pinqy
Gold Member
That's a very misleading article. Let's look at the exact definition of unemployed until 1967:/----/ There are plenty more articles out there if you're interested in the facts. See how it was counted in the 1960s Unemployment Rate | President : Lyndon Baines Johnson/----/ Don't Be Fooled, The Obama Unemployment Rate Is 11%/----/ no it's changed over the years.Why does the way we calculate unemployment have to change? We've always counted unemployment the way we do.
And yet you provide no evidence to support your claim. Link to the changes.
Fail. Your link just says that we aren't counting the numbers which means we are counting the numbers under Trump either. We are counting the numbers the same way we've always counted them and your link says nothing about it being changed
Employment & Earnings July 1965
Unemployed Persons comprise all persons who did not work at all during the survey week and were looking for work, regardless of whether or not they were eligible for unemployment insurance. Also included as unemployed are those who did not work at all and (a) were waiting to be called back to a job from which they had been laid off; or (b) were waiting to report to a new wage or salary job within 30 days (and were not in school during the survey week); or (c) would have been looking for work except that they were temporarily ill or believed no work was available in their line of work or in the community. Persons in this latter category will usually be residents of a community in which there are only a few dominant industries which were shut down during the survey week. Not included in this category are persons who say they were not looking for work because they were too old, too young, or handicapped in any way.
This definition obviously had some problems. "were looking for work" is very vague, and "would have been looking for work" is very subjective. In 1967 the definition changed.
Employment & Earnings July 1967
Unemployed persons comprise all persons who did not work during the survey week, who made specific efforts to find a job within the past 4 weeks, and who were available for work during the survey week (except for temporary illness). Also included as unemployed are those who did not work at all, were available for work, and (a) were waiting to be called back to a job from which they had been laid off; or (b) were waiting to report to a new wage or salary job within 30 days.
And the current definition, as of 1994 is:
Unemployed persons. All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.
The definition really hasn't changed that much. The Portal 7 link tries to imply that the U-6 definition was previously used, but Marginally Attached was not a category before 1994.