It pushes together full-time, part-time, and whether you've given up looking. StatsCan actually, buried down in it, publishes 12 unemployment rates: long-term, short-term, part-time, all of this. The LICOs and the LIMs, all of these income-based measures, are arbitrary. No thoughtful person would say that they classify each family properly, of course not, but over time, do they measure something useful? I think so.
On October 20th, 2016. See this statement in context.