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YouTubeThe country as a whole creates just 36,000 jobs in January, and the unemployment rate drops ?
http://news.yahoo.com/s/nm/20110204/bs_nm/us_usa_economy_25
Does anyone believe their BS anymore ?
Columbus Underground Messageboard » General Columbus Discussion » Everyday Chit Chat
The National Unemployment Rate
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RoundTowner
Miranova
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Its all a Numbers game and politics. Two months from now, they will release "Revised" figures, which show the rate much higher.
Posted 1 year ago # -
thepiece
merion village
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Unemployment rates are calculated by looking at those who are actively looking for work. So its the # of unemployed in relation to the size of the labor market actively seeking employment.
So, no, its not bs, and it wouldn't surprise me to see the rate drop even with a small employment gain.....
Its not a perfect measure, but I'm not sure of what would be better...Posted 1 year ago # -
Andrew Hall
Dennison Place (The Circles)
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Everyone sensible* recognizes that the January numbers are messed up. (I first saw comment on these from a WaPo article linked on Fb by Jennifer Brunner who I suspect is not in tune w/ Antonio.) The two numbers are not measured the same way. Trends are what really matter and not really any credence should be given to what is likely an anomaly.
* Which makes it particularly cynical and deceptive politics that Boehner made a shot at Obama based on the the job cxn numbers.
A.
Posted 1 year ago # -
Antonio
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3.9 Million lost their unemployment benefits in 2010.
They don't count anymore, that's a great way to lower the number.
http://www.huffingtonpost.com/2011/02/10/2010-unemployment-benefits-exhausted_n_820957.html
Posted 1 year ago #
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