The Bureau of Labor Statistics counts as employed someone who works for a family business or farm for at least 15 hours a week. Whether or not the person takes home any money is unimportant. Also the BLS considers employed anyone who works at least one hour pr week and makes at least $20.
Let's look at the situation from a different point of view - the labor force participation rate, which refers to the number of people who are either employed or are actively looking for work. The participation rate on Friday's report was at a 38-year low of 62.6 percent. The BLS states that 93,770,000 individuals not in the labor force. That compares with 90,451,000 not in the labor force in July 2014.
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