statistic definitions Keynesian.
But let's try: Tell me what the wrong assumptions and what the Keynesian indoctrinated thinking is behind Unemployment being defined as "Unemployment is the condition of somebody who is capable of working, actively seeking work, but unable to find any work"