@gweran.bsky.social: If you are looking at BLS definition of unemployment, anyone who is actively looking for a job but does not currently have one is unemployed, regardless if they are on unemployment.

Jason Furman, 2022 (singled out only because he was admirably explicit): if unemployment stays low, inflation “will still be about 4% at the end of 2025.” www.hks.harvard.edu/centers/mrcb...

funny that unemployment is low when looking at work force participation numbers was told not participating in the work force and unemployed are different if you know please make it make sense

I think it's people applying for unemployment are unemployed, and then anyone working age that is not on unemployment is in the 'not participating in the work force'. Like stay at home moms and people that ran out of unemployment.

If you are looking at BLS definition of unemployment, anyone who is actively looking for a job but does not currently have one is unemployed, regardless if they are on unemployment.

so what's with the other 32% of the work force that is unaccounted when you add work force participation (64%) and unemployment (4%) together? Certainly doesn't equal 100 and I keep getting told that's the way it is. Our government lying to us is the way it is and it's time that stops

Employed and unemployed are both part of the 64% who participate in the work force.

Here is what a pie chart of the Total US Population over 16 would look using those numbers (64% work force participation, 4% unemployment):

the green is not part of the work force or they're unemployed you can tell me it's different but that shit ain't the truth

You are correct, they are not part of the work force. Is it the definition you have an issue with? Or are you worried that 36% of the population does not want to work? 64% of the population in the work force is a drop from its peak at 67%, but in context of Baby Boomers it makes sense.

Labor Force Participation Ratefred.stlouisfed.org Labor Force Participation Rate

seems as if you do not understand the question I am asking so i'll try it a different way if you are able to work you are in the work force if work force participation is only 64% and unemployment is only 4% what is the other 32% of the work force doing?

Again, those 36% not in the work force are stay at home partners, retired people, and students for the most part, I’m sure there are other reasons, but historically speaking this is a normal percent.

if the work force is 100% of people that can and want to work, and work force participation is x, and unemployment is y, why do those numbers not add to 100, or very close? don't want to hear about students whose job it is to learn, or retirees who've left the work force, and homemaker = job

No, work force participation is total number of people who want to work divided by the entire US population over the age of 16. It is the percent of the total population who chose to be in the work force. It is not the number of people in the work force who are participating in the work force.

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