No, the scale on the laft is simply the number of people in the Labor Force, which is defined as everyone age 16 and older not in the military, prison, or an institution, who is either working or actively looking for work.They're not different. Point out what you think the difference is. They're both everyone in the U.S. age 16 and older excluding military, and people in prison or other institution.If you dont understand why the two statements are different then you really shouldn't be having this conversation.Ummm, how do you think that's different from what I said?You are so fucking stupid you don't even know what you're talking about.No, the scale on the laft is simply the number of people in the Labor Force, which is defined as everyone age 16 and older not in the military, prison, or an institution, who is either working or actively looking for work. The red line is the UE rate which is the percent of the labor force that is unemployed.
Civilian Labor Force is the sum of civilian employment and civilian unemployment. These individuals are civilians (not members of the Armed Services) who are age 16 years or older, and are not in institutions such as prisons, mental hospitals, or nursing homes.]
vs
]Civilian Labor Force is the sum of civilian employment and civilian unemployment. These individuals are civilians (not members of the Armed Services) who are age 16 years or older, and are not in institutions such as prisons, mental hospitals, or nursing homes
Understand it now or you need arrows?