Monday, June 30, 2008

[IWS] BLS: LABOR UNDERUTILIZATION--ALTERNATIVE MEASURES [30 June 2008]

IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Issues in Labor Statistics
Summary 08-06/ June 2008

The Unemployment Rate and Beyond: Alternative Measures of Labor Underutilization [30 June 2008]
http://www.bls.gov/opub/ils/pdf/opbils67.pdf
[full-text,2 pages]

[excerpt]
While the official unemployment rate remains the primary measure of changes in labor underutilization, the alternative measures discussed in this paper provide different views of the extent to which the economy is not fully utilizing its labor resources.

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
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Fax: (607) 255-9641                       
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