Nitti, Olivant -

Quote:
[A]s you can see in this chart, the u6 almost always perfectly tracks the conventional (u3) unemployment measure. It’s dropped from a high of 17.4%, at the height of the recession in 2009, and, like the u3, it also declined this month from last month’s 15.2%. So, as you would expect during a slow, sluggish, but continued recovery, it just keeps going down, just like the typical unemployment rate.



http://www.csmonitor.com/Business/Paper-Economy/2012/0203/Unemployment-rate-drops-to-8.3-percent