The unemployment numbers are worse than you think...

[elfs]

The U-6 is defined as the "Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers. Marginally attached workers are persons who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the recent past. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not looking currently for a job. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule."

That number, of which I am part, currently stands at 17.5%

Comments

[http://users.livejournal.com/_candide_/]

As I keep saying to people:

"I have a PhD in Physics. I've been developing software for the past 11 year, the last 5 in the financial industry. And I'm having trouble finding a job.

So no, Things Are Not Getting Better."

I worry far more, though about those without at much experience and education as me.

[littleone66.livejournal.com]

Ya, from WorkSource, "I just can't understand why your resume isn't getting second looks"

[http://users.livejournal.com/_candide_/]

Oh, did I also mention i live in the greater NYC area?

Not exactly a 1-employer town.


The reason why your/my resume isn't getting a second look is because the few employers with openings are on unicorn hunts.