top of page
Search

U-6 Hits All Time Low

  • Writer: D Dd
    D Dd
  • Jan 9, 2023
  • 1 min read

Updated: Jan 18, 2023

You would think this would get more press coverage, but U-6, which many consider the "real" unemployment rate, hit an all time low this past week.


To remind, the Bureau of Labor Statistics defines U-6 as "total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers."


That's a pretty impressive accomplishment, especially considering all the recession talk we're getting without the follow through data to back up such a conclusion, but that is the nature of media and our national conversation. It's the obverse of an old saying, where "Good news is no news. "



January 9, 2023



 
 

Recent Posts

See All
"All Real Estate Is Local"

With apologies to Tip O'Neill, there's been some talk about housing costs finally trending down. Regular followers know I've been ranting...

 
 
Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Facebook Classic
  • Twitter Classic
  • Google Classic

FloMartin Securities, Inc.

Donald R. Davret, Investment Advisor Representative

www.sec.gov

www.sipc.org

 

Investment advisory services are offered through FloMartin Securities, Inc, an Investment Advisory firm. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.
All investment strategies have the potential for profit or loss. Changes in investment strategies, economic conditions, contributions or withdrawals may significantly alter a portfolio’s performance. There is no guarantee that any specific investment or strategy will be suitable or profitable for a particular client. Past performance is no guarantee of future success. We cannot guarantee that a portfolio will match or outperform any particular benchmark. None of the content should be viewed as an offer to buy or sell, or as a solicitation of an offer to buy or sell the securities discussed.



This website is a publication of FloMartin Securities, Inc. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author as of the date of publication and are subject to change.​


Information on this website does not involve the rendering of personalized investment advice, but is limited to the dissemination of general information on products and services. A professional adviser should be consulted before implementing any of the options presented

  • Wix Facebook page
  • Twitter Classic
  • Google Classic
bottom of page