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Because the 'official rate' uses data from the unemployment offices (who record claims of the unemployed), those not counted are: 1) those who have run out of benefits and are no longer reporting to the state; 2) Those who have given up looking for work, for various reasons; 3) those who have just come into the work force ( from out of school, etc.) and are looking, but don't qualify for unemployment so the office is unaware of them; 4) those looking for work, but not fitting the description of 'worker' ( i.e. under-aged, unqualified, immigrant, day-laborer, self-employed, etc.); 5) workers in 'commission-only' industries ( Realtors, insurance, independent contractors, etc.), as they generally do not qualify for unemployment.
Wiki User
∙ 13y ago
The official unemployment rate often ignores discouraged workers who have given up looking for work, underemployed workers who would like to work more hours, and individuals who have been unemployed for an extended period and are no longer actively seeking employment.
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What was the unemployment rate in August 2010?
The unemployment rate in the US in August, 2010 was 9.6%. See the Related Link below.
What was the unemployment rate in the US for August?
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What is the national unemployment rate
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