• 4 minutes Oil Price Editorial: Beware Of Saudi Oil Tanker Sabotage Stories
  • 6 minutes UAE says four vessels subjected to 'sabotage' near Fujairah port
  • 9 minutes Why is Strait of Hormuz the World's Most Important Oil Artery
  • 13 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 1 hour California's Oil Industry Collapses Despite Shale Boom
  • 4 mins Greenpeace Blocks BP HQ
  • 6 hours Knock-Knock: Aircraft Carrier Seen As Barometer Of Tensions With Iran
  • 10 hours The Consequences: Full-Blown Trade War Will Push World Towards Recession
  • 7 hours Australian Voters Reject 'Climate Change' Politicians
  • 2 hours Shale to be profitable in 2019!!!
  • 10 hours IMO2020 To scrub or not to scrub
  • 14 hours Global Warming Making The Rich Richer
  • 4 hours Will Canada drop Liberals, vote in Conservatives?
  • 5 hours UK Needs New Wind Turbines
  • 11 hours Did Saudi Arabia pull a "Jussie Smollett" and fake an attack on themselves to justify indiscriminate bombing on Yemen city population ?
  • 16 hours Shell ‘to have commercial wind farms’ by early 2020s
  • 14 hours California Threatens Ban on ICE Cars
  • 7 hours Wonders of Shale- Gas,bringing investments and jobs to the US
  • 6 hours methanol fuel cells
On The Cusp Of War: Why Iran Won’t Fold

On The Cusp Of War: Why Iran Won’t Fold

Iran’s Supreme Leader Ayatollah Khamenei…

What is the Real Unemployment Rate?

Similar variations of this adjusted unemployment rate make headlines now and again. Our colleague Ed Luce, for instance, noted in December that “if the same number of people were seeking work today as in 2007, the jobless rate would be 11 per cent”.

But what is striking about the broken line above isn’t where it now ends — at 10.3 per cent — but rather the lack of any meaningful, sustained improvement for more than two years.

This alternative measure has remained above 10 per cent since September 2009, and aside from a bit of skittishness (some of which is down to uncaptured seasonality) has mostly just moved sideways.

For Chart and full article click here



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News