Alternative measures of labor underutilization are a range of measures designated U-1 to U-6 by the Bureau of Labor Statistics. U-3 is the official unemployment rate. Other measures limit or expand on the U-3 definition.
Glossary Term
Glossary Term
Alternative measures of labor underutilization are a range of measures designated U-1 to U-6 by the Bureau of Labor Statistics. U-3 is the official unemployment rate. Other measures limit or expand on the U-3 definition.