Unemployment Statistics Revisited

Unemployment Statistics Revisited
Homemade unemployment sign (Daquella Manera)
Unemployment Statistics Revisited
Homemade unemployment sign (Daquella Manera)

Unemployment Statistics Revisited

WBEZ brings you fact-based news and information. Sign up for our newsletters to stay up to date on the stories that matter.

Unemployment hit 7.6 percent in January. If you want to compare the health of the U.S. economy to France, a comparison of unemployment rates won’t exactly do it because of the way different countries define unemployment. Richard Freeman is a labor economist at Harvard. He directs the Labor Studies Program at the National Bureau of Economic Research. Freeman explains how the U.S. Bureau of Labor Statistics defines unemployment.