Brent P wrote:
In article , krw wrote:

No, it's the number of people

looking_for_employment/employed+looking_for_employment

If you aren't seeking employment you are *NOT* counted as
unemployed. ...seems to make sense to me!

It's not that simple.

It's that simple:

What are the basic concepts of employment and
unemployment?

The basic concepts involved in identifying the
employed and unemployed are quite simple:

* People with jobs are employed.
* People who are jobless, looking for jobs, and
available for work are unemployed.
* People who are neither employed nor unemployed are
not in the labor force.

http://www.bls.gov/cps/cps_htgm.htm