0:00:00.000,0:00:03.060 Welcome to another exciting episode of Are 0:00:03.060,0:00:05.010 You Unemployed? 0:00:05.010,0:00:06.450 [energetic music] 0:00:06.450,0:00:08.480 Here's your host, The Bureau of Labor 0:00:08.480,0:00:09.365 Statistics. 0:00:09.365,0:00:10.885 [audience cheering] 0:00:10.885,0:00:13.815 Hello, jobless Americans! The unemployment 0:00:13.815,0:00:16.015 figures have been released. So it's time 0:00:16.015,0:00:18.978 to see if you're officially unemployed! 0:00:19.181,0:00:21.331 Let's meet our contestants. 0:00:21.331,0:00:23.411 Contestant number 1. You were recently 0:00:23.411,0:00:25.133 laid off. Have you found a new job? 0:00:25.133,0:00:29.469 [sigh] No way. No one's hiring right now. 0:00:29.469,0:00:31.909 I haven't even bothered to look. 0:00:31.909,0:00:32.869 [Buzzer sound] 0:00:32.869,0:00:35.039 I'm sorry! You are not in the labor 0:00:35.039,0:00:36.965 market and therefore are not officially 0:00:36.965,0:00:38.195 unemployed. 0:00:38.195,0:00:39.785 [energetic music] 0:00:39.785,0:00:41.945 Contestant number 2. It says here you lost 0:00:41.945,0:00:44.185 your job as an auto worker. Have you found 0:00:44.185,0:00:44.922 a new one? 0:00:44.922,0:00:47.549 No, not yet. The industry isn't doing so 0:00:47.549,0:00:50.949 well. I need a job but I stopped looking 0:00:50.949,0:00:52.682 because the plants closed down. 0:00:52.682,0:00:53.756 [Buzzer sound] 0:00:53.829,0:00:56.779 Oh, I'm sorry! You're not working but 0:00:56.779,0:00:59.099 you're not officially unemployed either. 0:00:59.099,0:00:59.799 [Bell dings] 0:00:59.799,0:01:01.929 Contestant number 3. You were an airline 0:01:01.929,0:01:03.959 pilot until a recent downsizing. Have you 0:01:03.959,0:01:04.699 found work? 0:01:04.699,0:01:06.769 Ugh. Well, I'm still looking for a real 0:01:06.769,0:01:08.799 job, but all I could get was four hours a 0:01:08.799,0:01:10.210 week at a home store. 0:01:10.210,0:01:10.980 [Buzzer] 0:01:10.980,0:01:14.064 Oh no! That four hours counts as employed! 0:01:14.064,0:01:17.004 Contestant number 4. You lost your job as 0:01:17.004,0:01:19.204 a stockbroker. Have you found another? 0:01:19.204,0:01:22.544 No, I haven't yet but I did look in the 0:01:22.544,0:01:24.235 classifieds last week. 0:01:24.235,0:01:26.475 [music and sound of typing] 0:01:26.475,0:01:28.215 [loud hearbeat sound] 0:01:28.215,0:01:29.385 [loud celebratory music] 0:01:29.385,0:01:31.416 Congratulations, Contestant number 4! 0:01:31.416,0:01:33.376 You get to to the counted in the official 0:01:33.376,0:01:34.525 unemployment rate! 0:01:35.074,0:01:37.908 But what about the other contestants? 0:01:38.253,0:01:40.953 They're jobless. Why don't they count? 0:01:41.000,0:01:42.599 Well, if we included them, 0:01:42.599,0:01:44.470 that would make the number much worse!