Thursday, July 16, 2009

Did you know that unemployment numbers only count people who report to the unemployment office?

Unemployment numbers only count people who report to unemployment offices. Most people don%26#039;t keep reporting to the unemployment office after their unemployment benefits run out, because there%26#039;s no point. Therefore, if you%26#039;re unemployment benefits run out, and you stop going to the unemployment office, you drop off the unemployment rate.



So if everyone who lost a job never got work again, the %26quot;unemployment rate%26quot; could actually either stay the same or get better. Even if those people are still looking for work.



So it%26#039;s a meaningless statistic. But for some reason it is still used to say %26quot;Hey, look, the economy is great%26quot;.



Did you know that unemployment numbers only count people who report to the unemployment office?





Wrong the unemployment numbers reflect those who have successfully filled for benefits %26amp; do not get disqualified during all the hoop jumping etc. You can report all you want that will not put you in the unemployment statistics.



Did you know that unemployment numbers only count people who report to the unemployment office? loan



true, in a sense it also helps business target industries that can be developed for mass production, thus hiring many people at one time...any numbers or statistics can be read different for whatever context is being presented...|||A better measure would be: of the people who say they want to work (or perhaps are capable of working), how many actually have jobs? think this would be a more realistic estimate of unemployment|||Most people who have a clue undertand this. In fact, the numbers most quoted are those who have filed claims.|||it%26#039;s always been that way. the %26quot;Clinton economy%26quot; was the worst we%26#039;ve had in my lifetime, but it was claimed to be among the best because so many had their benefits run out without finding work. so?

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