Tag: Creditanstalt

Obama’s Minimum Wage Hike And Currency Wars: $9/Hour Sounds Good ~ But You Need A Job First!

What is U6 unemployment rate ? The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts “marginally attached workers and those working part-time for economic reasons.” Note that some of these part-time workers counted as employed by U-3 could be working as little as…