"What are the numbers like compared to the rules in place 40 years ago?"
No idea, do you know? I am talking about a particular segment of the population that is no longer accounted for in the stats.
" all the different U's."
Yea all the differnt U´s are going down that is true. Depending on what U you use to gauge unemployment then you will get a drasticly different %
However if you take into account people "
who were defined out of official existence in 1994" then the current rate is up.
"Unemployment is more than twice the official 5 percent rate when all those who want jobs but have given up looking for work are counted."
What 5%?
"
The 5% that it was at when that was said. That is the 5% the article is talking about, I guess.
the quote is from this opinion article that was linked and used as a footnote on the opinion site "rationalwiki"
http://www.sfgate.com/business/article/Economist-challenges-government-data-3283020.php
http://www.reuters.com/article/2009/01/08/us-usa-economy-depression-idUSTRE5077TM20090108