THOUSANDS HAVE BEEN LAID OFF-—AND BIDEN’S IDIOTS ARE CLAIMING 3.4% UNEMPLOYMENT
IIRC, the figures were acknowledged not to include the January layoffs. They have to be out for a time before they start unemployment - and many received severance packages as well. The Household Survey is picking up excess unemployment for a couple of months, but it takes longer to come in and get results.
All that said, the BLS counts differently than they used to.
Here’s some long-term stuff.
https://www.shadowstats.com/alternate_data/unemployment-charts
https://www.shadowstats.com/alternate_data/unemployment-charts
“The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers. The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.”