U-6 is meaningless in context. Its the number of people working part time who would theoretically like full time, plus folks who claim to want a job but haven't actually applied for a job (which includes jobs for which there are simply no more openings in the field, like the stereotypical "factory moved to china" company town).
It has absolutely nothing to do with the modern definition of underemployment as education majors working as waitresses or CS majors working helpdesks or similar examples of "I was trained for a totally different field paying four times as much, or I was trained to be my bosses bosses boss, but here I am instead with a paycheck lower than some current high school students"
"The economic improvement is undeniable."
Where? Everyone seems agreed its the case for propaganda reasons, although its invariably described as "far away from here" for all personal values of "here". With the usual meaningless weird exceptions for ivy league grads of CS programs in Manhattan and SV that we all know about etc etc.
It has absolutely nothing to do with the modern definition of underemployment as education majors working as waitresses or CS majors working helpdesks or similar examples of "I was trained for a totally different field paying four times as much, or I was trained to be my bosses bosses boss, but here I am instead with a paycheck lower than some current high school students"
"The economic improvement is undeniable."
Where? Everyone seems agreed its the case for propaganda reasons, although its invariably described as "far away from here" for all personal values of "here". With the usual meaningless weird exceptions for ivy league grads of CS programs in Manhattan and SV that we all know about etc etc.