{"id":30654,"date":"2012-02-04T03:01:30","date_gmt":"2012-02-04T03:01:30","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/kendall_harmon-the_case_for_perpective_on_employment_the_labor_market-wat\/"},"modified":"2012-02-04T03:01:30","modified_gmt":"2012-02-04T03:01:30","slug":"kendall_harmon-the_case_for_perpective_on_employment_the_labor_market-wat","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=30654","title":{"rendered":"Kendall Harmon&#8211;The Case for Perspective on Employment\/The Labor Market&#8211;Watch U-6 Carefully"},"content":{"rendered":"<p><i>The U6 unemployment rate tabulates not only people without work who are seeking full-time employment but also counts &#8220;marginally attached workers and those working part-time for economic reasons.&#8221;<\/p>\n<p>Now, <a href=\"http:\/\/portalseven.com\/employment\/unemployment_rate_u6.jsp\">study this graph of U-6 at the top<\/a> and look carefully at the other numbers.  What do you see? Seasonally adjusted U-6 unemployment is now [for January 2012] at 15.1%. In January 2011 it was 16.1% and in January 2010 it was 16.7%.<\/p>\n<p>Good news&#8211;we are moving the right direction.  But bad news&#8211;to get back even to 2007 levels [in the 8% range] there is a LONG, LONG way to go!<\/p>\n<p>Those of you who are data hounds (like yours truly) <a href=\"http:\/\/www.bls.gov\/news.release\/empsit.t15.htm\">will appreciate the table here&#8211;KSH<\/a><\/i>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U6 unemployment rate tabulates not only people without work who are seeking full-time employment but also counts &#8220;marginally attached workers and those working part-time for economic reasons.&#8221; Now, study this graph of U-6 at the top and look carefully<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=30654\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,597,596,584],"tags":[],"class_list":["post-30654","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-laborlabor-unionslabor-market","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/30654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30654"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/30654\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}