@wdlindsy No, not simply wrong. They report what they want to report and nothing more. They've been doing it for the last 40+ years. Matter-of-fact for over 50 years now. Did you know that they were reporting the U4 rate of unemployment and then switched over to reporting the U3 rate back around 1968-1970, because it sounds better than the U4 as the U4 rate is a bit higher. There's six levels of unemployment and if they reported U6 it would always be worse than what you or others realize.