Feb 21, 2017

The Shadow Unemployment Rate

"By mid-2015, only 62.6 percent of adult workers were employed or actively looking for a job, the lowest in nearly four decades. The so-called shadow unemployment rate is estimated to be as high as 23 percent."

Source: Danielle DiMartino Booth, former advisor to Federal Reserve Bank of Dallas

[See also: "The Employment Rate"]

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