Post Profile






Unemployment Numbers Are for Dummies

Literally half of the drop in the unemployment rate over the last year is due to shrinking the size of the workforce -- in other words unemployed are no longer being counted as they are removed from the workforce.
read more

share

Related Posts


GOLDMAN'S JAN HATZIUS: People Are Looking At The Wrong Unemployment Rate

Business & Finance : Business Insider: Money Game

The unemployment rate has fallen precipitously in the last three years. In November 2010, 9.1% of America's workforce was counted as unemployed. In December 2013, the headline U-3 unemployment rate stood at 6.7%. The U-6 unemploymen...

The Real Unemployment Rate

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

"The labor force is shrinking. Many people aren’t even entering the labor force, or are dropping out completely. These people are no longer counted as unemployed, discouraged workers, or underemployed. They simply cease to be counte...

BLS: Twenty-Three States had Unemployment Rate Decreases in April

Business & Finance / Economics : CalculatedRisk

From the BLS: Regional and State Employment and Unemployment SummaryRegional and state unemployment rates were little changed in April. Twenty-three states and the District of Columbia had unemployment rate decreases from March, 11 ...

The current unemployment rate in each state

Business & Finance : Business Insider: Clusterstock

The Bureau of Labor Statistics just released the April unemployment rates for the states and Washington, DC. Nebraska had the lowest unemployment rate, at just 2.5%, while the District of Columbia had the highest rate at 7.5%. Even ...

This other unemployment rate is at its lowest level in 15 years

Business & Finance : Business Insider: Clusterstock

The insured rate of unemployment recently fell to 1.6%, its lowest level in 15 years. This measure of the labor market is derived from the number of unemployment insurance claims filed, which is reported weekly by the Department of ...

Comments



Copyright © 2015 Regator, LLC