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