Monday, March 1, 2010

Underemployment – Oregon is third worse nationally

An interesting Economix piece is the depiction via an interactive map of the Bureau of Labor Statistics' state by state underemployment percentages.

Underemployment, designated U-6 by Bureau of Labor Statistics, is “a broader measure of unemployment that includes underemployed and discouraged workers. Across the country, the (standard) unemployment rate was 9.3 percent last year. Including the underemployed and discouraged, however, the national rate rose to 16.2 percent.”

Oregon comes in third with an underemployment rate of 20.7%. Michigan at 21.5% and California at 21.1% are number one and two respectively.

© 2010

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