esmith brings up some good points. Both of my parents fall into the “under 65 and employable” catagory, yet neither works anymore. They left today to go run a marathon, so they arnt in the unemployable catagory yet they inflate your stats as they dont have jobs. They saved and invested and worked hard and now are enjoying a long retiremnet for it. They should not be counted as “unemployed”.
It seems you are looking to get a handel on the true employment issues our economy is facing. Use the “underemployment” catagory, I think it rose to the middle teens today. It includes all the people who want a job, have a part time job but want a full time one, and stopped activly looking out of discouragment. It is the highest it has ever been since they started tracking it in 1994.
