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The U.S. unemployment picture September 2014- Underemployment U-6 at 11.8%, unemployment at 5.9%, and labor participation rate at 62.7%
10/04/2014
9.3 millon workers looking for fulltime work and decline in the labor participation rate reflected the true condition of labor market in the U.S., with wages dropping a penny, in September 2014. The unemployment rate dropped to 5.9% but failed to capture the true condition of the labor market for a number of reasons, including people too discouraged to look for work and people working part time when they would prefer working full time.
Grouped Articles
Job Growth Rebounds, but Wages Lag
Wall Street Journal 10.04.2014
Recipients of Jobless Benefits Down Sharply
Wall Street Journal 12.26.2014
Labor-Market Dropouts Stay on the Sidelines
Wall Street Journal 12.29.2014
Sluggish Productivity Hampers Wage Gains
Wall Street Journal 03.07.2015
The New Jobs Report Shows Janet Yellen’s Quandary in a Nutshell
New York Times 03.06.2015
Washington Post 10.23.2015
Over 50, Female and Jobless Even as Others Return to Work
New York Times 01.01.2016
Wages Rise as U.S. Unemployment Rate Falls Below 5%
New York Times 02.05.2016
Washington Post 07.04.2018
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