Sentences with phrase «counting discouraged workers»

Arguably, counting discouraged workers is a more accurate way of counting the unemployed.

You might recall Fed Vice-Chair Janet Yellen discussing at length the numerous pitfalls of the headline unemployment rate, which doesn't count the discouraged workers who've dropped out of the labour force, those who've stopped looking for work but say they would still like to have a job, and those who would like to work full - time but could only find part - time employment.

Not exact matches

A laid off manufacturing worker who has given up hope of ever finding another job is not counted in the unemployment statistics, so an economy with a high number of discouraged workers could have a misleadingly low unemployment rate.