Unemployment rates are severely under tracked.

[superchunk]

Tanstalas said:

Unemployment rate just shows the % of people who do not have a job and are looking for a job.  Does not count the people who are not looking.

Should show:
the % of people that have a job
the % of people who are retired
the % of people who are under the age of majority

100% - the above 3 things = the true unemployment number

Nope. You can't count the tons of homeless people or house wives/husbands who have no interest in looking for work. To do so would incorrectly state the figure too high.