12.3%: ‘Total Unemployed’ Rate in USA

May 2, 2014 - 2:01 PM

unemployment
(CNSNews.com) – While the national unemployment rate declined from 6.7% in March to 6.3% in April, the rate for total unemployed workers in America, what the Bureau of Labor Statistics (BLS) calls the U-6 Measure, was 12.3% in April.

That 12.3% rate refers to “total unemployed,” says the BLS, and this includes the unemployed “plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force.”

The marginally attached are people who currently “are neither working nor looking for work” but have looked for a job sometime over the last 12 months. The people counted as “part time” are those who want and have looked for full-time employment but have had to settle for a part-time job.