And if anything, those part time workers, because they are employed, so in the official unemployment measure, they're actually making the number look a little bit better.

The unemployment rate went up to 5 .

But you see here, U 6, this is the broad measure of unemployment that we talked about right here.

Let me do this in a different color.

In a service based economy, the best measure of utilization really is unemployment.

The unemployment rate will rise by degrees.

Who is responsible for high unemployment?

What is the unemployment rate at the moment?

More and more is produced with fewer and fewer people

The game's objective is simply to lead correctly your country

(Laughter)

The jobless rate in Japan was 3.4 percent in September 2015.

The unemployment rate in Japan was 3.4 percent in September of 2015.

The Government no longer considers you part of the

The unemployment rate went up to 5 because of the recession.

If we look at South Africa,

Probability of failure

I strongly disagree.

And the number that you hear reported, at least since 1994, is U 3, and that's where we'll start.

The economy is rapidly deteriorating and unemployment is climbing.

As the country got more well off, unemployment actually rose and people's satisfaction with things like housing and education plummeted.

For the first time in more than 6 years, the unemployment rate is below 6 .

The 90s the big bubbles of humor we're watching Friends, Frasier, Cheers and Seinfeld.

The unemployment rate dropped to a five year low in January.

It wasn't because people were earning more.

We're all unemployed!

With a 50 approval rating Which is somewhat of a bug in itself

If you look relative to the path, the last major recession that a lot of people talk about is the early 80's, the double dip recession, and even though the headline unemployment rate let me make sure I get the right color the headline unemployment rate here is the blue line, that is still a good bit below.

Here you have a lot more people who are kind of in between, but they get counted in the employed number.

He lost his job.

I am out of work.

(Laughter)

That we're out of a job.

My dad is currently in between jobs.

I probably lost my job, all of my friends and my mother disowned me.

What is your strategy in your household?

You know, there are 20 million guys out of work in Manhattan alone just waiting for my job and yours too.

Let's say they stop spending, then utilization goes down even more, then unemployment goes up even more, and this also makes fear go up even more.

And the reason why we really want to focus on that is because it tells us that even though the unemployment rate, the official unemployment rate that is increasing very steeply and I'll show a graph right here, this is actually work Mish did, where he actually shows that the spread between U 6 and U 3 has been increasing, and it's been increasing at an accelerating rate since last February.

He failed in business.

But what this graph really does convey is that that broadest measure of unemployment is already as bad as it probably was in the early 80's.

If this is 60 chance of success there has to be a 40 chance of failure.

They are out of work now.

My brother has no occupation now.

The government owns car companies, banks are defaulting on their own banks.