John Williams' ShadowStats charts the real unemployment rate by employing the methods the U.S. government used to use, before they became a political liability.

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.



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The focus is welfare creation.