Really? This old trope?Why Underemployment May Be Worse Than It Looks
Monday, 8 Jul 2013
The level of underemployed workers looks bad on its face but even worse when it's not the government doing the counting.
When the Labor Department released its monthly nonfarm jobs report Friday, it was all sunshine and roses except for one glaring weakness: A big jump in the underemployment rate that includes those who have quit working as well as those who have had to take part-time jobs even though they'd rather work full-time.
That rate, which economists call the U-6, jumped from 13.8 percent in May to 14.3 percent in June—a 3.6 percent increase and indicative that the 195,000 new jobs created in the month weren't exactly of the highest caliber.
The U6 is ALWAYS higher than the official unemployment rate, you uninformed nitwit. And under Obama's leadership, it has declined FASTER than the official unemployment rate.