U-1
(economics) persons unemployed 15 weeks or longer, as a percent of the civilian labor force.
the us bureau of labor statistics regularly publishes six estimates of unemployment. the others are u-2, u-3, u-4, u-5, and u-6. eurostat publishes one monthly estimate of unemployment for the european union, which is approximately midway between u-3 and u-4.
the unemployment statistics for the usa are collected through a monthly current population survey (cps) (also known as the household survey) and an establishment survey.
-n-lysts use u-1 as a measure of the proportion of people that can no longer replace employment earnings with unemployment insurance or savings.
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