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The unemployment rate keeps falling
- By Eric Lundin
- December 11, 2014
- U-1: People unemployed 15 weeks or longer
- U-2: Job losers and people who completed temporary assignments
- U-3: Total unemployed (this is the one reported in the news every month)
- U-4: Total unemployed plus discouraged workers
- U-5: Total unemployed, plus discouraged workers, plus all other people marginally attached to the labor force
- U-6: Total unemployed, plus all persons marginally attached to the labor force, plus total employed part-time for economic reasons
- 2007: 21,960
- 2008: 30,741
- 2009: 49,091
- 2010: 61,148
- 2011: 54,212
- 2012: 46,393
- 2013: 37,552
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The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscriptionAbout the Author
Eric Lundin
2135 Point Blvd
Elgin, IL 60123
815-227-8262
Eric Lundin worked on The Tube & Pipe Journal from 2000 to 2022.
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