Video player loading...
What Is the Real Unemployment Rate?
What Is the Real Unemployment Rate?
What Is the Real Unemployment Rate?

What Is the Real Unemployment Rate? - vlogbrothers

Videos: 1,540
Subscriber: 3,070,162
Views: 712,234,997
If this video violated? Please submit request complaints or delete it right now..
Submit request or Delete this video

Raising nerdy to the power of awesome.

Video description
In which John Green discusses the "real" unemployment rate in the United States, and how different ways of calculating jobless rates have led to vastly different conclusions about the health of the U.S. economy. SOURCES BELOW!

Other questions addressed include: What is the difference between the U1 unemployment rate and the U6 unemployment rate? Which one is the better measure of unemployment? What percentage of Americans are employed? And what percentage of those unemployed are looking for work? And what does it all say about the present and future of the U.S. economy, and our divisive political discourse? Thank you to Rosianna for all the charts and graphs!

The information in this video came from:

1. Trading Economics has great and visually intuitive explanations of the U-3 unemployment rate over time in the United States:

2. BLS stats about labor force participation rates and how many people out of the labor force say they "do not want a job now"

3. Information about the civilian labor force participation rate can be found here: and the labor force participation rate for those between 25 and 54 can be found here:

4. This is a highly detailed article that I found helpful looking at causes of the decline in labor force participation: An easier to read overview at the Washington Post:

5. Real median household income in the United States is, after adjusting for inflation, rising but not yet to pre-recession levels:

6. This article explores how we try to have internationally comparable unemployment rates:

7. This web site has an easy-to-use interface that allows you to look at the U-3, U-5, and U-6 unemployment figures over time:

8. This has up-to-date figures all unemployment measures (including U-1 and U-2, which aren't discussed in this video):

I think that's it. If you have any specific questions, let me know and I'll try to add sources here.

Subscribe to our newsletter!
And join the community at
Help transcribe videos -
John's twitter -
John's tumblr -
Hank's twitter -
Hank's tumblr -
Defining the Unemployment Rate

How is unemployment defined in the United States? If someone has a job, they’re defined as “employed.” But does that mean that everyone without a job is unemployed? Not exactly. A minor without a job isn’t unemployed. Someone who has been incarcerated also isn’t counted. A retiree, too, does not count toward the unemployment rate. For the official statistics, you have to meet quite a few criteria to be considered unemployed in the U.S. For instance, if you’re without a job, but have actively looked for work in the past four weeks, you are considered unemployed. In times of recession, when people are faced...

Conflict in Israel and Palestine: Crash Course World History 223

In which John Green teaches you about conflict in Israel and Palestine. This conflict is often cast as a long-term beef going back thousands of years, and rooted in a clash between religions. Well, that's not quite true. What is true is that the conflict is immensely complicated, and just about everyone in the world has an opinion about it. John is going to try to get the facts across in under 13 minutes. Thought Café's series on the subject: You can directly support Crash Course at Subscribe for as little as $0 to keep up with everything we're...

Cyclical Unemployment

This wk: More from Macro -- Cyclical unemployment, sticky wages, natural unemployment, and more. Coming soon: Who works? Who doesn’t? Why? Get a big picture view on labor force participation. Unemployment rates ebb and flow with business cycle phases. We all saw this when unemployment rates increased in the United States during the 2008 recession. What we observed was called cyclical unemployment, and it usually accompanies slow economic growth. It can take many years for unemployment rates to return to pre-recession levels, even after real GDP per capita growth has bounced back. Why is that? For starters, supply and demand in labor markets...

The Reagan Revolution: Crash Course US History #43

You can directly support Crash Course at Subscribe for as little as $0 to keep up with everything we're doing. Free is nice, but if you can afford to pay a little every month, it really helps us to continue producing this content. Crash Course World History is now available on DVD! Visit to buy a set for your home or classroom. In which John Green teaches you about what is often called the Reagan Era. Mainly, it covers the eight years during which a former actor who had also been governor of the state of California was president of...

Is the Gender Pay Gap Real?

In which John examines the complex and tangled question of the gender wage gap, and looks at some of the reasons why women who work full time are paid less than men who work full time. Sources: The pay gap increases as workers age, and there is a pay gap across all education and experience levels and in almost all professions. Also, the pay gap is larger for women of color, across all education and experience levels: The size of the gender pay gap depends on how you calculate it, but discrimination is a big factor in the pay gap: and...

Paper towns and why learning is awesome | John Green

Some of us learn best in the classroom, and some of us ... well, we don't. But we still love to learn, to find out new things about the world and challenge our minds. We just need to find the right place to do it, and the right community to learn with. In this charming talk, author John Green shares the world of learning he found in online video. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes...

Is The U.S. Economy Better Off After President Obama?

What Has Obama Accomplished As President? Subscribe! President Obama inherited an economy in free fall after a major global recession. So as he leaves office, what will be his economic legacy? Learn More: New Yorker: Obama's Economic Record: An Assessment New York Times: How Obama's Jobs Record Stacks Up NPR: State Of The Obama Economy: Far Better, But Still With Many Troubles U.S. National Debt Clock Music Track Courtesy of APM Music: Subscribe to Seeker Daily! _________________________ Seeker Daily is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news....

Unemployment in Spain: a life without hope? - reporter

Jerez de la Frontera - where more than 1 in 3 is out of work Every day is a challenge for 27-year-old Miguel Angel Vaca Fernandez, as he strives to keep his head up and rise above his circumstances. He is one of a huge number of unemployed young people in the city of Jerez de la Frontera, in the Andalusia region in southern Spain. The overall jobless rate in this city is at a huge 40 percent. Behind that dramatic statistic are the individuals, like Miguel Angel, who every day are facing th… READ MORE : What are the top stories today?...

The Golden Gate Bridge Didn't Collapse!!

In which Hank talks about why we think the world is super screwed up and getting worse every day when, in fact, the world is pretty OK and getting better every day. There's so much good news every single day that cataloguing it would require all the newspaper in the world. Loss Aversion: A Bad thing is twice as bad as a good thing is good: Confirmation Bias: Only hearing data that agree with things you already believe.

Understanding Trump's Executive Order on Immigration

In which John talks about Trump's Executive Order on Immigration in detail, what it means short term for refugees and permanent residents, and what we are still unsure about. Stories from Refugees: SOURCES Full Executive Order text: The Cato Institute: Terrorism and Immigration: A Risk Analysis: The Cato Institute: "Little National Security Benefit to Trump’s Executive Order on Immigration" HR 158 - Visa Waiver Program Improvement and Terrorist Travel Prevention Act of 2015: Announcement from DHS re: three further countries added in 2016 to the 2015 Visa Waiver Improvement act: Reince Priebus, Trump's chief of staff, on Meet the Press 1/29 [Transcript]:...

Why Does January First Start the New Year? - New Year's Explained

Year End Survey: CORRECTIONS: 1. Julius Caesar was not technically the first emperor of Rome, he declared himself dictator for life but did not establish a hereditary monarchy. His cousin, who succeeded him, Augustus, established the monarchy and was thus the first emperor. 2. I mispronounced Aloysius Lilius. It's like "Allowishus" which is a name I had heard, but never seen spelled! 3. The picture of Rome I used was MUCH LATER than 46 BC In which Hank goes deep (but not too deep) into the reasons why our calendar begins on January 1st, and why January 1st is when it is. I...

Is the Unemployment Rate Lying to You?

How many Americans are really unemployed? Does the unemployment rate reflect reality? Or is it ignoring the millions of people who simply gave up and are no longer looking for work? Learn the truth about unemployment in this short video. Donate today to PragerU: This video is part of a collaborative business and economics project with Job Creators Network and Information Station. To learn more about JCN, visit and Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! You can support PragerU by clicking here: Free videos...

The Modern Revolution: Crash Course Big History #8

In which Hank and John Green teach you a Crash Course on the modern revolution, and the upside of the progress that humanity has made in the last 500 years or so. And while there are two sides to every history, and many of these changes haven't been great for the other inhabitants of the Earth, collective learning has made life better for people in general. We'll talk about the European explorations, improvements in machinery, communications, and the harnessing of energy that improved the lot of human beings. For more information, visit the Big History Project:

NEED TO KNOW | Generation jobless: 'Millennials' struggle with unemployment | PBS

The struggles of middle-aged and older Americans during this economic downturn have been well documented. But what about the "millennials," those born during the Reagan-Bush era? Starting your first job search during a recession can result in challenges that last for years, studies say. Need to Know's Alison Stewart spoke with some recent grads who are just starting out — pounding the pavement to land that first job. Need to Know airs Fridays on PBS. Watch full-length episodes of Need to Know at

Should We Raise the Minimum Wage?

In which John discusses the minimum wage, and whether raising the minimum wage would negatively affect employment in the United States. Thanks to Rosianna for graphics and research help: About Card and Kreuger's famous study of New Jersey and Pennsylvania: Why Does the Minimum Wage Have No Discernible Effect on Employment? Do higher minimum wages reduce poverty? A Washington Post overview of the minimum wage debate:

Top 10 Best Dogs Ever

Oh, y'know, just a list of great dogs that makes no sense and is not actually a possible ranking and includes three non-dogs and four animals that don't exist... Y'know...your average Hank Green video... Check back here for sources soon. I've gotten swamped and am not at a computer as I make this live. :-) ---- Subscribe to our newsletter! And join the community at Help transcribe videos - John's twitter - John's tumblr - Hank's twitter - Hank's tumblr -

Why is The Alphabet In Alphabetical Order? Eight Completely Arbitrary Things

In which Hank discusses some ways in which we base our lives on stuff that are just completely made up. Racism: By the Numbers: ---- Subscribe to our newsletter! And join the community at John's twitter - John's tumblr - Hank's twitter - Hank's tumblr -

41 Dad Jokes in 4 Minutes! (with special guest star...)

Thank you to all of the dads who have made so many wonderful dad jokes over the years, many of which I stole for this video. There is a partial list of sources below! Thanks everyone for your kind wishes during paternity leave. It's been intense and wonderful. I am glad I had a joyful way to return to this channel even though there's a lot to be concerned about in the world and my country right now. I really love making these videos, and I am very lucky to have this thing in my life. If you're able and interested,...

How Young Is History?

In which John Green considers the historical distance between Rome's Pantheon, the cave paintings at Lascaux, a different community's cave paintings at Chauvet, and the current day. Too often, we think that a hundred years, or a thousand, can tell us the whole story or history or art history. But cave paintings remind us that what we think of as history is a tiny fraction of the human story. HUGE THANKS to Rosianna for helping with all the images: Werner Herzog made a beautiful documentary about the Chauvet paintings called Cave of Forgotten Dreams. It's worth checking out for much more...

On Motivation

100 Days: In which John discusses motivational quotes, his abiding hatred for them, and how he has come around to them anyway. Also discussed, life's way of making you grapple seriously with much that seems easily dismissible. ---- Subscribe to our newsletter! And join the community at Help transcribe videos - John's twitter - John's tumblr - Hank's twitter - Hank's tumblr -

The Real USA - Long-term Unemployed

The Real USA, hosted by Alexandra Hall, takes a look at the stories not making headlines in the US commercial press. In this edition: the long-term unemployed; makeshift housing in Tent City, New Jersey; housing market in Richmond, California; workers' cooperatives, an employment option; retail workers struggle to make ends meet; and surviving on the minimum wage. teleSUR

Look at Tiny Baby Hank

In which John and Hank return to Hank's high school, and John gets extremely sentimental. Turtles All the Way Down is available now. Laura Miller in Slate about the story I'm telling and the story that's telling me: And Constance Grady in Vox on "an existential teenage scream." Also this review by Jennifer Senior in the New York Times was very kind: If you want to discuss TAtWD in a spoilerific way, head over to ---- Subscribe to our newsletter! And join the community at Help transcribe videos - John's twitter - John's tumblr - Hank's twitter...

Why I Didn't Vote (And Six Reasons You Might Not)

Find out how to register to vote, get sample ballots, and be prepared to vote this November by finding your state here: Ballotpedia has LOTS of information about elected officials and candidates for office to help you get informed: In which John discusses the great shame of my life, the six explanations eligible voters most commonly cited for not voting, and the importance of doing the work (and it is work!) to participate in U.S. political life by voting on November 8, 2016. Look below to find your state: STATES Alabama - Alaska - Arizona - Arkansas - California ...