We’re told that Nevada’s unemployment rate is about 13% and the national rate stands at 10.2%. But some have suggested that there is a large segment whose unemployment compensation has run out and have given up even looking for work. This CNBC article claims that the “real” unemployment numbers are at 17.5% nationwide.
According to the government’s broadest measure of unemployment, some 17.5 percent are either without a job entirely or underemployed. The so-called U-6 number is at the highest rate since becoming an official labor statistic in 1994.