Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

Rage Gauge: The Real Unemployment Rate

June 20, 2016 By E.J. Smith - Your Survival Guy

u6 unemployment

The typical headline unemployment numbers the American news media reports (U3) are inadequate for measuring not just unemployment, but underemployment. Many part time employees would prefer full time employment. The U6 unemployment number you see above includes more of the employees left out by the headline number; those who are marginally attached to the workforce, and those who are employed part time for economic reasons. The effect of the expanded definition is a fuller understanding of how many Americans aren’t working as much as they would like to.

The U6 rate is an important component to the RAGE Gauge, because as unemployment and underemployment spike, risk increases dramatically for Americans, and even for the economy as a whole.

 

Related Posts

  • RAGE Gauge: Americans Unhappy
  • The First RAGE Gauge Reading Signals High Risk
  • RAGE Gauge: Can't Get No Satisfaction!
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • If You Have a Plan, I Believe You’ll Get to Where You Want to Go - May 26, 2022
  • Georgia Proves All Politics Are Local - May 25, 2022
  • The Virtue of Trump Supporters vs. Antifa and ESG Investing is Like This… - May 24, 2022

Dick Young’s Must Reads

  • “An Epic Struggle Over the Definition of America”
  • The Armed American Family: Part I
  • Joel Salatin and Alfie Oakes, America’s Food Kings
  • America’s Number One Patriot: Naples Florida’s Alfie Oakes
  • BEYOND RUSSIA: America Strengthens India Ties to Counter China
  • Why Some Kids Won’t Go Back to School, Ever
  • Hillsdale College: What College Is Meant to Be
  • Protection While Traveling in France
  • Making America Great Again Is What America Wants
  • Progressive Liberalism Has Dragged America near Ruination

Disclosure

RSS Youngresearch.com

  • Nowadays, Everyone Is Getting Some Dividend Religion
  • How Can the Fed Prevent Stagflation?
  • How to Avoid the Restrictions of a Target Date Fund
  • Now You Can Own Your Vacation and It Doesn’t Have to Be a Time Share
  • Watch Out for Your Worst Enemy
  • Big Banks Adopting Blockchain for Short-Term Trading
  • Job Market Survival Advice for Graduates and for Those YOU Love
  • BULLWHIPPED? Inventory Overhang Could Slow Growth in Certain Sectors
  • BUY THE DIPS? Can You Catch a Ginsu Knife?
  • MARKET TURNING: Canada’s Housing Market Turmoil

Americans Are Abandoning ESPN and Woke Professional Sports Leagues

If You Have a Plan, I Believe You’ll Get to Where You Want to Go

President Joe Biden’s Good Question

Georgia Proves All Politics Are Local

VIDEO: DeSantis: America “Cannot Have a Ministry of Truth”

Can America Cut It’s Spending in Half? YES! It’s Been Done Before

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives