Jobless Rate

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The Jobless Rate generally refers to the unemployment rate. However, some people use the term "jobless rate" to denote another broader measure (U-6) that includes people who are unemployed but are not available immediately for work or are not actively seeking employment at the time of the survey.

Objects: Jobless Rate

Historical Jobless Rate
by The trader, uploaded several months ago

...jobless rate is the percentage of people, in the labor force and in a particular country, that are willing to work but are not currently working.
Each country's main goal is to decrease its unemployment rate to move closer to the full employment. Many economists believes that a low unemployment rate...

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