"To be counted as unemployed, you must not only be out of work but must also have actively looked for a job in the preceding four weeks. This definition excludes the 6 million Americans who work part time because they can't find full-time jobs. Some labor experts argue that many of these "underemployed" workers should be counted among the unemployed. Also excluded from the official statistics are so-called discouraged workers, the grossly understated term for those who have given up looking for work, usually after long and futile job searches, and simply dropped out of the labor force."Time Magazine in 1991."For the 'funemployed,' unemployment is welcome.These jobless folks, usually singles in their 20s and 30s, find that life without work agrees with them. Instead of punching the clock, they're hitting the beach." LA Times in 2009Civilian Labor Force (those who have or are seeking jobs) as percent of population(Read Full Post)