"Unemployment" As explained by Bud Abbott & Lou Costello COSTELLO: I want to talk about the unemployment rate in America. ABBOTT: Good Subject. Terrible Times. It's 9%. COSTELLO: That many people are out of work? ABBOTT: No, that's 16%. COSTELLO: You just said 9%. ABBOTT: 9% Unemployed. COSTELLO: Right 9% out of work. ABBOTT: No, that's 16%. COSTELLO: Okay, so it's 16% unemployed. ABBOTT: No, that's 9%... COSTELLO: WAIT A MINUTE. Is it 9% or 16%? ABBOTT: 9% are unemployed. 16% are out of work. COSTELLO: IF you are out of work you are unemployed. ABBOTT: No, you can't count the "Out of Work" as the unemployed. You have to look for work to be unemployed. (con't)