CFED Assets & Opportunity Scorecard
Annual average unemployment rate of the civilian labor force, 2010.
A person is defined as unemployed if they do not have a job, are available for work and have been actively looking for a job in the prior four weeks. The unemployment rate measured here follows the U.S. Department of Labor’s official definition of unemployment, which is the most commonly used measure of the mismatch between the number of jobs and job-seekers. However, it does not capture any information about the number of discouraged workers who have stopped actively looking for work, nor does it reflect instances when a part-time worker would prefer to be employed full-time.
The Scorecard uses the most recently available annual unemployment rates for purposes of ranking, but the monthly rates have fluctuated considerably in 2011. The national unemployment rate was 8.5% in December 2011.
Alternative Measures of Labor Underutilization by State, 2010 Annual Averages. Washington, DC: U.S. Department of Labor, Bureau of Labor Statistics, 2011.