Thank you for the clarification.
Also, I was right all along about the real US unemployment rate so Jinentonix can suck it.
Why The Real Unemployment Rate Is Actually Even Worse
The official unemployment rate is calculated by dividing the number of unemployed people by the number of people in the labor force. The numerator in that equation is currently over 23 million. (The denominator is currently approximately 156.5 million.) Both the unemployment rate and the number of unemployed are staggeringly high, and both understate the toll coronavirus is taking on the economy. The actual percentage and total are much higher.
“We understand that unemployment means you don’t have a job,” according to Giacomo Santangelo, who teaches economics at Fordham University and the Stillman School of Business at Seton Hall University. “The problem is that the official unemployment rate, as measured by the Bureau of Labor Statistics, does not measure that. The official unemployment rate is the percentage of the labor force that is without a job. The problem is [that] the qualifications to be in the labor force are very narrow. It’s part of the reason why the official unemployment rate right now is 14.7 percent, but the actual percent of people who are unemployed is closer to 23.”