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Old 05-14-2012, 06:59 PM
 
33,752 posts, read 18,351,177 times
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Quote:
Originally Posted by Finn_Jarber View Post
or people give up looking
So you agree with this? So, they actually go from the UE3 to the what is it UE6 rate? ( I think, I'm not really sure about this stuff)

So why would anyone exploit this?
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Old 05-14-2012, 07:11 PM
 
Location: Sarasota FL
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Being that another 400,000 won't be receiving a check and therefor no longer counted as being unemployed, I wonder what phoney unemployed % number the BLS will announce.
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Old 05-14-2012, 07:25 PM
 
8,266 posts, read 10,670,238 times
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Quote:
Originally Posted by chucksnee View Post
So, how is the UE rate going down?
Unemployment rate is based on people working divided by people in labor force. So rate goes down if either labor force shrinks (related to my post on baby boomers entering retirement) or number of people working increases.

Quote:
Originally Posted by d4g4m View Post
Being that another 400,000 won't be receiving a check and therefor no longer counted as being unemployed
Yay, more people who for some reason think being counted as unemployed has anything to do with a check arriving.

Last edited by slackjaw; 05-14-2012 at 07:57 PM..
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Old 05-14-2012, 07:26 PM
 
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Didn't Obama declare the recession was over about 2 years ago? Sort of like Bush's mission accomplished...
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Old 05-14-2012, 07:32 PM
 
Location: Florida
62,374 posts, read 34,011,071 times
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Quote:
Originally Posted by chucksnee View Post
So you agree with this? So, they actually go from the UE3 to the what is it UE6 rate? ( I think, I'm not really sure about this stuff)

So why would anyone exploit this?
It has worked like that for decades. I don't know what you mean by someone exploiting it. It is what it is.
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Old 05-14-2012, 07:44 PM
 
33,752 posts, read 18,351,177 times
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Quote:
Originally Posted by Finn_Jarber View Post
It has worked like that for decades. I don't know what you mean by someone exploiting it. It is what it is.
Well, I'm not sure if anyone else has had the problem of less jobs being there. You know, jobs are not available, not because people are not hiring, because jobs are no longer existent.
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