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http://www.localjobinsider.com/what-is-the-current-rate-of-unemployment-does-it-count-the-long-term-unemployed/ Thu, 09 Feb 2012 07:34:36 +0000 http://wordpress.org/?v=2.6.5 http://www.localjobinsider.com/what-is-the-current-rate-of-unemployment-does-it-count-the-long-term-unemployed/#comment-847 Danajaan Sat, 13 Dec 2008 12:00:40 +0000 http://www.localjobinsider.com/what-is-the-current-rate-of-unemployment-does-it-count-the-long-term-unemployed/#comment-847 The unemployment rate for June 2008 is 5.5%. The unemployment rate is not calculated based on how long someone's been out of a job or whether they're collecting benefits; it's calculated based on whether a person is searching for a job. So if someone's been out of work for 6 years and has given up on finding a job, they are not counted as unemployed, but if they are still applying places, then they are unemployed. The unemployment rate for June 2008 is 5.5%. The unemployment rate is not calculated based on how long someone’s been out of a job or whether they’re collecting benefits; it’s calculated based on whether a person is searching for a job. So if someone’s been out of work for 6 years and has given up on finding a job, they are not counted as unemployed, but if they are still applying places, then they are unemployed.

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