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Your statement about as long as you don't have a job and you are looking you are considered unemployed by the BLS is not true.
How in the world does the BLS know? lol If someone has been government deemed not looking in order to make the numbers look better how does that change anything? They are not producing, they're taking from the system.
People are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work. Actively looking for work may consist of any of the following activities:
Contacting:
An employer directly or having a job interview
A public or private employment agency
Friends or relatives
A school or university employment center
Submitting resumes or filling out applications
Placing or answering job advertisements
Checking union or professional registers
Some other means of active job search
Like I wrote, if you don't have a job but are actively looking you are counted as unemployed by the BLS.
How the BLS measures is also available at the above link. In short its an extremely large survey. The charges of political bias have never been proven or validated.
I made a disclaimer on page 1 about that - did you miss it?
The problem with the number in the past is that people would drop off of the unemployment stats if they were unemployed too long... therefore, it kept the number lower than it actually is.
I may too dig in detail and check the numbers again. It's been awhile.
It's been a while because, again it's hypocrisy.
Why didn't you do the bold before you posted this thread if not to try to give your guy Trump a high five on things that Obama also did but you claimed wasn't real/valid.
Then why did food stamp usage go up for the last 2 months on record in August and September? Is it because the economy still stinks and the jobs that came back are low paying?
July 41,203,725
Aug 41,251,644
Sep 42,048,425
Black and Hispanic unemployment rates are declining, which is absolutely a good thing. I know we are close to full employment... hopefully these numbers will further decrease - since theoretically we are over 7.3% and 4.7% respectively.
But the unemployment figures are fake news. Its closer to 35%. Maybe 40%. Thats what I heard.
People are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work. Actively looking for work may consist of any of the following activities:
Contacting:
An employer directly or having a job interview
A public or private employment agency
Friends or relatives
A school or university employment center
Submitting resumes or filling out applications
Placing or answering job advertisements
Checking union or professional registers
Some other means of active job search
Like I wrote, if you don't have a job but are actively looking you are counted as unemployed by the BLS.
How the BLS measures is also available at the above link. In short its an extremely large survey. The charges of political bias have never been proven or validated.
to the bolded You're talking about how can someone say it's not a good measurement and then use it to say it is a good measurement now. I'll agree 100 percent with that sentiment. You always have to point out the hypocrisy.
But quite a few are saying it's not a good indicator and it doesn't matter who is in office and here are the reasons why.
to the bolded You're talking about how can someone say it's not a good measurement and then use it to say it is a good measurement now. I'll agree 100 percent with that sentiment. You always have to point out the hypocrisy.
But quite a few are saying it's not a good indicator and it doesn't matter who is in office and here are the reasons why.
What you wrote:
"If someone has been government deemed not looking in order to make the numbers look better"
Do you have any proof that the BLS is manipulating the number to make them look better?
You mean the narrative that unemployment has fallen from over 10% to around 4% in a matter of 8 years?
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