>Although terrible for the affected, in the US the unemployment right now is 5%...
U3 is a fanciful number, both because people are using disability insurance as a way to collect benefits indefinitely and because once you give up looking for a job you don't count as unemployed. The US has the lowest labor force participation rate in decades.
U3 is a fanciful number, both because people are using disability insurance as a way to collect benefits indefinitely and because once you give up looking for a job you don't count as unemployed. The US has the lowest labor force participation rate in decades.