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Chart of the Week: Augmented Unemployment Rate
Posted By Barry Ritholtz On January 12, 2004 @ 12:07 pm In Finance,Media | Comments Disabled
The Augmented Unemployment Rate reflects the discouraged, the underemployed, the part timers. It provides a more helpful macro view of employees as potential retail consumers.
Source: TheStreet.com 
According to this government statistic, the actual unemployment rate is closer to 9%. This may be a more accurate measure of labor than using new unemployment claims.
Complacency Is Making Contrarians Nervous 
boom, bust and ballplayers 
41 Months of Factory Layoffs 
Rupert’s World: Get ready for a fierce new media war 
The Silver Lining Economy 
The No-Bang, All-Whimper Recovery 
Quote of the Day:
“In all my years as a Fed watcher, I have never seen US central bankers take to the bully pulpit as they have in recent days. . . They smack of a carefully orchestrated campaign of economic cheerleading at a critical point in the US business cycle . . . While normally reticent monetary authorities are to be commended for taking a strong point of view, I fear they may live to regret this exuberance.
-Stephen Roach , Chief Economist and Director of Global Economic Analysis, Morgan Stanley
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2004/01/chart-of-the-week-augmented-unemployment-rate/
URLs in this post:
 TheStreet.com: http://www.thestreet.com/tsc/basics/tscglossary/augmentedunemploymentrate.html
 Complacency Is Making Contrarians Nervous: http://www.thestreet.com/funds/gregggreenberg/10134567.html
 boom, bust and ballplayers: http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/01/11/CMG3S3SF2754.DTL
 41 Months of Factory Layoffs: http://www.usatoday.com/money/economy/employment/2004-01-12-employment_x.htm
 Rupert’s World: Get ready for a fierce new media war: http://www.businessweek.com/magazine/content/04_03/b3866001_mz001.htm
 The Silver Lining Economy: http://www.investorsinsight.com/print_preview.asp?id=jm010904
 The No-Bang, All-Whimper Recovery: http://www.nytimes.com/2004/01/11/business/yourmoney/11watch.html
 Stephen Roach: http://www.morganstanley.com/GEFdata/digests/20040109-fri.html
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