When will you be able and what are your options?
That’s the question posed by a newly launched campaign to collect data on the U.S. unemployment rate, the official unemployment rate for all people aged 15 and older.
The data, which will be published by the Labor Department, comes after President Donald Trump took office and his administration has pushed to boost the unemployment rate to as high as 7.5 percent.
“We know the unemployment numbers are very volatile,” said Matt Schofield, senior economist at the American Action Forum, a conservative think tank.
“They’re not necessarily a reliable predictor of future economic conditions, but they are a reliable indicator of current conditions.”
The U.N. agency’s Office for the Coordination of Humanitarian Affairs estimates that the U and World Bank have a “serious and persistent” humanitarian emergency in their country.
“The number of people without work is increasing dramatically,” said Mark Perry, an analyst at the Center for Economic and Policy Research.
“And people are increasingly vulnerable.
So the need for emergency measures is not going away anytime soon.”
In addition to the official rate, many people are also looking at the rate of underemployment, which is calculated on a per capita basis and can be a better indicator of a country’s economic health.
For example, according to the Labor Dept., the unemployment rates of people in the bottom fifth of the income distribution are rising as well.
That’s a measure that relies on data from the U Census Bureau’s Current Population Survey.
The U.K. Office for National Statistics also reports that the unemployment figures are rising, but it only considers people between the ages of 16 and 64.
The Labor Dept. report says it’s likely that as more people enter the workforce and as the economy picks up, the unemployment will drop.
“People are going to get more educated and be able, once they get into a job, to afford a decent standard of living,” Perry said.
“That’s going to help them to stay out of poverty.”
The Labor Department said that although there’s still a lot of uncertainty surrounding how much unemployment will actually decline, it’s important to look at the current rate of growth to assess what the government can expect from its efforts.
The Bureau of Labor Statistics said the U-6 unemployment rate is expected to fall from 5.1 percent in January 2018 to 4.8 percent in 2020.
The latest report on U.s. unemployment includes a more detailed look at how the economy has changed.
The U-7 rate, for example, includes the number of jobless people who are officially classified as part of the labor force but are counted as unemployed, but not counted as a person who is currently receiving unemployment benefits.
The BLS also reports the number who are “not in the labor market due to lack of work” and the number whose unemployment benefits have been cut.
For more on unemployment, read our previous stories.
