Currently, 11.2 million people are considered unemployed. "I think a more reasonable number is about 18 million people," Hall said, a former commissioner of the Bureau of Labor Statistics. It is too easy to be employed under the current definition, and too hard to be unemployed, Hall said Thursday on Fox News Channel's "Your World."
"If you do any work for money at all you are considered employed," Hall said. A laid-off engineer who helps his neighbor trim a tree and gets paid is considered "employed" even though his income is nowhere near his pay as a full-time engineer.
To be considered "unemployed," a person has to have no work at all and be actively looking for work. But job hunters eventually run out of employers to send their resume to and run through all their friends who might have job leads. They then go into a "passive mode," checking want ads and seeing if anything pops up
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For more details about employment figures, click here.
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