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The Conversation USA

Latest jobs report shows why the unemployment rate needs fixing

  • Written by Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury
imageThe number of people seeking jobless benefits has soared during the pandemic.AP Photo/John LocherimageCC BY-NC-ND

Many economistswould agree that the official U.S. unemployment rate is an inadequate measure of actual labor market conditions.

Although this is one of the most cited pieces of data on the economy as a whole, not many people understand how...

Read more: Latest jobs report shows why the unemployment rate needs fixing

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